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Condo Foreclosures in Reese, MI

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Reese, MI Foreclosures

How much do homes sell for in Reese, MI?
The average home price is currently $223,404.
What’s the average rental cost in Reese, MI?
The average rental price in Reese is $1,337.
What is the most expensive home in Reese?
The most expensive home sold in Reese had a price of $4,314,803.
What is currently the cheapest priced home in Reese, MI?
The cheapest home for sale in Reese is priced at $15,180.

Living in Reese, MI

Reese, Michigan, is a small, friendly community that offers a blend of rural charm and convenient amenities. With a low cost of living and a close-knit environment, this area is perfect for families looking for a peaceful lifestyle. Local parks and recreational areas enhance outdoor activities, making it a great place to enjoy nature.

Current Market Conditions in Reese, MI

The real estate market in Reese remains stable, with an appropriate mix of single-family homes and vacant lots available for purchase. The area has been witnessing gradual growth in demand, particularly among families and retirees looking for a peaceful living environment away from urban hustle.

Recent statistics indicate a consistent pricing trend in home values, reflecting the small-town charm and appeal of Reese. While property turnover is relatively modest, it offers opportunities for buyers interested in a slower-paced lifestyle.

Home Value Estimator For Reese, MI

There are currently 1,408 real estate properties in Reese, MI, with a median automated valuation model (AVM) price of $202,005.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Reese, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Reese, MI, is $223,404.00, with the most expensive house in Reese, MI, topping out at $4,314,803.00 and the cheapest home in Reese, MI, clocking in at $15,180.00. In other words, there’s something for every potential homebuyer or savvy investor in Reese, MI!

Rent Prices In Reese, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Reese, MI, is on a rollercoaster ride. The average rent price in Reese, MI, is $1,337.00. Indeed, when looking to rent in Reese, MI, you can expect to pay as little as $740.00 or as much as $2,560.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Reese, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Reese, MI Condos


Market Trend for Reese, MI

Total Listings Available: 0

Market Values:

Home Prices from $15,180 to $4,314,803

Average Sales Price: $223,404

Rental Values:

Rental from $740 to $2,560

Average Rent Value: $1,337 / month

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