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Single-family 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 $216,221.
In Reese, MI, how many homes are available?
There are currently 5 active home listings available in Reese.
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 $1,494,093.
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 charming village known for its welcoming community and rural lifestyle. Residents enjoy access to local amenities and outdoor activities that promote a sense of peace and connection to nature. The area is perfect for families looking for a safe, tight-knit community.

Current Market Conditions in Reese, MI

The real estate market in Reese, MI reflects the steady demand for affordable homes in rural settings. As more buyers seek out charming small towns, Reese offers a variety of options, from family homes to vacant land, making it a desirable location for investment. Prices remain stable due to limited inventory and consistent interest from first-time home buyers.

Given the area's modest growth, investors are increasingly recognizing the potential for future appreciation, especially as new families move into the region.

Home Value Estimator For Reese, MI

There are currently 1,268 real estate properties in Reese, MI, with a median automated valuation model (AVM) price of $202,106.00. 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 $216,221.00, with the most expensive house in Reese, MI, topping out at $1,494,093.00 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 Single-family Homes


Market Trend for Reese, MI

Total Listings Available: 5

Market Values:

Home Prices from $15,180 to $1,494,093

Average Sales Price: $216,221

Rental Values:

Rental from $740 to $2,560

Average Rent Value: $1,337 / month

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