Reed City Housing Information - Census

IndexReed CityMichiganNational
Median home price$64,200$127,800$184,700
Median rent asked$554$799$949
Avg. people per household2.52.52.6
Owner occupied households55.4%70.8%63.6%
Renter occupied households44.6%29.2%36.4%

Reed City Housing Information - Zillow

IndexReed CityMichiganNational
Zillow home value indexn/a$132,300$196,500
Year over year appreciation raten/a7.91%6.79%
5 year average appreciation raten/a8.20%5.28%
10 year average appreciation raten/a-0.30%0.01%

Did you know?

  • The median home price in Reed City is 65% lower than the national average.
  • The median rent asked in Reed City is 42% lower than the national average.
  • The average number of people per household in Reed City is 6% lower than the national average.
  • The number of owner occupied households in Reed City is 13% lower than the national average.
  • The number of renter occupied households in Reed City is 23% higher than the national average.

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Compare Reed City, MI Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Luther, MI363$56,40069%
Evart, MI1,687$67,80063%
Le Roy, MI352$75,70059%
Hersey, MI320$76,00059%
Big Rapids, MI10,495$88,40052%
Reed City, MI2,715$64,20065%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Reynoldsville, PA2,715$67,90063%
Paynesville, MN2,715$125,10032%
Val Verde, CA2,716$282,00053%
Seward, AK2,714$192,5004%
Almont, MI2,714$133,70028%
Reed City, MI2,715$64,20065%
Source: The Reed City, MI housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.