Housing in Reed City, Michigan
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Housing - Updated September, 2011
| Median Home Age | 50.4 | 35.1 |
| Median Home Cost | $88,500 | $175,100 |
| Home Appreciation | -3.21% | -3.15% |
| Homes Owned | 56.87% | 59.90% |
| Housing Vacant | 8.34% | 10.37% |
| Homes Rented | 34.79% | 29.73% |
| Property Tax Rate | $10.37 | $11.20 |
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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| Less Than $20,000 | 2.67% | 2.65% |
| $20,000 to $39,999 | 6.50% | 3.76% |
| $40,000 to $59,999 | 14.50% | 4.99% |
| $60,000 to $79,999 | 23.50% | 6.01% |
| $80,000 to $99,999 | 17.00% | 7.27% |
| $100,000 to $149,999 | 24.83% | 19.24% |
| $150,000 to $199,999 | 7.50% | 14.67% |
| $200,000 to $299,999 | 2.83% | 18.09% |
| $300,000 to $399,999 | 0.17% | 9.14% |
| $400,000 to $499,999 | 0.33% | 4.94% |
| $500,000 to $749,999 | 0.00% | 5.42% |
| $750,000 to $999,999 | 0.00% | 2.03% |
| $1,000,000 or more | 0.17% | 1.77% |
HOUSING UNITS BY YEAR STRUCTURE BUILT
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| 1999 to 2005 | 5.50% | 13.71% |
| 1995 to 1998 | 2.82% | 8.54% |
| 1990 to 1994 | 2.68% | 5.77% |
| 1980 to 1989 | 9.48% | 13.87% |
| 1970 to 1979 | 16.40% | 16.17% |
| 1960 to 1969 | 12.80% | 11.70% |
| 1950 to 1959 | 8.34% | 11.08% |
| 1940 to 1949 | 7.96% | 6.02% |
| 1939 or Earlier | 34.03% | 13.15% |
The median home value in Reed City, MI, is $88,500. Home appreciation is -3.21% over the last year. The median age of Reed City, MI, real estate is 50 years.
Reed City, MI Apartments and Rentals
Renters make up 34.79% of the Reed City, MI, population. 8.34% of houses and apartments in Reed City, MI, are unoccupied (vacancy rate).
Reed City Housing SperlingViews
Crossroads: Reed City is a town of 2,000 in West Michigan that is the county seat of Osceola County. It is now the crossing point of the White Pine and Pere Marquette Trails and is... (read more)Have an opinion about Reed City? Leave a commentTo See All SperlingViews for Reed City Click Here
