The housing market in Reynolds, MI is performing significantly above the national average. According to data from the US Census Bureau, the median value of homes in Reynolds is $181,400, compared to the national median value of $338,100. Additionally, the 1 year appreciation rate for homes in Reynolds is 12.54%, far above the 8.27% appreciation rate nationally. This suggests a strong and increasing demand for housing in Reynolds, MI which may present an opportunity for investment or other real estate related activities.
The median home cost in Reynolds is $181,400. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Reynolds is up 16.2%.
Average Age of Homes
- The median age of Reynolds real estate is 30 years old
The Rental Market in Reynolds
- Renters make up 16.6% of the Reynolds population
- 0.4% of houses and apartments in Reynolds, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.