Zip 49677 (Reed City, MI) Housing

Reed City, MI (49677) is a great place to invest in property. The median housing value here is $150,000, which is much lower than the US median of $338,100. Furthermore, over the past year the appreciation rate of housing values has been 15.49%, significantly higher than the US appreciation rate of 8.27%. This trend shows that investing in Reed City real estate now could be a wise decision for those looking to get into a house sooner rather than later.

The median home cost in Reed City (zip 49677) is $150,000. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Reed City (zip 49677) is up 19.8%.

Average Age of Homes

- The median age of Reed City (zip 49677) real estate is 43 years old

The Rental Market in Reed City (zip 49677)

- Renters make up 21.8% of the Reed City (zip 49677) population
- 1.2% of houses and apartments in Reed City (zip 49677), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Reed City, Michigan	United States
	3,514.0	139,647,020.0
	47	42
	$150,000	$338,100
	19.8%	16.6%
	69.9%	57.0%
	122.2%	101.1%
	$13.83	$10.98
	$1,365	$2,690
	61.1%	57.4%
	22.4%	11.2%
	16.5%	31.4%
Vacant Housing
	1.2%	1.9%
	0.2%	0.4%
	0.4%	0.7%
	0.5%	0.4%
	14.3%	3.6%
	5.8%	4.1%
Value of Owner-Occupied Housing
	5.1%	2.6%
	6.6%	2.4%
	10.3%	2.8%
	12.7%	3.9%
	16.4%	4.5%
	22.2%	11.3%
	14.2%	13.0%
	7.0%	20.1%
	3.7%	13.6%
	0.6%	8.3%
	0.9%	9.7%
	0.0%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	7.2%	13.6%
	7.2%	13.6%
	14.7%	13.6%
	14.9%	13.2%
	18.8%	14.8%
	14.7%	13.6%
	9.1%	10.0%
	5.2%	4.7%
	17.8%	12.2%

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