Zip 48757 (Reese, MI) Housing

Reese, MI is a great place to live with its housing median value at $178,400. Although the US housing median value is higher at $338,100, Reese still sees an impressive appreciation rate of 9.81%, higher than the US's 8.27%. This ensures that homeowners in Reese can enjoy a steady increase in their investment over time.

The median home cost in Reese (zip 48757) is $178,400. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Reese (zip 48757) is up 14.8%.

Average Age of Homes

- The median age of Reese (zip 48757) real estate is 56 years old

The Rental Market in Reese (zip 48757)

- Renters make up 13.1% of the Reese (zip 48757) population
- 1.0% of houses and apartments in Reese (zip 48757), 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	Reese, Michigan	United States
	1,685.0	139,647,020.0
	59	42
	$178,400	$338,100
	14.8%	16.6%
	62.1%	57.0%
	84.9%	101.1%
	$15.54	$10.98
	$2,117	$2,690
	83.5%	57.4%
	5.9%	11.2%
	10.6%	31.4%
Vacant Housing
	1.0%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	2.0%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	5.8%	2.6%
	1.8%	2.4%
	3.7%	2.8%
	7.5%	3.9%
	12.1%	4.5%
	26.4%	11.3%
	17.5%	13.0%
	20.3%	20.1%
	1.4%	13.6%
	0.7%	8.3%
	1.6%	9.7%
	0.0%	3.9%
	0.6%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.2%	13.6%
	5.2%	13.6%
	8.7%	13.6%
	8.4%	13.2%
	16.7%	14.8%
	8.7%	13.6%
	9.3%	10.0%
	7.0%	4.7%
	31.9%	12.2%

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