Reed City, MI Housing Market
$197,984
4.7% 1-yrThe average Reed City, MI home value is $197,984, up 4.7% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Reed City Key Takeaways
Typical Home Values: $197,984
1-Year Value Change: +4.7%
(Data through August 31, 2026)
Reed City Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Reed City
- NameMedian ZHVI
- Paris--
- Pere Marquette$356,311
- Elm Hall--
- Chums Corner$417,327
- Traverse Heights$332,049
- Old Towne$495,231
- Central$534,824
- Kids Creek$472,363
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Reed City Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Reed City, MI?
The median home value in Reed City, MI is $197,984 as of August 2026. This represents a 0.6% decrease compared to last month and a 4.7% increase year-over-year.
How have home values changed in Reed City, MI?
Home values in Reed City, MI have decreased by 0.6% month-over-month and 4.7% year-over-year.
How do home values in Reed City, MI compare to Osceola County, Michigan, and the national average?
The median home value in Reed City, MI ($197,984) compares to: Osceola County ($196,883), Michigan ($266,292), and the U.S. national median ($368,697).


