Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Reese area can be challenging. Home prices in Reese are now at a median cost of $149,923, lower than the Michigan average of $196,062.
The average cost of rent is $736/mo in Reese, primarily driven by the current value of real estate in the Reese area. While nearly 49.34% of residents own their homes outright in Reese, 13.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in Reese is $6,573 per month. Households that rent pay about 11.20% of their income on rent here. Reese's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Richville, MI: less expensive homes
- Gilford, MI: less expensive homes
- Gera, MI: higher priced homes
- Munger, MI: less expensive homes
- Indiantown, MI: less expensive homes
- Vassar, MI: less expensive homes
- Fairgrove, MI: less expensive homes
- Watrousville, MI: less expensive homes
- Frankenmuth, MI: higher priced homes
- Quanicassee, MI: equally priced homes
Cities with Similar Populations
- Alvord, TX: higher priced homes
- Wyandotte, OK: less expensive homes
- Rough And Ready, CA: higher priced homes
- Perryopolis, PA: equally priced homes
- Pauma Valley, CA: higher priced homes
- Medina, WA: higher priced homes
- Medford, MN: higher priced homes
- Malabar, FL: higher priced homes
- Kenhorst, PA: equally priced homes
- Jellico, TN: equally priced homes
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