MI area data
Reed City, MI
Reed City, MI.
Population: 7,028 (Census ACS)
The typical home value in Reed City, MI is $197,518 — up 4.2% over the past year. Homes sell for a median $182,500 after a median 37 days on market. 4 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with winter weather, strong wind the top-rated hazards. Cost of living is 3.8% below the US average (BEA, metro/state-level).
$197,518
Typical home value
+4.2%
1-year change
37
Median days on market
Very Low
Hazard risk (county)
Home values & appreciation
- Typical home value
- $197,518
- 1-year appreciation
- +4.2%
- 3-year appreciation
- +9.1%
- 5-year appreciation
- +19.4%
- 10-year appreciation
- +95.3%
- Peak value since 2000 (Apr 2026)
- $203,874
- House Price Index (state)
- 400.5 (+3.7% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $182,500
- Median list price
- $219,900
- Median price per sqft
- $127
- 1-year sale-price change
- -4.7%
- Median days on market
- 37 days
- Homes sold (recent period)
- 28
- For-sale inventory
- 25
- Sale-to-list ratio
- 99.0%
- Active listings
- 24
- New listings (monthly)
- 9
Source: recent area sales and market data (ZIP-level)
Rents
- Studio fair-market rent
- $748/mo
- 1BR fair-market rent
- $801/mo
- 2BR fair-market rent
- $1,048/mo
- 3BR fair-market rent
- $1,249/mo
- 4BR fair-market rent
- $1,377/mo
Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)
Affordability
- Cost of living index (Average)
- 96.2 (100 = US avg)
- Electricity rate (state-level)
- 20.0¢/kWh
- Natural gas rate (state-level)
- $10.90/MCF
- 30-year mortgage rate (national)
- 7.40%
- 15-year mortgage rate (national)
- 6.73%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Schools
- Total schools
- 4
- Elementary schools
- 2
- Middle schools
- 1
- High schools
- 1
- Avg student-teacher ratio
- 17.1 : 1
- Schools include
- GT Norman Elementary School, Reed City High School, Reed City Middle School, Great Start Readiness Program
Source: NCES school directory, 2024-25 (school-address-based)
Natural hazards & flood risk
- Overall hazard risk (county)
- Very Low
- Top hazards (county)
- winter weather, strong wind
- Notable hazard ratings (county)
- winter weather: Relatively High · strong wind: Relatively Moderate · hail: Relatively Low · tornado: Relatively Low · cold wave: Relatively Low · ice storm: Relatively Low
- Wildfire risk to homes (county)
- Higher than 17% of US counties
- Buildings in wildfire direct-exposure zone
- 74.1%
- Radon potential (county)
- Low radon potential — EPA Zone 3 of 3
- EPA Superfund (NPL) sites within 5 mi
- None
- Nearest Superfund site
- Kysor Industrial Corp. (21.1 mi)
Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
Climate (30-year normals)
- Average annual temperature
- 45.0°F
- Average high
- 56.0°F
- Average low
- 35.0°F
- Annual precipitation
- 37.9 in
- Annual snowfall
- 61.3 in
- USDA plant hardiness zone
- 5a (extreme annual low -20 to -15°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Amenities
- Airports within 30 mi
- 14
- Nearest airport
- Nartron Field (6 mi)
- Hospitals in or near this ZIP
- 1
- Hospitals include
- COREWELL HEALTH REED CITY HOSPITAL
- Solar radiation rating
- Fair (3.7 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- +78 tax filers
Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)
Housing stock
- Median year housing built
- 1974
- Housing built before 1970
- 42.3%
- Housing built 2000 or later
- 14.0%
- Median annual property tax
- $1,582
- Mean commute to work
- 23 min
- Households with broadband internet
- 43.3%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 6,689
- Average weekly wage
- $1,159
- Top industries (by employment)
- Health Care, Construction, Accommodation & Food
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| Reed City | State median | US median | |
|---|---|---|---|
| Typical home value | $197,518 | $242,800 | $288,527 |
| Median sale price | $182,500 | $265,000 | $325,000 |
| Median days on market | 37 days | 36 days | 51 days |
| Median annual property tax | $1,582 | $2,175 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the typical home value in Reed City, MI?
- $197,518.
- What is the median sale price in Reed City, MI?
- $182,500.
- How long do homes take to sell in Reed City, MI?
- Median days on market: 37 days.
- What is typical rent in Reed City, MI?
- 2-bedroom fair-market rent: $1,048/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
- What is the natural-hazard risk in Reed City, MI?
- Overall risk: Very Low (FEMA NRI, county-level). Top hazards: winter weather, strong wind.
- What is the wildfire risk in Reed City, MI?
- Risk to homes is higher than 17% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in Reed City, MI?
- Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near Reed City, MI?
- No current or proposed National Priorities List sites within 5 miles (EPA).
- How many schools serve Reed City, MI?
- 4 schools (2 elementary, 1 middle, 1 high) (NCES, 2024-25).
- What is the cost of living in Reed City, MI?
- Regional Price Parity: 96.2 (100 = US average) (Average) (BEA RPP, metro/state-level).
ZIP code for Reed City
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Data last updated
Most recent source refresh: Oct 2026. See all data sources →