Housing Prices in Reese, MI

How much do homes in Reese, MI cost?

Median List Price

$201,900

$105/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$27,000(+15.4%)

Key Takeaway

The list price of homes in Reese has increased by 15.4% since last year.

Summary: The median home list price in Reese was $201,900 in November 2024, up 15.4% from the previous year, and the median price per square foot was $105.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$89.9K
N/A
2 $148.5K$155K
+4.4%
3 $179.9K$250K
+39.0%
4 $209K$207.9K
-0.5%
5+ $150K$234.5K
+56.3%

Summary: Reese housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 39%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 56.3%.

Median List Price Compared To Nearby Cities

Reese
+15.4%
Blumfield Township
+4.2%
Denmark Township
+4.1%

Housing Supply in Reese, MI

How many homes are available in Reese, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
79+28.6%

Summary: The Reese real estate market had 9 homes for sale in November 2024, a 28.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 45
+25.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Reese housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Reese, MI

How long does it take to sell a home in Reese, MI?

Average Listing Age

Nov 2023Nov 2024CHANGE
151 Days62 Days-58.4%

Summary: Homes in Reese had an average listing age of 62 days in Nov 2024, down by 58.4% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Reese, MI

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