Home prices
The median home in Reed City costs $70,800. It is approximately $6,960 (8%) lower in comparison to its surrounding areas.It is roughly $146,700 (67%) lower compared to the entire nation, and it is roughly $72,600 (50%) lower compared to the city of Grand Rapids.
Rents
In Reed City the median rent is $563 per month. This is roughly $243 (30%) lower in comparison to other places in this area.In comparison to the nation as a whole it is roughly $499 (46%) lower, and in comparison to the city of Grand Rapids it is approximately $362 (39%) lower.
Nearby places
Hersey
Hersey is about 3 miles southeast of Reed City. The housing prices there are a bit more expensive. Hersey's median home value is $81,700, which works out to $10,900 (13%) higher than Reed City. Rents there are significantly more expensive. The median monthly rent in Hersey is $893, which works out to $330 (36%) higher than Reed City.
Evart
Evart is about 9 miles east of Reed City. The housing prices there are similar. The cost of the median home in Evart is $68,200, which is $2,600 (3%) lower than Reed City. The rent there is somewhat less expensive. Evart's median rent is $513 a month, which comes out to $50 (9%) lower than Reed City.
Le Roy
Le Roy is roughly 10 miles north of Reed City. Real estate prices there are somewhat more expensive. Le Roy's median home cost is $86,700, which works out to $15,900 (18%) higher than Reed City. Rent there is significantly more expensive. In Le Roy the median rent is $1,054 a month, which is $491 (46%) higher than Reed City.
Big Rapids
Big Rapids is roughly 11 miles south of Reed City. Its real estate prices are a little more expensive. The value of the median home in Big Rapids is $93,900, which comes out to $23,100 (24%) higher than Reed City. The rent there is a little more expensive. Big Rapids's median monthly rent is $670, which comes out to $107 (15%) higher than Reed City.
Luther
Luther is approximately 12 miles northwest from Reed City. Its real estate prices are a little less expensive. The median home in Luther costs $58,300, which works out to $12,500 (21%) lower than Reed City. Rent there is substantially more expensive. Luther's median rent is $900 per month, which works out to $337 (37%) higher than Reed City.
