Call or Text (240) SELL-123

REED CITY, MI 49677

Real Estate Market Report  ·  Osceola County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
12
⇩ 45.5% vs 22 last year
Pending
2
17% pending ratio
Median Price
$177,450
⇩ 1% vs $179,300 last year
Average Price
$213,882
⇩ 20.1% vs $267,672 last year
Days on Market
92
⇧ 50.8% vs 61 days last year

Market Context

Population: 7,351  ·  Density: 22.4/mi²  ·  Median household income: $58,419

Typical home value: $115,996  ·  Homeownership: 80.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The REED CITY, MI real estate market (49677) currently shows 12 active listings, with 2 pending sales. Homes are averaging 92 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 92 days on market compared to 61 days last year.

The median listing price has fallen 1% year-over-year, from $179,300 to $177,450.

Whether you are buying or selling in REED CITY, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for REED CITY, MI 49677 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 12 this year vs 22 last year
  • Days on market: 92 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $177,450 (-1% YoY)
  • Average: $213,882 (-20.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.2 miles — 213 listings ($69,202,839 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49677Reed City, MI 496770.0 mi12$2,566,584$177,450$213,882
49639Hersey, MI 496398.0 mi6$1,271,700$205,000$211,950
49655Leroy, MI 4965510.5 mi11$3,588,387$275,000$326,217
49656Luther, MI 4965613.3 mi8$8,393,832$220,000$1,049,229
49631Evart, MI 4963114.2 mi28$7,070,364$195,000$252,513
49688Tustin, MI 4968816.4 mi14$4,599,504$341,900$328,536
49342Rodney, MI 4934217.6 mi5$1,291,165$219,900$258,233
49309Bitely, MI 4930919.2 mi9$2,206,674$169,500$245,186
49305Barryton, MI 4930522.0 mi8$1,810,800$194,950$226,350
49601Cadillac, MI 4960123.7 mi68$22,428,440$214,200$329,830
49644Irons, MI 4964423.8 mi19$6,708,995$259,900$353,105
49402Branch, MI 4940224.6 mi7$3,467,800$599,000$495,400
48632Lake, MI 4863226.2 mi18$3,798,594$175,000$211,033

Frequently Asked Questions

How many homes are for sale in REED CITY, MI 49677?

As of January 2026, there are 12 active listings in REED CITY, MI (zip code 49677), compared to 22 the prior year.

What is the median home price in REED CITY, MI 49677?

The median listing price in REED CITY, MI 49677 is $177,450 as of January 2026, a 1% decrease from $179,300 the prior year.

How long do homes stay on the market in REED CITY, MI?

Homes in REED CITY, MI 49677 spend an average of 92 days on the market before going under contract, compared to 61 days the prior year.

Is it a seller's or buyer's market in REED CITY, MI 49677?

Based on current inventory and days-on-market data as of January 2026, REED CITY, MI 49677 is currently a Balanced Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 92 days on market compared to 61 days last year.

How much can I save on real estate commission in REED CITY, MI?

With SELL123.com's maximum 3% commission, sellers in REED CITY, MI 49677 save an estimated $3,549 compared to a typical 5% commission on the median listing price of $177,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.