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REED CITY, MI 49677

Real Estate Market Report  ·  Osceola County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The REED CITY, MI real estate market (49677) currently shows 14 active listings, with 5 pending sales. Homes are averaging 62 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 62 days on market compared to 107 days last year.

The median listing price has risen 38.8% year-over-year, from $182,750 to $253,725.

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.

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Market Context

Market Context

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

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

Market Overview

Active Listings
14
⇩ 26.3% vs 19 last year
Pending
5
36% pending ratio
Median Price
$253,725
⇧ 38.8% vs $182,750 last year
Average Price
$317,159
⇩ 4.3% vs $331,517 last year
Days on Market
62
⇩ 42.1% vs 107 days last year

Price Per Square Foot

Median $/sqft
$125
⇧ 12.6% vs $111/sqft last year
Median Home Size
1,631 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 19 last year
  • Days on market: 62 now vs 107 last year

Median & Average Pricing

Year over Year
  • Median: $253,725 (+38.8% YoY)
  • Average: $317,159 (-4.3% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.2 miles — 208 listings ($70,021,903 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49677Reed City, MI 496770.0 mi12$2,761,068$208,650$230,089
49639Hersey, MI 496398.0 mi6$1,123,602$196,800$187,267
49655Leroy, MI 4965510.5 mi11$2,902,504$197,450$263,864
49656Luther, MI 4965613.3 mi9$10,728,972$227,725$1,192,108
49631Evart, MI 4963114.2 mi28$6,821,528$174,225$243,626
49688Tustin, MI 4968816.4 mi11$3,595,185$347,675$326,835
49342Rodney, MI 4934217.6 mi5$1,257,835$219,900$251,567
49309Bitely, MI 4930919.2 mi9$2,906,757$340,000$322,973
49305Barryton, MI 4930522.0 mi8$1,896,088$209,975$237,011
49601Cadillac, MI 4960123.7 mi61$20,732,680$201,825$339,880
49644Irons, MI 4964423.8 mi22$7,658,838$239,900$348,129
49402Branch, MI 4940224.6 mi5$2,744,875$611,750$548,975
48632Lake, MI 4863226.2 mi21$4,891,971$177,450$232,951

Frequently Asked Questions

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

As of March 2026, there are 14 active listings in REED CITY, MI (zip code 49677), compared to 19 the prior year.

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

The median listing price in REED CITY, MI 49677 is $253,725 as of March 2026, a 38.8% increase from $182,750 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 62 days on the market before going under contract, compared to 107 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 March 2026, REED CITY, MI 49677 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 62 days on market compared to 107 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 $5,075 compared to a typical 5% commission on the median listing price of $253,725. 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.