What is the median home value in Reeder Township, MI?
The median value of owner-occupied homes in Reeder Township, MI is $168,400 (±$13,567), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Reeder Township, the median home value went from $137,800 in 2015–2019 to $168,400 in 2020–2024 (+22.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median home value
- $168,400 (±$13,567)
- Owner-occupied homes
- 256 (±42)
- Most common range
- $200,000 to $299,999
Home values in Reeder Township
| Value | Reeder Township | Missaukee County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 2.3% (±2.7 points) | 7.2% | 7.6% | 5.3% |
| $50,000 to $99,999 | 15.2% (±5.8 points) | 14.3% | 9.2% | 6.1% |
| $100,000 to $149,999 | 21.5% (±8.2 points) | 17.3% | 10.6% | 6.8% |
| $150,000 to $199,999 | 18.8% (±8.2 points) | 18.3% | 14.1% | 9.0% |
| $200,000 to $299,999 | 26.2% (±7.2 points) | 20.9% | 23.4% | 17.8% |
| $300,000 to $499,999 | 9.8% (±5.0 points) | 15.3% | 24.1% | 26.9% |
| $500,000 to $999,999 | 6.3% (±3.6 points) | 5.6% | 9.2% | 20.9% |
| $1,000,000 or more | 0.0% (±11.0 points) | 1.1% | 1.6% | 7.1% |
The most common range is $200,000 to $299,999, 26.2% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Reeder Township against Missaukee County, its state and the nation
| Reeder Township | Missaukee County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $168,400 (±$13,567) | $170,400 (±$5,383) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 256 (±42) | 5,015 (±183) | 2,984,190 (±12,886) | 84,210,142 |
In Reeder Township, the median home value is not measurably different from Missaukee County ($170,400).
It is also lower than in Michigan ($231,600).
It is lower than the national figure ($332,700).
In Missaukee County, Reeder Township ranks 9 of 17 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 1017 of 1,518.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Reeder Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $137,800 (±$10,759) | $168,400 (±$13,567) | +22.2% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,035 (±$147) | $1,421 (±$172) | +37.3% | No measurable change after inflation |
| Median real estate taxes | $1,335 (±$187) | $1,712 (±$290) | +28.2% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Reeder Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Reeder Township | — | $168,400 (±$13,567) | — |
| Lake City | 3.9 mi | $170,300 (±$13,276) | Not measurably different |
| Riverside Township | 5.2 mi | $206,700 (±$18,677) | Higher |
| Aetna Township (Missaukee County) | 5.3 mi | $182,800 (±$45,178) | Not measurably different |
| Forest Township (Missaukee County) | 6.0 mi | $164,200 (±$12,273) | Not measurably different |
| Lake Township (Missaukee County) | 6.8 mi | $230,300 (±$50,349) | Higher |
| McBain | 7.3 mi | $141,700 (±$35,975) | Not measurably different |
| Clam Union Township | 8.0 mi | $153,900 (±$16,024) | Not measurably different |
| Richland Township (Missaukee County) | 8.3 mi | $197,300 (±$33,040) | Not measurably different |
Nearby places with a measurably higher figure: Riverside Township, MI ($206,700), Lake Township (Missaukee County), MI ($230,300).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Missaukee County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 3 | Richland Township (Missaukee County) | $197,300 (±$33,040) |
| 4 | Bloomfield Township (Missaukee County) | $193,100 (±$57,176) |
| 5 | Aetna Township (Missaukee County) | $182,800 (±$45,178) |
| 6 | Lake City | $170,300 (±$13,276) |
| 7 | Norwich Township (Missaukee County) | $170,100 (±$33,705) |
| 8 | Enterprise Township | $168,800 (±$51,104) |
| 9 | Reeder Township | $168,400 (±$13,567) |
| 10 | Forest Township (Missaukee County) | $164,200 (±$12,273) |
| 11 | Caldwell Township | $154,800 (±$27,442) |
| 12 | Clam Union Township | $153,900 (±$16,024) |
| 13 | Holland Township | $142,900 (±$61,580) |
| 14 | McBain | $141,700 (±$35,975) |
| 15 | West Branch Township (Missaukee County) | $137,500 (±$23,538) |
Showing 13 of 17 places in Missaukee County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Reeder Township
What is the average home value in Reeder Township, MI?
The Census Bureau publishes the median: $168,400 (±$13,567) for owner-occupied homes in Reeder Township (2020–2024 American Community Survey).
Have home values in Reeder Township gone up?
In Reeder Township, the median home value went from $137,800 in 2015–2019 to $168,400 in 2020–2024 (+22.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in Reeder Township sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Reeder township, Missaukee County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Reeder township, Missaukee County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Reeder township, Missaukee County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Reeder township, Missaukee County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Reeder township, Missaukee County, Michigan (county subdivision:67840, in state:26 county:113).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Reeder Township at a glance
- Income and affordability in Reeder Township
- Homeowner costs in Reeder Township
- Property taxes in Reeder Township
- Types of homes in Reeder Township
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- Age of homes in Reeder Township
- Heating fuel in Reeder Township
- Commute and cars in Reeder Township
- How long people stay in Reeder Township
- Michigan landlord and tenant rules
- Housing across Missaukee County
- Michigan places ranked by median home value
- Housing data for every place in Michigan