House Prices

House Prices & Home Values Reese, MI 2026


Average Data

average house price$161,660
average size per house1783 ft²
average price per ft²91 $ / ft²

04/22/2026 - The value range (VR) for house prices in Reese, MI is $91/ sqft to $91/ sqft. An average home with 1783 sqft costs approximately $162,253 to $162,253. Reese, MI includes 1 ZIP codes and it is located in Tuscola county. The lowest prices are found in ZIP 48757, while the highest are in ZIP 48757. The average price per sqare feet is $91. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Reese

4875788 $ / ft²




Historical development of home values in Reese

Year Estimated value (USD) Change vs. 2025
2010 $75,078 -53.6%
2011 $72,175 -55.4%
2012 $71,980 -55.5%
2013 $74,671 -53.8%
2014 $78,384 -51.5%
2015 $82,407 -49.0%
2016 $86,707 -46.4%
2017 $91,387 -43.5%
2018 $96,439 -40.3%
2019 $100,911 -37.6%
2020 $106,128 -34.4%
2021 $120,709 -25.3%
2022 $140,719 -13.0%
2023 $148,395 -8.2%
2024 $156,980 -2.9%
2025 $161,660 0.0%

Graph: estimated home values in Reese over time (USD)



Example: 100% financing house in Reese

Loan amount: $161,660

Interest rate: 6.00%

Fixed monthly payment: $969.23

Breakdown in the 1st month:
Interest portion: $808.30  –  Principal portion: $160.93

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $9,645.60 $1,985.20 $159,674.80
2 $9,523.15 $2,107.65 $157,567.15
3 $9,393.16 $2,237.64 $155,329.51
4 $9,255.15 $2,375.65 $152,953.85
5 $9,108.62 $2,522.18 $150,431.67
6 $8,953.06 $2,677.74 $147,753.93
7 $8,787.90 $2,842.90 $144,911.03
8 $8,612.56 $3,018.24 $141,892.79
9 $8,426.40 $3,204.40 $138,688.39
10 $8,228.76 $3,402.04 $135,286.34
11 $8,018.93 $3,611.87 $131,674.47
12 $7,796.15 $3,834.65 $127,839.82
13 $7,559.64 $4,071.16 $123,768.67
14 $7,308.54 $4,322.26 $119,446.41
15 $7,041.95 $4,588.85 $114,857.56
16 $6,758.92 $4,871.88 $109,985.69
17 $6,458.44 $5,172.36 $104,813.32
18 $6,139.42 $5,491.38 $99,321.94
19 $5,800.72 $5,830.08 $93,491.86
20 $5,441.14 $6,189.67 $87,302.20
21 $5,059.37 $6,571.43 $80,730.77
22 $4,654.06 $6,976.74 $73,754.03
23 $4,223.75 $7,407.05 $66,346.97
24 $3,766.90 $7,863.90 $58,483.07
25 $3,281.87 $8,348.93 $50,134.14
26 $2,766.93 $8,863.87 $41,270.27
27 $2,220.22 $9,410.58 $31,859.69
28 $1,639.80 $9,991.00 $21,868.68
29 $1,023.57 $10,607.23 $11,261.46
30 $369.34 $11,261.46 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Reese, MI


1500 sqft3900 sqft
Ø selling price$165,165$351,351
Ø fast selling$150,150$316,216
Ø high price sale$180,180$386,487

In 2026, houses in Reese, MI will be offered at an average price of $91 per square foot. A 1,500 sqft home priced at $165,165 is 22.10% more expensive per square foot than a 3,900 sqft home priced at $351,351. Home prices in Reese, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $243,244. Sellers who can wait longer may achieve a higher price of up to $297,297.


Discover Reese, MI

Nestled in Michigan?s Thumb region, Reese, MI blends rural charm with convenient access to Saginaw, Bay City, and Frankenmuth.

This friendly village is known for deep agricultural roots, quiet neighborhoods, and welcoming local businesses.

Visitors and residents alike appreciate its small-town pace paired with easy drives to larger regional amenities.

Attractions and Things to Do

Around Reese, Michigan, you?ll find family parks, seasonal farm stands, and hometown eateries serving classic Midwestern comfort.
Proximity to Frankenmuth?s shops and festivals adds extra options for weekend fun, while nearby rivers and trails support year-round outdoor recreation.

Community calendars feature parades, ballgames, and school events that bring neighbors together.

Photographers love the open skies and golden fields at sunset, creating a signature Thumb?region backdrop.

Living in Reese

For daily life, Reese Public Schools and youth programs anchor the community, and housing remains comparatively affordable for first-time buyers.

Agribusiness, trades, and small enterprises shape the local economy, with commuters using M?81 to reach employers across the Great Lakes Bay Region.

Whether you?re planning a visit or a move, Reese, MI offers a relaxed pace, strong community spirit, and a convenient location that keeps you connected.



FAQ – Home Values in Reese

What is the median home value in Reese in 2026?

In 2026, the typical home value in Reese is about $161,660 for an average home size of 1783 square feet. This corresponds to an average price of roughly $91 per square foot.

What is the average cost per square foot in Reese?

In 2026, homes in Reese sell for an average of around $91 per square foot, with a typical range between $91 and $91 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Reese is about 1783 square feet, with an estimated 2026 value around $161,660.



Locations close to Reese, MI

Sebewaing, MI73 $ / ft²
Silverwood, MI133 $ / ft²
South Branch, MI100 $ / ft²
Prescott, MI78 $ / ft²
Pigeon, MI477 $ / ft²
Owendale, MI62 $ / ft²
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