Home prices
The median home in Reese costs $115,700. In comparison to the surrounding areas it is roughly $24,720 (27%) higher.It is roughly $101,800 (46%) lower in comparison to the United States as a whole, and compared to the city of Detroit it is about $66,500 (135%) higher.
Rents
Reese's median rent is $641 a month. Compared to its nearby areas it is roughly $57 (8%) lower.It is roughly $421 (39%) lower compared to the entire nation, and is approximately $183 (22%) lower in comparison to the city of Detroit.
Nearby places
Vassar
Vassar is roughly 7 miles southeast from Reese. Real estate prices there are significantly less expensive. The median home in Vassar costs $85,500, which works out to $30,200 (35%) lower than Reese. Rent there is similar. Vassar's median rent is $636 a month, which is very similar to Reese.
Fairgrove
Fairgrove is approximately 7 miles northeast of Reese. Its housing prices are a lot less expensive. The cost of the median home in Fairgrove is $68,100, which works out to $47,600 (69%) lower than Reese. The rent there is a little more expensive. Fairgrove's median rent is $725 per month, which works out to $84 (11%) higher than Reese.
Frankenmuth
Frankenmuth is approximately 8 miles south from Reese. The real estate prices there are a lot more expensive. Frankenmuth's median home price is $190,700, which works out to $75,000 (39%) higher than Reese. Its rents are pretty similar. Frankenmuth's median rent is $672 per month, which comes out to $31 (4%) higher than Reese.
Buena Vista
Buena Vista is about 9 miles west from Reese. Real estate prices there are a lot less expensive. The median home in Buena Vista is valued at $39,500, which works out to $76,200 (192%) lower than Reese. Rents there are a little more expensive. The median rent in Buena Vista is $823 a month, which comes out to $182 (22%) higher than Reese.
Bridgeport
Bridgeport is roughly 9 miles southwest from Reese. Its real estate prices are significantly less expensive. The median home value in Bridgeport is $71,100, which comes out to $44,600 (62%) lower than Reese. Rent there is fairly similar. In Bridgeport the median rent is $634 a month, which works out to $7 (1%) lower than Reese.
