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Reed City city, MI

ZIP 49677 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 49677

Median Home Value
$122,900
Median Rent
$559
Affordability Snapshot
$34,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$789/mo PITI).

11%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.1x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

18.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 49677 in Reed City city, MI, a household would need roughly $34,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $789. That sits below the local median household income ($58,829), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 19% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
78.0%+19% vs US avg
x
Vacancy Rate
19.1%+85% vs US avg
x
Broadband Access
82.3%-5% vs US avg
x
4+ Bedrooms
4.2%-72% vs US avg
x
Built Pre-1939
4.3%-66% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
16.8%-66% vs US avg
x
Mortgage-Free
54.0%+41% vs US avg
x
$122,900
Home Value
$559
Rent
1974
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached72.6%
  • 1-unit attached1.4%
  • 2-9 units6.2%
  • 10+ units2.4%
  • Mobile home & other17.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$122,900
Median rent$559
Owner-occupied78.0%
Vacant19.1%
Price-to-income2.1x
Est. income to buy$34,000