Cedar
Solid value in a growing area
1 home for sale·Median $248K·Schools 4.7/10
—and what you find out here is land that remembers what it was meant for. The shoreline runs close enough that you can feel Lake Michigan's pull, even when you're inland among the trees and the older ranch homes set back on acreage. Most properties sprawl across two to ten acres, wooded and generous, with paved roads threading through and the kind of quiet that comes from actual distance, not from being policed into it. The listings speak for themselves: a cabin five miles back on a seasonal road, a two-acre spread with a covered deck facing nothing but your own property line, lake homes with a hundred-plus feet of frontage where the water's calm enough for waking up to loons.
Why people love it here
$64K median household income
- $248K median · 6 sales in last 12mo
Mortgage Calculator
Median home price in Cedar
Estimated Monthly Payment
$1,680/mo
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. This is not a commitment to lend or an offer of credit. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Lender. NMLS Consumer Access
6 homes sold in Cedar this year. Thinking of selling?
See what your home is worthBased on 3 rated schools nearby
Range: 3/10 to 6/10
School District: Reed City Area Public Schools
Most of Cedar is policed by the Osceola County Sheriff's Office. Across that jurisdiction in 2024, the most common reported offenses were larceny / theft (365 per 100,000 residents) and burglary (170 per 100,000 residents), per FBI Uniform Crime Reporting.
No homicides were reported in 2024.
| Offense type | Per 100k residents |
|---|---|
| Larceny / theft | 365 |
| Burglary | 170 |
| Aggravated assault | 123 |
| Rape | 77 |
| Motor-vehicle theft | 77 |
| Arson | 10 |
| Homicide | 0 |
| Robbery | 0 |
Reported offenses per 100,000 residents, Osceola County Sheriff's Office, FBI Uniform Crime Reporting (2024). Figures cover the Osceola County Sheriff's Office's full jurisdiction (the county's unincorporated areas), not Cedar alone. Crime is reported at the jurisdiction level and varies block to block within any community.
To buy a median-priced Cedar home (around $247,500) at today's 6.43% 30-year fixed rate with 20% down, you'd need roughly $38k/year in household income to qualify — an estimated monthly payment of $1,440 (principal, interest, property tax, and insurance).
The typical Cedar household earns $64,375 — above what the median home requires. At that income, a buyer can afford roughly $429,000 with 20% down.
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,440/mo | $38,400 |
| 10% (+PMI) | $1,688/mo | $45,017 |
| 5% (+PMI) | $1,771/mo | $47,225 |
Estimates use a 6.43% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price and median property taxes, plus estimated insurance and PMI below 20% down. Not an APR or a commitment to lend — your actual rate and payment will vary.
Land for sale
Listings
1 parcel
Active / pending
Typical Land Value
$8K/acre
Median asking
Median Price
$250K
Per listing
Who actually lends in Cedar, and how homes here are financed — from 2024 federal mortgage records.
Loans to buy a home
Most active lenders
Source: 2024 HMDA (CFPB/FFIEC). Neighborhood figures are area-weighted estimates from census-tract data; loan amounts are rounded and all-cash purchases are excluded.
Association and local-government details are compiled from public records, municipal sites, and state registries, and can change. Confirm directly with the association or municipality before relying on them.
Private well
Rural; municipal water only in Evart/Marion/Reed City
Septic - individual
Individual septic systems
Private hauler (resident-arranged)
Resident-arranged hauler
Consumers Energy / propane
Natural gas where available; otherwise propane
Confirm by addressHersey Township / Reed City area Fire Department
Hersey/Reed City-area fire coverage via mutual aid
Source: cms4files.revize.com
Utility, solar, and service details for Cedar are compiled from public records, municipal sites, and NREL / U.S. data.gov, and can change. Electric/gas can vary by address — confirm with the provider before relying on them.
Median Income
$64K
Home Value (Census)
$137K
Flood Risk
None
Not in flood zone
Nearest Park
Heritage Park
6.3 mi
Parks Nearby
0
within 1 mile
Frequently asked about Cedar
- What do homes cost in Cedar?
- The median home value in Cedar is about $247,500. Individual prices vary by street, size, and condition.
- How active is the Cedar housing market?
- there is 1 home for sale in Cedar right now, and 6 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Cedar?
- Cedar is served by Reed City Area Public Schools. Its highest-rated assigned school is Evart Middle School (6/10).
Top contributors in Cedar
Detailed statistics are being computed for this location. Demographics, home values, schools, flood risk, and more will appear here automatically.
