Reed City City Zone 1 Area
Solid value in a growing area
1 home for sale·Median $163K·Walkability 0.5/10·Schools 6.0/10
You're living right in the heart of things out here—steps from restaurants and a two-minute walk to coffee, with the Rails to Trails running nearby and an unnamed park sitting right adjacent. Lake Michigan is just about a mile away, so the water's closer than you might expect for a neighborhood this centered. Downtown is genuinely walkable, and most of what you need is already here.
Why people love it here
$163K median
- 3 sales in last 12mo
Conventional Mortgage Calculator
Median home price in Reed City City Zone 1 Area
Estimated Monthly Payment
$1,107/mo
Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.
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. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Opportunity. NMLS Consumer Access. Not a commitment to lend. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.
3 homes sold in Reed City City Zone 1 Area this year. Thinking of selling?
See what your home is worthBased on 3 rated schools nearby
Range: 5/10 to 7/10
School District: Reed City Area Public Schools
Walkability
Car-dependent
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Lake No Sho Mo
Crime in Reed City City Zone 1 Area is reported at the city level, not the neighborhood level. The FBI doesn't publish reliable crime rates for individual neighborhoods, and within any community crime varies street to street. For an accurate, comparable picture, see the jurisdiction-wide figures for Osceola County.
Osceola County crime & safety stats →To buy a median-priced Reed City City Zone 1 Area home (around $163,000) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $29k/year in household income to qualify — an estimated monthly payment of $1,084 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,084/mo | $28,911 |
| 10% (+PMI) | $1,248/mo | $33,285 |
| 5% (+PMI) | $1,303/mo | $34,748 |
Estimates use a 6.49% 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, plus estimated insurance and PMI below 20% down. Not a commitment to lend, and not an APR — your actual rate and payment will vary.
Solar potential
~$890/yr in electricity from a typical rooftop solar system
Produces ~6,229 kWh/yr · offsets ~59% of a typical home's use
Utility, solar, and service details for Reed City City Zone 1 Area 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.
Flood Risk
None
Not in flood zone
Nearest Park
Westerburg Park
0.3 mi
Parks Nearby
10
within 1 mile
🍕 Restaurants(6)
Restaurant
Restaurant
Restaurant
H&D Chuckwagon
Restaurant
+1 more within 5 miles
☕ Coffee(1)
The Bridge Coffee Shop
Café
🍺 Bars(1)
🚴 Trails(4)
Bike Path
Bike Path
Unnamed bike_path
Bike Path
Pere Marquette State Trail
Bike Path
+1 more within 5 miles
⚡ EV Charging(1)
Unnamed ev_charging
EV Charging
Frequently asked about Reed City City Zone 1 Area
- What do homes cost in Reed City City Zone 1 Area?
- The median home value in Reed City City Zone 1 Area is about $163,000. Individual prices vary by street, size, and condition.
- How active is the Reed City City Zone 1 Area housing market?
- there is 1 home for sale in Reed City City Zone 1 Area right now, and 3 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Reed City City Zone 1 Area?
- Reed City City Zone 1 Area is served by Reed City Area Public Schools. Its highest-rated assigned school is GT Norman Elementary School (7/10).
- Is Reed City City Zone 1 Area walkable?
- Reed City City Zone 1 Area scores 0.5/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.
Top contributors in Reed City City Zone 1 Area
Detailed statistics are being computed for this location. Demographics, home values, schools, flood risk, and more will appear here automatically.