Home Values

Reese Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Reese is 0.8%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Reese homeowners underwater on their mortgage is 24.9%, which is lower than Tuscola County at 31.9%.

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Relative ZHVI
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Reese Market Overview

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Reese Market Health

Data through Mar 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 24.9% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 0.8% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Frankenmuth $149,400
Hampton Township $116,700
Portsmouth Township $99,300
Name Median ZHVI
Bangor Township $95,500
Essexville $78,700
Bridgeport Township $76,100
Name Median ZHVI
Clio $69,200
Bay City $58,600
Saginaw $45,600

Listings & Sales

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Reese Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $816 Tuscola County
    $1,362 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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