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Foreclosure Homes in Reed Point, MT

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12 Overland-trl-Reed-point-MT-59069
Fixer Upper
$189,000 List Price

Overland Trl
Reed Point, MT 59069

1 Bed | 1 Bath

Displaying 1 - 1 of 1
 

Home Value Estimator For Reed Point, MT

There are currently 84 real estate properties in Reed Point, MT, with a median automated valuation model (AVM) price of $421,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Reed Point, MT, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Reed Point, MT, is $450,093.00, with the most expensive house in Reed Point, MT, topping out at $1,189,100.00 and the cheapest home in Reed Point, MT, clocking in at $142,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Reed Point, MT!


Rent Prices In Reed Point, MT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Reed Point, MT, is on a rollercoaster ride. The average rent price in Reed Point, MT, is $1,665.00. Indeed, when looking to rent in Reed Point, MT, you can expect to pay as little as $1,040.00 or as much as $2,160.00, with the average rent median estimated to be $1,720.00. The good news is that finding an affordable and desirable property to rent in Reed Point, MT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Foreclosure Homes in Reed Point, MT

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Reed Point, MT area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Reed Point, MT and much more. Save thousands at closing with home foreclosure listings in Reed Point, MT — up to 75% off market value!


Top Reasons To Live In Reed Point, MT In 2021

Reed Point is located in Stillwater, Montana, with an estimated municipal population of 307 residents. All of the best foreclosed homes for sale in Reed Point are located in the following zip code areas on Foreclosure.com: 59069. The estimated population per square kilometer (.62 miles) in Reed Point is 213.


Cost Of Living In Reed Point, MT

So, about how much do homes cost in Reed Point? The most recent median value of resident-owned homes in Reed Point is 148,838. An estimated 77.5 percent of households in Reed Point own their homes, with an average family size of 3.32. The median household income in Reed Point is 32,589, with6.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Reed Point, the median commute time of resident workers (in minutes) is 38.6. And last, but certainly not least, are you looking for homes to rent in Reed Point? If so, the average rent price paid by renters in Reed Point is 865, according to recent statistics.


Diversity And Demographics In Reed Point, Montana

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Reed Point, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Reed Point is 39.7, split between 49.2 percent male versus 50.8 female. The percentage of residents who report being married in Reed Point is 56.3, with an average family size of 3.32.

The percentage of residents who report their race in Reed Point is as follows:

White 94.8%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 4.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1%
Other 0%

Looking for family-friendly neighborhoods in and/or near Reed Point? Or maybe you are searching for 55+ active adult communities in and/or near Reed Point?

The percentage of residents who report their age in Reed Point is as follows:

Under 10 13.3%
Aged 10-19 8.8%
20s 16%
30s 13.7%
40s 7.9%
50s 15%
60s 9.2%
70s 13%
80+ 3.3%

Best Schools In Reed Point, Montana

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Reed Point with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Reed Point.


Pros And Cons Of Living In Reed Point, Montana

How do you know that living in -- or moving to -- Reed Point is right where you need to be? Perhaps you grew up in Reed Point or already live nearby; therefore, the decision to buy a home in Reed Point is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Reed Point for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Reed Point:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Reed Point.


Reasons To Move To Reed Point, Montana, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Reed Point can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Reed Point, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Reed Point, MT

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