The housing market in Reeds Spring, MO is booming. The median value of houses is $215,800, which is significantly lower than the US House Median Value of $338,100. In the past year alone, house values have increased by 16.7%, nearly double the US 1 year House Appreciation rate of 8.27%. This significant growth in Reeds Spring demonstrates the strength and potential of the local housing market, making it a great destination for anyone looking to buy or invest in property.
The median home cost in Reeds Spring is $215,800. Home appreciation the last 10 years has been 92.0%. Home Appreciation in Reeds Spring is up 20.0%.
Average Age of Homes
- The median age of Reeds Spring real estate is 24 years old
The Rental Market in Reeds Spring
- Renters make up 37.0% of the Reeds Spring population
- 3.1% of houses and apartments in Reeds Spring, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.