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Reeds Spring R-IV

Learn about the people, housing, costs and businesses in Reeds Spring R-IV, Missouri

Median Home$258,631
Median Rent$1,330/month
Population26,525
Leading IndustriesProfessional Services · Education2% professional services
Home Value Growth⬆⬆⬆+22.7% over 2 years
Retirees29% of residentstop 4% nationally
Homeowners82% of occupied units
NotableVeteran Community9% of residents · top 15% nationally
Reeds Spring R-IV
MO

Explore Reeds Spring R-IV

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Reeds Spring R-IV?

As of today, the 30-year fixed mortgage rate for Reeds Spring R-IV is approximately 6.923% (6.960% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Reeds Spring R-IV
What is the median home price in Reeds Spring R-IV?

The median home value in Reeds Spring R-IV is $259k. The median monthly rent is $1,330. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Reeds Spring R-IV?

Home values in Reeds Spring R-IV have increased 22.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Reeds Spring R-IV?

Based on a typical all-in ownership cost of $1,084/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Reeds Spring R-IV is $71k/year.

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What industries drive the economy in Reeds Spring R-IV?

The largest employment sectors in Reeds Spring R-IV are public administration (23%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.