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Reedsport

Learn about the people, housing, costs and businesses in Reedsport, Oregon

Median Home$265,921
Median Rent$816/month
Population4,122
Leading IndustriesFinance & Insurance · Construction · Professional Services9% finance & insurance
Home Value Growth+9.8% over 2 years
Retirees27% of residentsabove average nationally
Homeowners72% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
Reedsport
OR

Frequently Asked Questions

What are today's mortgage rates in Reedsport?

As of today, the 30-year fixed mortgage rate for Reedsport is approximately 6.936% (6.973% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Reedsport?

The median home value in Reedsport is $266k. The median monthly rent is $816. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Reedsport?

Home values in Reedsport have increased 9.8% over the past two years. This represents moderate growth. 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 Reedsport?

Based on a typical all-in ownership cost of $665/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Reedsport is $63k/year.

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What industries drive the economy in Reedsport?

The largest employment sectors in Reedsport are public administration (22%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.