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Reedy

Learn about the people, housing, costs and businesses in Reedy, West Virginia

Median Home$122,900
Median Rent$577/month
Population148
Leading IndustriesEducation · Arts, Food & Hospitality · Finance & Insurance3% education
Home Value Growth⬆⬆⬆+44.5% over 2 years
Retirees23% of residentsslightly above average
Homeowners92% of occupied units
NotableTransit81/100 · excellent transit access
NotableHighly Educated26% hold a bachelor's degree · top 16% nationally
Reedy
WV

Frequently Asked Questions

What are today's mortgage rates in Reedy?

As of today, the 30-year fixed mortgage rate for Reedy is approximately 6.829% (6.863% 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 Reedy?

The median home value in Reedy is $123k. The median monthly rent is $577. Annual property taxes average $479. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Reedy?

Home values in Reedy have increased 44.5% 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 Reedy?

Based on a typical all-in ownership cost of $407/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $17k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Reedy is $44k/year.

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What industries drive the economy in Reedy?

The largest employment sectors in Reedy are public administration (22%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.