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Reidsville

Learn about the people, housing, costs and businesses in Reidsville, North Carolina

Median Home$139,820
Median Rent$863/month
Population14,604
Leading IndustriesRetail · Wholesale Trade18% retail
Home Value Growth⬆⬆⬆+28.9% over 2 years
Retirees25% of residentsabove average nationally
Homeowners56% of occupied units
Reidsville
NC

Frequently Asked Questions

What are today's mortgage rates in Reidsville?

As of today, the 30-year fixed mortgage rate for Reidsville is approximately 6.954% (6.995% 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 Reidsville?

The median home value in Reidsville is $140k. The median monthly rent is $863. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Reidsville?

Home values in Reidsville have increased 28.9% 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 Reidsville?

Based on a typical all-in ownership cost of $778/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Reidsville is $49k/year.

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What industries drive the economy in Reidsville?

The largest employment sectors in Reidsville are public administration (24%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.