Market Overview
Home Prices in Rea, MO
The median home value in Rea, MO is $325,698 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 11.4% compared to a year ago and up 12.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rea are priced21% below average. Rea is part of the St. Joseph, MO-KS metro area.
Over the past five years, Rea home values have risen by approximately70.0%, reflecting strong long-term appreciation in this market.
Price History
Rea Home Price Trend
2020
$159,383
$159K
—
2021
$191,632
$192K
+20.2%
2022
$215,741
$216K
+12.6%
2023
$242,087
$242K
+12.2%
2024
$259,267
$259K
+7.1%
2025
$292,473
$292K
+12.8%
2026
$325,698
$326K
+11.4%
City Comparison
Rea vs. National Median
🏠 Rea
$325,698
National Median
$410,000
At $325,698, homes in Rea cost 21% below the national median of $410,000. This makes Rea a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Rea?
20% Down Payment
$65,140
on $325,698
Monthly P&I
$1,699/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,158/mo
incl. taxes & insurance
Income Needed
$86,320
gross annual (30% rule)
10% Down Option
$32,570
+ PMI applies
Loan Amount (20% dn)
$260,558
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Rea, MO?
The median home value in Rea is $325,698 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 11.4% year-over-year.
How much have home prices changed in Rea?
Over the past year, home values in Rea have increased by 11.4%. Over five years, prices have risen approximately 70.0%.
How much do I need to earn to buy a home in Rea?
To comfortably afford the median home price of $325,698 with a 20% down payment ($65,140) at today's rates (6.8%), you'd need a gross annual income of approximately $86,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Rea compare to the national average home price?
The national median home value is approximately $410,000. At $325,698, homes in Rea are 21% below the national average.
What metro area is Rea part of?
Rea is part of the St. Joseph, MO-KS metropolitan area. Home prices and market conditions can vary across the broader metro region.