Market Overview
Home Prices in Reeds Spring, MO
The median home value in Reeds Spring, MO is $290,666 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.8% compared to a year ago and down 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Reeds Spring are priced29% below average. Reeds Spring is part of the Branson, MO metro area.
Over the past five years, Reeds Spring home values have risen by approximately37.3%, reflecting strong long-term appreciation in this market.
Price History
Reeds Spring Home Price Trend
City Comparison
Reeds Spring vs. National Median
At $290,666, homes in Reeds Spring cost 29% below the national median of $410,000. This makes Reeds Spring a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Reeds Spring?
20% Down Payment
$58,133
on $290,666
Monthly P&I
$1,516/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,925/mo
incl. taxes & insurance
Income Needed
$77,000
gross annual (30% rule)
10% Down Option
$29,067
+ PMI applies
Loan Amount (20% dn)
$232,533
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 Reeds Spring, MO?
The median home value in Reeds Spring is $290,666 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.8% year-over-year.
How much have home prices changed in Reeds Spring?
Over the past year, home values in Reeds Spring have increased by 2.8%. Over five years, prices have risen approximately 37.3%.
How much do I need to earn to buy a home in Reeds Spring?
To comfortably afford the median home price of $290,666 with a 20% down payment ($58,133) at today's rates (6.8%), you'd need a gross annual income of approximately $77,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Reeds Spring compare to the national average home price?
The national median home value is approximately $410,000. At $290,666, homes in Reeds Spring are 29% below the national average.
What metro area is Reeds Spring part of?
Reeds Spring is part of the Branson, MO metropolitan area. Home prices and market conditions can vary across the broader metro region.