📍 Reeds, MO · Zillow ZHVI · July 2026

Average Home Price in
Reeds, MO

Joplin, MO metro area · Jasper County County

Median Home Value
$291,522
↓ 1.5% year-over-year
vs. National Median
$410,000
Reeds is 29% below
Est. Monthly Payment
$1,520/mo
20% down · 6.8% rate
Income Needed
$77K
gross annual (30% rule)
Median Home Value
$291,522
↓ 1.5% year-over-year

Down Payment (20%)$58,304
Monthly P&I$1,520/mo
With Taxes & Ins.~$1,930/mo
Income Needed$77,200/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Reeds, MO

The median home value in Reeds, MO is $291,522 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.5% compared to a year ago and up 1.9% from two years prior.

Compared to the U.S. national median of $410,000, homes in Reeds are priced29% below average. Reeds is part of the Joplin, MO metro area.

City Comparison

Reeds vs. National Median

🏠 Reeds
$291,522
National Median
$410,000

At $291,522, homes in Reeds cost 29% below the national median of $410,000. This makes Reeds a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Reeds?

20% Down Payment
$58,304
on $291,522
Monthly P&I
$1,520/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,930/mo
incl. taxes & insurance
Income Needed
$77,200
gross annual (30% rule)
10% Down Option
$29,152
+ PMI applies
Loan Amount (20% dn)
$233,218
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, MO?
The median home value in Reeds is $291,522 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.5% year-over-year.
How much have home prices changed in Reeds?
Over the past year, home values in Reeds have decreased by 1.5%.
How much do I need to earn to buy a home in Reeds?
To comfortably afford the median home price of $291,522 with a 20% down payment ($58,304) at today's rates (6.8%), you'd need a gross annual income of approximately $77,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Reeds compare to the national average home price?
The national median home value is approximately $410,000. At $291,522, homes in Reeds are 29% below the national average.
What metro area is Reeds part of?
Reeds is part of the Joplin, MO metropolitan area. Home prices and market conditions can vary across the broader metro region.