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.
Price History
Reeds Home Price Trend
2022
$253,381
$253K
—
2023
$274,394
$274K
+8.3%
2024
$290,351
$290K
+5.8%
2025
$295,949
$296K
+1.9%
2026
$291,522
$292K
-1.5%
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.