Reeds Spring, MO housing market
The typical Reeds Spring home is worth about $288,000, up 2.7% in a year, 8% above the Missouri typical home.
Home values, sales, trends and how Reeds Spring compares with the towns next door — updated as new data is published.
Reeds Spring at a glance
Typical home value, 2016–2026
Show as a table
| January | Reeds Spring | Missouri |
|---|---|---|
| 2017 | $137,000 | $148,000 |
| 2018 | $148,000 | $156,000 |
| 2019 | $158,000 | $165,000 |
| 2020 | $174,000 | $173,000 |
| 2021 | $194,000 | $193,000 |
| 2022 | $236,000 | $219,000 |
| 2023 | $267,000 | $237,000 |
| 2024 | $282,000 | $247,000 |
| 2025 | $281,000 | $258,000 |
| 2026 | $285,000 | $263,000 |
| August 2026 | $288,000 | $268,000 |
13 new homes permitted in 2025
Builders were permitted 13 new homes in Reeds Spring in 2025, all single-family houses, worth about $2.6 million to build. That's 12 per 1,000 residents, faster than across Missouri (3.7). Over the past 10 years, Reeds Spring has permitted 63 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Reeds Spring gained 223 residents while 8 new homes were permitted: about 28 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Missouri: 1.1 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 8 | 8 | 0 | $1.6 million |
| 2025 | 13 | 13 | 0 | $2.6 million |
| 2024 | 5 | 5 | 0 | $1 million |
| 2023 | 2 | 2 | 0 | $375,000 |
| 2022 | 8 | 8 | 0 | $2.2 million |
| 2021 | 35 | 35 | 0 | $8.6 million |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 5 | 5 | 0 | $500,000 |
| 2010 | 3 | 3 | 0 | $481,000 |
| 2009 | 8 | 8 | 0 | $1.3 million |
| 2008 | 6 | 6 | 0 | $967,000 |
| 2007 | 27 | 27 | 0 | $3.5 million |
| 2006 | 36 | 36 | 0 | $4.7 million |
| 2005 | 17 | 13 | 4 | $1.8 million |
| 2004 | 13 | 13 | 0 | $1.4 million |
| 2003 | 23 | 19 | 4 | $2 million |
| 2002 | 14 | 6 | 8 | $670,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
5.1 years of income
The typical Reeds Spring home costs about 5.1 years of the town's median household income, more than across Missouri (3.8 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $910
HUD's Fair Market Rent for a two-bedroom in Reeds Spring is $910 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Reeds Spring pay a median of $872. A two-bedroom takes about 19% of the town's median household income.
Studio $720 · 4 bedrooms $1,500
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (65737; Springfield, MO HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.