Home prices
Reeds Spring's median home price is $125,000. In comparison to its nearby areas this is approximately $20,640 (14%) lower.In comparison to the US as a whole it is approximately $92,500 (42%) lower, and in comparison to the city of Springfield it is about $6,900 (5%) higher.
Rents
Reeds Spring's median rent is $846 a month. This is roughly $166 (24%) higher compared to the surrounding areas.In comparison to the entire country it is roughly $216 (20%) lower, and it is roughly $102 (13%) higher in comparison to the city of Springfield.
Nearby places
Branson West
Branson West is Reeds Spring's neighbor to the south. The real estate prices there are a bit more expensive. Branson West's median home price is $155,900, which works out to $30,900 (19%) higher than Reeds Spring. The rent there is fairly similar. In Branson West the median rent is $815 a month, which comes out to $31 (3%) lower than Reeds Spring.
Galena
Galena is about 6 miles northwest from Reeds Spring. Its housing prices are a lot less expensive. The median home in Galena costs $94,600, which comes out to $30,400 (32%) lower than Reeds Spring. Its rents are somewhat less expensive. The median monthly rent in Galena is $663, which comes out to $183 (27%) lower than Reeds Spring.
McCord Bend
McCord Bend is about 6 miles northwest from Reeds Spring. The housing prices there are significantly less expensive. The median home in McCord Bend costs $35,400, which comes out to $89,600 (253%) lower than Reeds Spring. Its rents are substantially less expensive. In McCord Bend the median rent is $629 per month, which is $217 (34%) lower than Reeds Spring.
Indian Point
Indian Point is about 7 miles south of Reeds Spring. Housing prices there are a lot more expensive. The median home in Indian Point costs $284,100, which comes out to $159,100 (56%) higher than Reeds Spring. The rent there is somewhat less expensive. In Indian Point the median monthly rent is $750, which is $96 (12%) lower than Reeds Spring.
Kimberling City
Kimberling City is roughly 7 miles south from Reeds Spring. Real estate prices there are a bit more expensive. Kimberling City's median home cost is $158,200, which is $33,200 (20%) higher than Reeds Spring. Rent there is substantially less expensive. In Kimberling City the median monthly rent is $542, which works out to $304 (56%) lower than Reeds Spring.