65737, Reeds Spring, MO

Reeds Spring, Missouri is located in the 65737 zip code. The median home value in this zip code is $144,900. The home equity in this zip code is $87,000. This means that the average homeowner in this zip code has a net worth of $61,700.

The average home price in Reeds Spring has been increasing over the past few years. In 2017, the average home price was $149,500. In 2016, the average home price was $142,500. In 2015, the average home price was $137,000. This indicates that there has been an increase of about 10% in the past three years alone for homes in this zip code.

There are a number of factors that could be contributing to this increase in home prices including: an improving economy (more jobs and higher wages), low interest rates (which make borrowing money more affordable), and increased demand due to population growth and new development within the area.

Despite these positive trends, there are still some areas of concern for homeowners in Reeds Spring: rising mortgage rates (which can impact how much money homeowners can borrow to buy a house), increasing property taxes (which can add up over time), and potential market saturation (meaning that there may not be enough available homes for sale).