Is Rea, MO 64480 a buyer’s or seller’s market?
Rea is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Rea housing market right now
In the three months ending August 31, 2026, 100% of homes in Rea, MO 64480 sold above their list price. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (34 days then) and the median sale price rose 171% to $524,773. Overall, Rea is less competitive than a year ago, which gives buyers more room.
Within Andrew County, homes here sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Union Star 64494 (0% sold over asking) or Rosendale 64483 (0% sold over asking).
Run the numbers for 64480
Nearby markets
Amazonia 64421Buyer’s market $200 /sq ftBolckow 64427Seller’s market $197 /sq ftCosby 64436Seller’s market $142 /sq ftFillmore 64449 — /sq ft Browse all markets →Where Rea is
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Questions about Rea real estate
Do homes in Rea sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 95.6% of the list price.
What are property taxes in Rea?
About 0.73% of a home’s value a year in Andrew County, or roughly $2,920 on a $400,000 home.
What is the median home price in Rea?
The median sale price was $524,773 in the three months ending August 31, 2026, about $190 per square foot.
Local agents
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More tools for 64480
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology