Is Reeds Spring, MO 65737 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Reeds Spring is a buyer’s market. With about 7.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score8/ 100

More competitive than 2% of U.S. ZIP codes, and #261 of 263 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply7.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.5%Sold price ÷ list price
Median days on market64Listing to accepted offer
Median price per sq ft$198▼ −1.2% vs. last year

The Reeds Spring housing market right now

In the three months ending August 31, 2026, 0% of homes in Reeds Spring, MO 65737 sold above their list price, the typical home went under contract in 64 days and there were 7.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 69 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (60 days then) and the median sale price rose 19% to $384,833. Overall, Reeds Spring is about as competitive as it was a year ago.

Within Stone County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Reeds Spring ranks #261 of 263 MO ZIP codes with enough sales (score 8 out of 100).

Nearby markets

Blue Eye 65611Balanced $189 /sq ftCape Fair 65624Buyer’s market $136 /sq ftCrane 65633Balanced $163 /sq ftGalena 65656Buyer’s market $210 /sq ft Browse all markets →

Where Reeds Spring is

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Questions about Reeds Spring real estate

Is Reeds Spring a buyer’s or seller’s market?

A buyer’s market: there were 7.4 months of supply in Reeds Spring, MO 65737 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Reeds Spring?

The typical home went under contract in 64 days in the latest three months.

Do homes in Reeds Spring sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.5% of the list price.

What are property taxes in Reeds Spring?

About 0.47% of a home’s value a year in Stone County, or roughly $1,880 on a $400,000 home.

What is the median home price in Reeds Spring?

The median sale price was $384,833 in the three months ending August 31, 2026, about $198 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology