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These days, finding an affordable place to live in the Reese area can be challenging. Home prices in Reese are now at a median cost of $223,290, lower than the Texas average of $322,096.
The average cost of rent is $645/mo in Reese, primarily driven by the current value of real estate in the Reese area. In Reese, 17.56% of households rent, and 63.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Reese is $5,504 per month. Households that rent pay about 11.72% of their income on rent here. Reese’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cuney, TX: equally priced homes
- Berryville, TX: less expensive homes
- Shadybrook, TX: higher priced homes
- Frankston, TX: less expensive homes
- Mount Selman, TX: less expensive homes
- Ironton, TX: equally priced homes
- Jacksonville, TX: less expensive homes
- Teaselville, TX: higher priced homes
- Bullard, TX: higher priced homes
- Coffee City, TX: equally priced homes
Cities with Similar Populations
- Red Hill, GA: less expensive homes
- Olivia, TX: higher priced homes
- Ono, KY: higher priced homes
- Opdyke West, TX: less expensive homes
- Opheim, IL: equally priced homes
- Ora, IN: less expensive homes
- Orangeville, TX: higher priced homes
- Osborne Creek, MS: less expensive homes
- Outlet, PA: higher priced homes
- Rainsville, IN: equally priced homes
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