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Buying a home in Reddick, Florida

The typical owner-occupied home in Reddick is worth about $126,400, 65% below the Florida median of $359,000 and 62% below the national median of $332,700. Owners pay a median $1,086 a year in property taxes, about 0.86% of their home's value, higher than the Florida rate of 0.76%. 58% of occupied homes here are lived in by their owners, and 28% of those owners still have a mortgage.

Reddick at a glance

Reddick Florida U.S.
Median home value $126,400 $359,000 $332,700
Median property tax paid per year $1,086 $2,730 $3,119
Property tax as a share of value 0.86% 0.76% 0.94%
Median household income – $74,568 $80,734
Homes lived in by their owners 58% 68% 65%
Owner homes with a mortgage 28% 56% 61%
Median monthly costs, owners with a mortgage $892 $1,959 $1,963
Those costs as a share of the owners' income 27.3% 23.6% 21.0%
Median rent $767 $1,669 $1,413
Rent as a share of renters' income 37.0% 35.2% 30.6%
Median year homes were built 1983 1988 1980
Vacant homes 18.2% 14.7% 10.1%
Population 573 22,416,077 334,922,499

What a typical home costs per month in Reddick

At this week's average 30-year rate of 7.11%, buying the median Reddick home of $126,400 with 20% down costs about $823 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,034, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $35,292 for the 20%-down payment.

The median rent here is $767 a month, so owning the median home costs about $56 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$25,280
Loan amount$101,120
Principal and interest$680
Property taxes (0.86% a year)$91
Homeowners insurance (our estimate, 0.5% a year)$53
PMI$0
Total per month$823

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3.5% down, 30-year FHA loan
Down payment$4,424
Loan amount$124,111
Principal and interest$835
Property taxes (0.86% a year)$91
Homeowners insurance (our estimate, 0.5% a year)$53
FHA mortgage insurance$56
Total per month$1,034

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Questions about home buying in Reddick

What is the median home value in Reddick?

About $126,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Reddick?

Homeowners pay a median $1,086 a year, which is about 0.86% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Reddick?

For the median home with 20% down at 7.11%, the payment is about $823 a month. Keeping that under 28% of gross income takes about $35,292 a year.

More about Reddick

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data