Reed, Portland Real Estate & Homes For Sale

5 homes

Real Estate & Homes For Sale Near Reed, Portland, OR

We found 30 more homes matching your filters just outside Reed

Reed, Portland, OR Real Estate Trends

Learn about the Reed, Portland, OR housing market through trends and averages.

Affordability of Living in Reed, Portland, OR

The median home value is $616,906
MonthMedian home value
November 2025$605k
December 2025$608k
January 2026$610k
February 2026$611k
March 2026$610k
April 2026$606k
May 2026$603k
June 2026$602k
July 2026$604k
August 2026$609k
September 2026$613k
October 2026$617k
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Trends and affordability stats are provided by third party data sources.

Average Home Value in Reed, Portland, OR, by Home Size

Home SizeHome Value*
2 bedrooms (See homes)$474,663
3 bedrooms (See homes)$618,520
4 bedrooms (See homes)$712,851
*Home value over the past month

Explore the Neighborhood

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Neighborhood stats provided by third party data sources.

What Locals Say about Reed

  • Trulia User
    Reed, Portland
    "My commute is fairly easy and direct when it comes to being able to get around to the places that occur on a daily basis and I would like prices that are sustainable and require very little complication to be accepted into considering that I have an excellent credit rating. I am looking for options, and price and availability to meet my needs without a lot of complications. "
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  • Trulia User
    Reed, Portland
    "Suburbs of Portland. Clean and green. Great for those who want to avoid city noises, be close to decent restaurants and friendly neighbors. "
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  • Rdmcq
    Reed, Portland
    "Next door to beautiful wildlife area and lectures, concerts at Reed College. Lots of trees. Quiet. Near Woodstock Community restaurants and grocery and Trader Joes."
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  • Holly J.
    Reed, Portland
    "Friendly, active, diverse neighborhood. Lived here 16 years, and knew neighbors by name, helped each other. Easy Trimet, walking, biking, no car needed. Families, dogs, and fun Reed college events and kids."
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  • Aaron M.
    Reed, Portland
    "This neighborhood is great because it's close to everything in Portland. It is walking distance to grocery stores, restaurants, pubs,..., but it's quiet. It doesn't have cars all over the street like the other near by neighborhoods. This is also the newest, 70 years old, neighborhood in Portland proper. This may not mean much to some, but it's good because these homes were built after there were building codes, but before everything was prefab."
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Learn more about Reed

See information on schools, amenities and more.See Reed Insights

Browse Reed, Portland, OR homes by type

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. This content last updated on 2026-11-12 18:14:07 PST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.