Recently Sold Homes in Reed, Portland

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Reed Real Estate Insights

Reed is located in Portland, Oregon.

Reed has an especially low crime rate, according to public data, making it a very safe place. This place is served by an impressive variety of public transportation services, making it easy to get to work without the hassle of driving. People purchasing new homes here are getting more than just a piece of property; you'll also be joining a community where walking is a popular way to get to work.

The number of owner-occupied houses is low in Reed making it a great place to buy rental places. Married couples may find themselves struggling to find double dates, since this neighborhood is home to many bachelors and single ladies.

In Reed, the average listing price dropped slightly to $468,350 this year from a previous $482,250 seen last year. Concurrently, inventory remarkably rose year-over-year by a whopping 100 percent, from 2 to 4 for-sale listings. Individuals and families looking to move to this area have a much wider variety of options when it comes time to narrow search criteria and ultimately decide on a dream home. A number of homes in this location come with authentic fireplaces which provide added warmth during winter months.