$375,000 House For Sale
4 bed, 2.0 bath, 2,042 sqft
The median home value in Reed is $374,300. Reed home values have gone up 5.2% over the past year and Zillow predicts they will rise 3.1% within the next year. The median price of homes currently listed in Reed is $299,000. The median rent price in Reed is $1,175, which is lower than the Portland median of $1,388.
Foreclosures will be a factor impacting home values in the next several years. In Reed 9.9 homes are foreclosed (per 10,000). This is greater than the Portland value of 4.0 and also greater than the national value of 4.4more
The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
Homes foreclosed (per 10,000)