How much does it cost to buy a house in Reed Portland, OR?

In September 2026 Reed homes were listed to buy for a median price of $349K, which is a 27% decrease to August 2025 last month, and a 26% decrease to September 2025 last year. The median value of a home listed to buy in Reed in September 2026 was $364 per sqft, which is a 11% decrease to August 2025 last month, and a 11% decrease to September 2025 last year.

Is it affordable or expensive to live in Reed Portland, OR?

It is affordable to live in Reed. Buying a home in Reed is 1% less expensive compared with the national average.

Is it a good time to buy property in Reed Portland, OR?

Yes now is a good time to buy property in Reed, in September 2026, homes in Reed have decreased in value (price per sqft) by 11% in the last year compared with September 2025.

Is the Reed Portland, OR housing market slowing down?

In September 2026, homes to buy in Reed spent an median 104 days on the market, a same September 2025 last year.

What are the best and safest places to live in Reed Portland, OR?

The best and safest neighborhoods to live in Reed in September 2026 are Healy Heights, Alameda, Eastmoreland, Irvington, Northwest Heights, Arlington Heights, Laurelhurst, Southwest Hills, Hillsdale, Multnomah Village, South Portland, Fairway Village Golf Course, Woodstock, Sunnyside, Vose, Downtown Portland, Northwest District, Brooklyn, Goose Hollow, Hayden Island

How much money should I make to buy a house in Reed Portland, OR?

In September 2026, Reed homes were listed to buy for a median price of $349K, with 25% down you would need $1.98K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $68.1K.

Is it a good time to sell my house in Reed Portland, OR?

Yes now is a good time to sell your house in Reed, in September 2026, homes in Reed have decreased in value (price per sqft) by 11% in the last year compared with September 2025.

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Schools

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Reed Real Estate Snapshot

List Price

$349,900

$/Sqft

$364

Homes For Sale

Home Size

932 Sqft

Days on Movoto

104

Frequently Asked Questions about Reed Portland, OR

The Movoto Advantage

Movoto gives you access to the most up-to-the-minute open houses, live stream and virtual 3D tour information in Reed. As a licensed brokerage in Oregon (and across the United States), Movoto has access to the latest real estate data including Reed Homes for Sale, Reed Single family for Sale, Reed Townhomes/Condos for Sale, Reed New Listings for Sale, Reed Recently Sold Homes.

Real Estate & Homes For Sale Nearby Reed Portland, OR

Counties

Homes for sale in Clark County
Homes for sale in Clackamas County
Homes for sale in Washington County
Homes for sale in Multnomah County