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Real estate in Portland’s Reed neighborhood.

Compare top Reed real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for July 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Reed real estate Market Report.

Information and statistics on the latest trends in the Reed real estate market. *

Latest Rolling 3-Month Snapshot

Mar 1, 2026 - May 31, 2026

Median sale price
$527K
-5% from Q1 '26
Median list price
$644K
+32% from Q1 '26
Active listings
19
+5.6% from Q1 '26
Homes sold
8
+14% from Q1 '26
New pendings
12
+33% from Q1 '26
New listings
11
+83% from Q1 '26

Quarterly Pricing Trends for Reed

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Reed Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $538K Median sale price in Jul 2021 - Sep 2021: $615K Median sale price in Oct 2021 - Dec 2021: $665K Median sale price in Jan 2022 - Mar 2022: $603K Median sale price in Apr 2022 - Jun 2022: $692K Median sale price in Jul 2022 - Sep 2022: $785K Median sale price in Oct 2022 - Dec 2022: $575K Median sale price in Jan 2023 - Mar 2023: $533K Median sale price in Apr 2023 - Jun 2023: $685K Median sale price in Jul 2023 - Sep 2023: $555K Median sale price in Oct 2023 - Dec 2023: $540K Median sale price in Jan 2024 - Mar 2024: $535K Median sale price in Apr 2024 - Jun 2024: $599K Median sale price in Jul 2024 - Sep 2024: $600K Median sale price in Oct 2024 - Dec 2024: $650K Median sale price in Jan 2025 - Mar 2025: $638K Median sale price in Apr 2025 - Jun 2025: $691K Median sale price in Jul 2025 - Sep 2025: $580K Median sale price in Oct 2025 - Dec 2025: $680K Median sale price in Jan 2026 - Mar 2026: $555K Median list price in Apr 2021 - Jun 2021: $600K Median list price in Jul 2021 - Sep 2021: $597K Median list price in Oct 2021 - Dec 2021: $674K Median list price in Jan 2022 - Mar 2022: $722K Median list price in Apr 2022 - Jun 2022: $600K Median list price in Jul 2022 - Sep 2022: $589K Median list price in Oct 2022 - Dec 2022: $700K Median list price in Jan 2023 - Mar 2023: $709K Median list price in Apr 2023 - Jun 2023: $623K Median list price in Jul 2023 - Sep 2023: $487K Median list price in Oct 2023 - Dec 2023: $550K Median list price in Jan 2024 - Mar 2024: $595K Median list price in Apr 2024 - Jun 2024: $560K Median list price in Jul 2024 - Sep 2024: $832K Median list price in Oct 2024 - Dec 2024: $650K Median list price in Jan 2025 - Mar 2025: $625K Median list price in Apr 2025 - Jun 2025: $572K Median list price in Jul 2025 - Sep 2025: $588K Median list price in Oct 2025 - Dec 2025: $657K Median list price in Jan 2026 - Mar 2026: $490K Apr 2021 - Jun 2021 Median sale price $538K Median list price $600K Jul 2021 - Sep 2021 Median sale price $615K Median list price $597K Oct 2021 - Dec 2021 Median sale price $665K Median list price $674K Jan 2022 - Mar 2022 Median sale price $603K Median list price $722K Apr 2022 - Jun 2022 Median sale price $692K Median list price $600K Jul 2022 - Sep 2022 Median sale price $785K Median list price $589K Oct 2022 - Dec 2022 Median sale price $575K Median list price $700K Jan 2023 - Mar 2023 Median sale price $533K Median list price $709K Apr 2023 - Jun 2023 Median sale price $685K Median list price $623K Jul 2023 - Sep 2023 Median sale price $555K Median list price $487K Oct 2023 - Dec 2023 Median sale price $540K Median list price $550K Jan 2024 - Mar 2024 Median sale price $535K Median list price $595K Apr 2024 - Jun 2024 Median sale price $599K Median list price $560K Jul 2024 - Sep 2024 Median sale price $600K Median list price $832K Oct 2024 - Dec 2024 Median sale price $650K Median list price $650K Jan 2025 - Mar 2025 Median sale price $638K Median list price $625K Apr 2025 - Jun 2025 Median sale price $691K Median list price $572K Jul 2025 - Sep 2025 Median sale price $580K Median list price $588K Oct 2025 - Dec 2025 Median sale price $680K Median list price $657K Jan 2026 - Mar 2026 Median sale price $555K Median list price $490K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
16
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).

Year-over-year, Reed’s rolling three-month numbers show softer prices but a busier sales pace. The typical home value is down about a quarter from a year ago, yet homes sold have more than doubled and pending sales are up over 50 percent, pointing to renewed buyer activity even as values reset.

In the latest period ending May 2026, the typical home value sits around $527,000 while the median list price is higher at about $644,000, suggesting sellers still have some pricing power. Inventory is relatively lean with 19 active listings and about 2.8 months of supply, and Reed is classified as a seller’s market despite the price pullback.

Momentum has clearly shifted from last year’s rapid, above-ask sales toward a more measured pace, with the median days on market now 44 days and only about 12 percent of homes selling above list. Even so, nearly half of listings go off the market within two weeks and the average sale-to-list ratio hovers just above 100 percent, showing that well-priced homes still draw solid offers. Compared with the wider Portland market, Reed’s home values are roughly in line while supply runs a bit tighter at 2.8 versus 3.1 months, and Agent Pronto can connect both buyers and sellers with an agent who understands these dynamics.



Learn more about what Reed has to offer.

Reed offers residents a tight-knit, walkable community with charming historic homes, inviting green spaces, and a lively mix of local shops and cafés that foster daily connection and convenience.

Reed in Portland offers a practical mix of quiet residential streets, walkable amenities, and easy connectivity. Centered around the leafy Reed College campus, the neighborhood blends student energy with long‑time residents, making it appealing to first‑time buyers, downsizers, and growing households alike.

Daily life here is straightforward. Woodstock Boulevard and SE 28th provide quick access to groceries, local services, and cafes, while nearby Eastmoreland and Woodstock expand your dining and shopping choices. The Crystal Springs Rhododendron Garden and Eastmoreland Golf Course sit just south of Reed, offering scenic green space and recreation close to home.

Commuters appreciate direct routes into central Portland via SE Cesar Chavez Boulevard and multiple TriMet bus lines. Families and faculty value quick access to schools like Cleveland High School and community resources including the Woodstock Library. Weekend routines often revolve around neighborhood coffee spots, Reed College events, and the nearby Sellwood-Moreland and Hosford-Abernethy districts.

Whether you are weighing walkability, school options, or commute times, a local agent who knows Reed block by block can clarify tradeoffs and timing. Agent Pronto connects you with that kind of neighborhood expertise so both buyers and sellers can move through the Reed market with more confidence and less stress.

Find your Reed real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Selling your home can be so stressful, so much you don't know or understand about the process. Thankfully, I chose Julie Ann as my realtor! Every time I didn't understand what was going on or coming next in the process, Julie Ann explained everything in a clear, concise way. Her calm, kind demeanor always put me at ease, reassuring me it would all be okay, and it was!”

Lisa Raymer · Oak Grove, OR

Photo of Julie Ann Smith
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“I first met Josh about 5–6 years ago at an open house he was hosting, and we stayed in contact over the years even after my move to Florida and turning the property into a rental. From the very beginning, Josh was friendly, helpful, professional, and easy to work with. When it came time to sell, he helped me move quickly, communicated clearly and often, and kept me updated throughout the entire process. Most importantly, he helped me achieve all of my goals for the sale. I highly recommend Josh to anyone looking for a knowledgeable, reliable, and professional realtor!”

Scott Bannan · Portland, OR

Photo of Josh Kaplan
Soldera Properties, Inc.
“Gary was referred to me by family that has used him in many home purchases and he was great to work with. He had excellent knowledge of the area is was looking to buy in and we found something right away. This was my first time buying and Gary made the whole process super easy. He was always available to me anytime I need him or if I had a question about something. I would highly recommend Gary to anyone that's looking for to buy. Gary you are awesome thank you again.”

Jesse · Oregon City, OR

Photo of Gary Musgrove
Berkshire Hathaway Home Services Northwest Real Estate
“She was very patient and explained everything to me. she simplified the process for me and never showed impatience with me. Even after the deal was closed and funded she was still available for questions. Thank you, Jordan.”

Virginia Grace · Oregon City, OR

Photo of Jordan  McAllister
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“Gabriela was wonderful to work with from start to finish. She is extremely knowledgeable, organized, timely, and helpful. As a first time homebuyer, she made the process less daunting and was there for me every step of the way. I will be working with Gabriela for all my future real estate needs!”

Jake Dvorak · Portland, OR

Photo of Realtor Gabriela Kandziora
Premiere Property Group
“Valerie was a perfect fit for my daughter and I. She listened carefully to our request and found a house that was just right. She helped all the way through the closing process while I was in the hospital and has also been a tremendous resource for us with our many questions.”

Normandie R. H. · Beaverton, OR

Photo of Valerie Hammack
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“Very professional,great local knowledge and has her clients best interests in mind.”

Glen Gay · Happy Valley, OR

Photo of Lizbeth Abbott
Tree City Real Estate PC
“Working with Tony was an outstanding experience from start to finish. He is professional, knowledgeable, responsive, and truly goes above and beyond for his clients. Tony has a deep understanding of the market, strong negotiation skills, and an impressive ability to anticipate issues before they become problems. Throughout the entire process, he communicated clearly, stayed on top of every detail, and always had my best interests in mind. His guidance made what could have been a stressful transaction smooth, efficient, and successful. If you are looking for a real estate agent who is honest, hardworking, and genuinely committed to delivering results, Tony is the one. I would absolutely work with him again and recommend him without hesitation to anyone buying or selling real estate.”

Ray A · Portland, OR

Photo of Tony Abedini
All Professionals Real Estate
“Lindsey played a pivotal role in our recent sale of a downtown condo in Vancouver, Wa and purchase of a senior living home in King City. Her patience and extensive knowledge guided us through this somewhat intrusive transition. Living in Tigard, Oregon, has made our lives much easier and more fulfilling. Thank you, Lindsey. We couldn’t have done it without you.”

Bobbi Lopez · King City, OR

Photo of Lindsay Fiarito
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“Brooklyn Morgan went above and beyond with getting me into a great house. She was an awesome help , especially when there was something I didn't understand , she explained it so I did understand. She worked extremely hard to get us into the house we were looking for. She looked out for us as the buyer. I was super lucky to get her as real estate broker. She is literally constantly working for her clients.. I highly recommend other clients go with Brooklyn Morgan..”

Daniel Mottweiler · Gresham, OR

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“Rebeccah Lee is wonderful to work with.She is very knowledgeable,and personable.The properties were all top notch that we looked at . Thanks again Beccah Lee!!!!!!!!”

Keith Tubbs · Vancouver, WA

Photo of Beccah Lee
Portland Works Real Estate
“Chuck was fantastic!!!! He helped me and my wife through all of the "sometimes stressful" process of buying a home. While I never met Chuck in person, he made me feel like he was right there the whole time always getting the info we needed in a very timely way. I would highly recommend him to anyone who wishes to purchase a home. I have bought and sold a few homes in my life, and I feel that I could trust Chuck at all times. ”

David T. · Cave Junction, OR

Photo of Chuck Wetherald
Worthland Real Estate

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Reed. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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