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Reed Homes for Sale

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  • /14

    $349,900

    New Construction
    • 2 Beds
    • 2.5 Baths
    • 880 Sq Ft

    5187 SE 28th Ave, Portland, OR 97202

    Welcome to polished new construction in Portland’s Reed neighborhood, where my 88 Bike Score and close proximity to Reed College create a compelling combination of daily convenience, lifestyle appeal, and investment potential. Restaurants, parks, neighborhood essentials, and Crystal Springs Rhododendron Garden are all nearby, while Woodstock, Brooklyn, and Westmoreland expand the options for

    Darryl Bodle Keller Williams Realty Portland Premiere

    5187 SE 28th Ave, Portland, OR 97202
  • /48

    $759,000

    • 4 Beds
    • 2 Baths
    • 2,304 Sq Ft

    3704 SE Raymond St, Portland, OR 97202

    A beautifully reimagined home in Portland’s desirable Reed neighborhood! Completely remodeled from top to bottom, this 4- bedroom, 2-bath home blends modern finishes with comfortable, functional living. Step inside to a bright and inviting floor plan featuring a stunning updated kitchen, beautifully renovated bathrooms, fresh finishes, and thoughtful details throughout. The finished lower level

    Cynthia Fneish Weichert, Realtors on Main Street

    3704 SE Raymond St, Portland, OR 97202
  • /15

    $309,900

    New Construction $60K PRICE DROP
    • 2 Beds
    • 2.5 Baths
    • 878 Sq Ft

    5177 SE 28th Ave Unit 5, Portland, OR 97202

    Welcome to polished new construction in Portland’s Reed neighborhood, where my 88 Bike Score and close proximity to Reed College create a compelling combination of daily convenience, lifestyle appeal, and investment potential. Restaurants, parks, neighborhood essentials, and Crystal Springs Rhododendron Garden are all nearby, while Woodstock, Brooklyn, and Westmoreland expand the options for

    Darryl Bodle Keller Williams Realty Portland Premiere

    5177 SE 28th Ave Unit 5, Portland, OR 97202
  • /37

    $625,000

    • 4 Beds
    • 2 Baths
    • 2,028 Sq Ft

    5122 SE 36th Place, Portland, OR 97202

    Step into a beautifully updated Mid-Century Modern home where classic architecture meets thoughtful, era-appropriate updates. Featuring 2,026 square feet with 3 bedrooms and 2.5 bathrooms, plus the opportunity for a 4th bedroom in the basement, this home has been refreshed with finishes and details that complement the original character rather than compete with it. Tucked away in the quiet

    Rick Arkell Coldwell Banker Bain

    5122 SE 36th Place, Portland, OR 97202
  • /25

    $334,900

    New Construction $45K PRICE DROP
    • 2 Beds
    • 2.5 Baths
    • 932 Sq Ft

    5169 SE 28th Ave Unit 1, Portland, OR 97202

    Welcome to polished new construction in Portland’s Reed neighborhood, where my 88 Bike Score and close proximity to Reed College create a compelling combination of daily convenience, lifestyle appeal, and investment potential. Restaurants, parks, neighborhood essentials, and Crystal Springs Rhododendron Garden are all nearby, while Woodstock, Brooklyn, and Westmoreland expand the options for

    Darryl Bodle Keller Williams Realty Portland Premiere

    5169 SE 28th Ave Unit 1, Portland, OR 97202
  • /48

    $1,200,000

    • 2 Beds
    • 3 Baths
    • 3,155 Sq Ft

    3700 SE Ellis St, Portland, OR 97202

    Offered for the first time, this remarkable Mid-Century Modern estate is nestled at the end of a quiet private road on 1.69 acres. This one-of-a-kind urban oasis offers mesmerizing views across the estate toward Reed College and a serene spring-fed pond set within a quiet natural setting with a chorus of birds. Perfectly located right in the middle of Southeast Portland, close proximity to

    Brandi Erskine MORE Realty

    3700 SE Ellis St, Portland, OR 97202
  • /48

    $699,000

    $126K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,576 Sq Ft

    3407 SE Steele St, Portland, OR 97202

    Welcome to this stunning 1957 Mid-Century Modern home offering 2,567 square feet of timeless design and flexible living space in the heart of Southeast Portland in the Reed College neighborhood. Featuring 4 bedrooms and 3 full bathrooms, this architectural classic blends iconic mid-century character with modern functionality.Enjoy easy main-floor living with spacious gathering areas, comfortable

    Aaron Heard Keller Williams PDX Central

    3407 SE Steele St, Portland, OR 97202
  • /17

    $319,900

    New Construction $55K PRICE DROP
    • 2 Beds
    • 2.5 Baths
    • 880 Sq Ft

    5179 SE 28th Ave Unit 6, Portland, OR 97202

    Welcome to polished new construction in Portland’s Reed neighborhood, where my 88 Bike Score and close proximity to Reed College create a compelling combination of daily convenience, lifestyle appeal, and investment potential. Restaurants, parks, neighborhood essentials, and Crystal Springs Rhododendron Garden are all nearby, while Woodstock, Brooklyn, and Westmoreland expand the options for

    Darryl Bodle Keller Williams Realty Portland Premiere

    5179 SE 28th Ave Unit 6, Portland, OR 97202

Why Live in Reed

Reed, the smallest neighborhood in Southeast Portland, is primarily known for Reed College, which occupies much of its 439 acres. The college's century-old, East Coast-style brick buildings and public-access lake with surrounding trails provide a park-like setting for residents. The neighborhood features a mix of quintessential old Portland bungalows, mid-century ranch-style homes, and newer farmhouses. Despite its proximity to Downtown Portland, less than 4 miles away, Reed maintains a residential feel with mature tree-lined streets and limited commercial activity. Local highlights include Heretic Coffee Co., Gigantic Brewing, and food carts like Breaking Buns. For more dining options, residents often venture to nearby South East Powell Boulevard and South East Woodstock Boulevard. Reed offers access to highly rated schools, including Hosford Middle and Cleveland High, known for their dual language programs. The proximity of Reed College means that residents can attend a regular calendar of campus lectures, musical performances, and athletic events. Off-campus, residents enjoy venues like the Clinton Street Theater, Aladdin Theater, and Oaks Amusement Park. Grocery shopping is convenient with Trader Joe’s, Safeway, and New Seasons Market nearby. Public transportation options include TriMet buses and a light rail station, with Portland International Airport just 11 miles away. Medical care is accessible at nearby hospitals such as Adventist Health Portland and Providence Portland Medical Center.

Reed, Portland, OR Home Prices vs. Nearby Neighborhoods

Reed Richmond Hosford-Abernethy North Tabor
Median Home Price
$644,950
$599,900
$685,000
$599,900
Median Sale Price
$614,950
-5% YoY
$627,000
-4% YoY
$710,000
+5% YoY
$585,000
+13% YoY
Median Single Family Price
$740,000
$654,000
$755,000
$603,000
Median Townhouse Price
$440,000
$625,000
$570,000
$699,000
Median Condo Price
$304,950
$379,000
$409,950
$257,450
Total Active Listings
8 listings
20 listings
16 listings
11 listings
Market Conditions
3 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market

Frequently Asked Questions

Is Reed a good place to live?
Reed is a good place to live. Reed is considered somewhat walkable and very bikeable with some transit options. Reed has 6 parks for recreational activities.It is somewhat dense in population with 10.0 people per acre and a median age of 35. The average household income is $106,218 which is below the national average. College graduates make up 50.2% of residents. A majority of residents in Reed are renters, with 65% of residents renting and 35% of residents owning their home. A local real estate agent serving Reed can help you decide if this neighborhood is the right one for you. Learn more on our Reed neighborhood guide.
How much do you need to make to afford a house in Reed?
The median home price in Reed is $644,950. If you put a 20% down payment of $129,000 and had a 30-year fixed mortgage with an interest rate of 6.71%, your estimated principal and interest payment would be $3,330 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $143K a year to afford the median home price in Reed. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Reed is $106K.
What are the best public schools in Reed?
The best public schools that serve Reed are:
What are the best private schools in Reed?
The best private schools that serve Reed are:
What are the most popular zip codes in Reed, Portland, OR?
The most popular zip codes in Reed, Portland, OR include 97202, 97206, 97214, 97215 and 97222.
What are the most popular neighborhoods near Reed, Portland, OR?
The most popular neighborhoods near Reed, Portland, OR are Creston-Kenilworth, Eastmoreland, Brooklyn, Sellwood and Woodstock.
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