The Reed neighborhood in Portland, Oregon, offers a unique blend of residential tranquility and proximity to urban amenities. This area is characterized by a diverse range of property types, including classic Portland bungalows, ranch-style homes, and newer farmhouses, with property values averaging $684,558. Although options like condos, townhouses, and multi-family homes are less prevalent, the neighborhood maintains a distinct charm with its residential streets surrounding Reed College. The housing market here exhibits strong demand, with homes typically selling after 29 days on the market, and a consistent increase in property values year-over-year. Reed's educational landscape is robust, with public schools such as Grout Elementary, Hosford Middle, and Cleveland High offering dual language immersion programs. While the neighborhood lacks public parks, residents enjoy the green spaces of Reed College and nearby attractions like the Crystal Springs Rhododendron Garden. Despite the absence of mobile homes, Reed's real estate market remains attractive to both buyers and renters seeking a community-oriented environment close to the vibrant heart of Portland.