Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Reed area can be challenging. Home prices in Reed are now at a median cost of $99,141, lower than the Oklahoma average of $161,319.
The average cost of rent is $658/mo in Reed, primarily driven by the current value of real estate in the Reed area. While nearly 65.15% of residents own their homes outright in Reed, 18.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in Reed is $5,101 per month. Households that rent pay about 12.89% of their income on rent here. Reed's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Jester, OK: equally priced homes
- Mangum, OK: less expensive homes
- Willow, OK: equally priced homes
- Vinson, OK: less expensive homes
- Granite, OK: equally priced homes
- Lake Creek, OK: less expensive homes
- Lugert, OK: equally priced homes
- Lone Wolf, OK: less expensive homes
- Samnorwood, TX: higher priced homes
- Wellington, TX: less expensive homes
Cities with Similar Populations
- Afton, TX: less expensive homes
- West Ontario, ND: less expensive homes
- Ashwood, OR: higher priced homes
- Artesia Wells, TX: equally priced homes
- Arrow Point, MO: higher priced homes
- Antelope, OR: higher priced homes
- Annamoriah, WV: less expensive homes
- Alleghany, CA: higher priced homes
- Alexander, KS: less expensive homes
- Akhiok, AK: higher priced homes
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