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 $200,353, lower than the Pennsylvania average of $222,630.
The average cost of rent is $721/mo in Reed, primarily driven by the current value of real estate in the Reed area. While nearly 44.07% of residents own their homes outright in Reed, 5.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in Reed is $6,195 per month. Households that rent pay about 11.63% of their income on rent here. Reed's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Elysburg, PA: equally priced homes
- Rushtown, PA: higher priced homes
- Knoebels Grove, PA: equally priced homes
- Paxinos, PA: equally priced homes
- Excelsior, PA: less expensive homes
- Snydertown, PA: less expensive homes
- Sunnyside, PA: less expensive homes
- Parrs Mill, PA: equally priced homes
- Coal Township, PA: less expensive homes
- Riverside, PA: higher priced homes
Cities with Similar Populations
- Papineau, IL: less expensive homes
- Oplin, TX: less expensive homes
- Opossum, TN: less expensive homes
- Oral, SD: less expensive homes
- Orangeburg, KY: less expensive homes
- Orchard, ID: higher priced homes
- Orwell, PA: less expensive homes
- Orwin, PA: less expensive homes
- Oscar, TX: equally priced homes
- Osceola, NY: less expensive homes
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