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Affordable
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These days, finding an affordable place to live in the Reeds area can be challenging. Home prices in Reeds are now at a median cost of $184,200, lower than the Maine average of $330,167.
The average cost of rent is $480/mo in Reeds, primarily driven by the current value of real estate in the Reeds area. In Reeds, 14.90% of households rent, and 51.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Reeds is $3,950 per month. Households that rent pay about 12.15% of their income on rent here. Reeds’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Phillips, ME: equally priced homes
- Strong, ME: higher priced homes
- Kingfield, ME: higher priced homes
- Weld, ME: less expensive homes
- North Jay, ME: higher priced homes
- Rangeley, ME: higher priced homes
- South Rangeley, ME: higher priced homes
- New Vineyard, ME: equally priced homes
- Temple, ME: higher priced homes
- Fairbanks, ME: less expensive homes
Cities with Similar Populations
- Pierce, FL: equally priced homes
- Polk, TN: less expensive homes
- Polebridge, MT: higher priced homes
- Polaris, MT: higher priced homes
- Pocopson, PA: higher priced homes
- Plew, MO: equally priced homes
- Pleasant Home, OH: higher priced homes
- Pinesville, NY: less expensive homes
- Pine Crest, TN: higher priced homes
- Ponca, AR: equally priced homes
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