Home Price Key
Affordable
Average
Expensive
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 $126,700, lower than the Maine average of $243,042.
The average cost of rent is $376/mo in Reeds, primarily driven by the current value of real estate in the Reeds area. While nearly 47.63% of residents own their homes outright in Reeds, 10.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in Reeds is $3,490 per month. Households that rent pay about 10.77% of their income on rent here. Reeds's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
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: less expensive homes
- Temple, ME: higher priced homes
- Fairbanks, ME: higher priced homes
Cities with Similar Populations
- Pierce, FL: less expensive homes
- Polk, TN: less expensive homes
- Polebridge, MT: higher priced homes
- Polaris, MT: higher priced homes
- Pocopson, PA: higher priced homes
- Plew, MO: higher priced homes
- Pleasant Home, OH: higher priced homes
- Pinesville, NY: equally priced homes
- Pine Crest, TN: higher priced homes
- Ponca, AR: higher priced homes
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