Reed, ME—04497
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Reed, ME
Reed, ME lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Reed, ME
Reed, ME lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Reed, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Reed, ME is 118. This is a decrease of -24.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $93,400 | -14.0% |
Listing Count | 5 | 40.0% |
| Listings as % of Homes | N/A | 40.0% |
Days on Market | 118 | -24.0% |
Demographics — Reed, ME
As of the latest ACS Survey released in 2023, Reed, ME has a population of 319, which has increased by 12.7% over the past 5 years. Reed, ME is a less popular place for families, as children make up 9.7% of the population. The area has a poorly educated workforce, with 11.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 319 | 12.7% |
% Under 18 | 9.7% | -27.6% |
% Seniors | 33.5% | 15.5% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 11.8% | -1.7% |
As of the latest ACS Survey released in 2023, Reed, ME is a predominantly white area, with 91.8% of the population identifying as white. The white population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in Reed, ME is hispanic, making up 0.9% of the population. Foreign-born residents account for 0.6% of the population in Reed, ME, and this percentage has decreased by 81.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.8% | -3.8% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.9% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.6% | -81.2% |
Mortgage and Risk — Reed, ME
Reed, ME lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Reed, ME
Reed, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $810 |
| 2 Bedroom | N/A | N/A | $1,070 |
| 3 Bedroom | N/A | N/A | $1,360 |
| 4 Bedroom | N/A | N/A | $1,490 |
Affordability — Reed, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $43,400 |