Reed, KY—42451
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Reed, KY
As of Oct '25, the median home price in Reed, KY is $140,000, with a year-over-year change of 3.6%. This indicates that home prices in Reed, KY are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $140,000 | 3.6% |
| Single Family | $140,000 | 2.9% |
| 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 | $157,000 | 5.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Reed, KY
Reed, KY 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, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Reed, KY is 70. This is a increase of 6.0% from last year, suggesting that homes are sitting on the market longer 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 | $86,200 | -48.0% |
Listing Count | 3 | 167.0% |
| Listings as % of Homes | N/A | 167.0% |
Days on Market | 70 | 6.0% |
Demographics — Reed, KY
As of the latest ACS Survey released in 2023, Reed, KY has a population of 448, which has decreased by -52.2% over the past 5 years. Reed, KY is a popular place for families, as children make up 40.6% of the population. The area has a poorly educated workforce, with 8.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 448 | -52.2% |
% Under 18 | 40.6% | 28.5% |
% Seniors | 8.5% | -28.0% |
% WFH | 7.2% | -16.3% |
% w/ College Degree | 8.0% | 66.7% |
As of the latest ACS Survey released in 2023, Reed, KY is a predominantly white area, with 100.0% of the population identifying as white. The white population has remained stable in the last 5 years. The second most common race or ethnicity in Reed, KY is black, making up 0.0% of the population. Foreign-born residents account for 2.2% of the population in Reed, KY, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 100.0% | 0.0% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 2.2% | ∞% |
Mortgage and Risk — Reed, KY
Reed, KY 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, KY
Reed, KY 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 | $1,060 |
| 3 Bedroom | N/A | N/A | $1,370 |
| 4 Bedroom | N/A | N/A | $1,440 |
Affordability — Reed, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $140,000 |
| Median Household Income | $56,700 |