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Housing in Reed

A typical Reed home is worth roughly $176,000

Typical home value
$176K
OH $249K
Estimate
2-bedroom rent
$1,080
a month, utilities in · HUD
Median tax bill
$1,943
OH $2,822

What kind of housing town is Reed?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 1.6 years of income

Less than across Ohio (3.5 years). Try your own numbers below.

You could afford about
$420,000
Typical Reed home $176K

That covers a typical Reed home, with $244K to spare.

The typical home, each month
$1,090
Loan $870Tax $160Insurance $50

A two-bedroom rents for about $1,080 a month here, $10 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Reed’s typical property tax (1.10% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

1 of Reed’s houses are on the National Register

Half of Reed’s homes were built before 1963.

History →
Owners and renters
Own 91%Rent 9%

Ohio: 67% own.

1963
typical home built · OH 1970
$1,943
median property tax bill · OH $2,822
1.10%
of a home’s value, a year in tax · OH 1.31%
Historic houses in Reed

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error. Historic houses: National Register of Historic Places.

Renting

A two-bedroom rents for about $1,080

Fair Market Rent a month, utilities included

Studio$820
1 bedroom$830
2 bedrooms$1,080
3 bedrooms$1,320
4 bedrooms$1,460
9%
of households rent · OH 33%
9
renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Huron County, OH): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Reed vs. its neighbors

Reed is the priciest of 4 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Reed$176K*—$1,080—$111,411
Thompson$170K*+10.9%†$1,000—$80,313
Scipio$161K*—$1,2107$52,500
Venice$151K*—$980—$86,442

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Reed buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Reed still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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