Own a piece of history, Mrs Reed(Reedmarket) home from 1939. Brand new Utilities at the south end of the lot. Property was planned designed and approved for 12 individuals lots with 2 addional adu units
Old Farm District, located between the Deschutes River and U.S. Route 97, is a residential and outdoorsy Bend neighborhood with river-adjacent trails and a low-slung, ranch-era streetscape. The neighborhood’s character concentrates around the Old Mill District along SW Bond Street, where riverwalk paths meet patios, boutiques, and cinema marquees. Nearby pillars like the Hayden Homes Amphitheater, Deschutes Brewery Bend Public House, and the High Desert Museum shape the area’s cultural calendar. Homes lean toward mid-century and late-20th-century builds with generous yards and mature trees. The Deschutes River Trail frames daily routines with footbridges, viewpoints, and access to Drake Park. A short drive south, the Old Mill’s pedestrian bridges and waterfront plazas add a polished, walkable counterpoint to the quieter blocks.
Provided by Walk Score and Local Logic
Market insights
20525 Reed Market Rd · $1,175,000
DAYS ON MARKET
34 days
The average home goes pending in 60 days.
SALE-TO-LIST
98.0%
Most homes are selling 2% below list price.
LIST PRICE
$1,175,000
Median sale price in this area is $693,566. (41% lower than this home)
PRICE DROP
0 price drops
32% of homes in this area have had a price drop in the past month.
Property details
Exterior
Exterior features
Located in the Old Farm District
Home design
Built in 1930
Construction
Living area approximately 864
Sale and tax history for 20525 Reed Market Rd
Sale History
Tax History
Date
Event
Price
FSBO.com #cmubunr2n00hhs60dv1t30te8
Sep 21, 2026
Listed
$1,175,000
$1,360/sq ft
MLSCO #220182666
Feb 13, 2026
Listing Removed
—
Sep 5, 2024
Price Changed
$1,275,000
$1,476/sq ft
May 16, 2024
Listed
$1,300,000
$1,505/sq ft
Public Records
Aug 2, 2013
Sold
$85,323
$99/sq ft
MLSCO #201300574
Aug 5, 2013
Sold
$85,232
$99/sq ft
Feb 7, 2013
Listing Removed
—
Jan 29, 2013
Listed
$80,000
$93/sq ft
One acre with 864 sq ft house, 2 car garage with shop, fenced, and separate bridge to cross onto property from Reed Market.
MLSCO #2510085
May 19, 2006
Listing Removed
—
Sep 12, 2005
Listed
$1,695,000
$1,962/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,249 (+7.1%)
2024
$2,099 (+7.9%)
2023
$1,946 (+4.0%)
2022
$1,872 (−0.2%)
2021
$1,875 (+5.4%)
2020
$1,779 (+2.9%)
2019
$1,729 (+2.9%)
2018
$1,680 (+3.0%)
2017
$1,631 (+4.9%)
2016
$1,555 (+2.8%)
2015
$1,512 (+3.0%)
2014
$1,468
Public record
Public record
Zoning
Beds
1
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
1 Acre
Year renovated
—
Finished Sq. Ft.
864
Unfinished Sq. Ft.
—
Total Sq. Ft.
864
Year built
1930
Style
Single Family Residential
County
Deschutes County
APN
163978
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 13, 2026.
RM
The Medium and High Density Residential Districts are intended to provide land for a mix of middle housing, multi-unit dwellings and single-room occupancies in locations that are convenient to service commercial uses and future transit opportunities.
The Medium Density Residential District is intended to provide primarily for the development of multi-unit residential in areas where sewer and water service are available. The residential density range in the district is 7.3 to 21.7 units per gross acre and must provide a transitional use area between other Residential Districts and other less restrictive areas.
Permitted uses
Include but are not limited to:
Day care facility
Laundromat
General retail
Housing-Single unit
Housing-Multiple units
Housing-Senior
Mixed use building
Office
Housing-Mobile home park
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 90° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
19 unhealthy days expected this year, 22 days in 30 years
Provided by First Street
Historical weather
Bend, OR • 97702
Average low and high temperatures (°F)
44
27
45
27
54
34
60
34
69
40
76
46
86
53
83
54
77
48
61
37
49
32
45
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 11 hours in
June and 2.4 hours in December, which is comparable to the
U.S. average for solar exposure.
11 hrs
2.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 20525 Reed Market Rd
$1,084,677
$90K under list price of $1.18M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $450K to $687K.