Effects of oxygen deficiency on the room temperature ferromagnetism in Fe-doped reduced TiO_2 have been investigated by comparing the air-annealed Ti_0.97Fe_0.03O_2 compound with secondly post-annealed one in vacuum ambience. The air-annealed sample showed a paramagnetic behavior at room temperature. However, when the sample was further annealed in vacuum, a strongly enhanced ferromagnetic behavior was observed at same temperature. M"ossbauer spectra of air-annealed sample at 295K showed a single doublet of Fe3+