The Reading housing market is very competitive. The median sale price of a home in Reading was $175K last month, up 10.6% since last year. The median sale price per square foot in Reading is $113, up 10.8% since last year.
In October 2024, Reading home prices were up 10.6% compared to last year, selling for a median price of $175K. On average, homes in Reading sell after 16 days on the market compared to 11 days last year. There were 80 homes sold in October this year, down from 98 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$175,000
+10.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Reading, PA
$175,000
+10.6%
United States
To compare other locations to the Reading and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Reading's median sale price is 60% lower than the national average. Overall cost of living in Reading is 4% lower than the national average. Learn which home features in Reading add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Reading housing market?
Reading is very competitive. Homes sell in 8 days.
0
100
86
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 8 days.
Hot homes
can sell for about 3% above list price and go pending in around 3 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Reading housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Reading.
Flood Factor - Major
27% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Reading has a major risk of flooding. 4,119 properties in Reading are likely to be
severely affected
by flooding over the next 30 years. This represents 27% of all properties in Reading. Flood risk is increasing slower than the national average.
87% of properties are at risk of wildfire over the next 30 years
Fire Factor
Reading has a major risk of wildfire. There are 23,080 properties in Reading that have some risk of being affected by wildfire over the next 30 years. This represents 87% of all properties in Reading.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Reading has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Reading is most at risk from hurricanes. 26,329 properties in Reading have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 65 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 76 mph.