Reading, PA Housing Market
The Reading housing market is very competitive. The median sale price of a home in Reading was $195K last month, up 34.1% since last year. The median sale price per square foot in Reading is $126, up 29.9% since last year.
Reading Housing Market Trends
In March 2024, Reading home prices were up 34.1% compared to last year, selling for a median price of $195K. On average, homes in Reading sell after 9 days on the market compared to 9 days last year. There were 92 homes sold in March this year, down from 123 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Reading housing market?
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 around list price and go pending in around 12 days.
- Hot homescan sell for about 4% above list price and go pending in around 4 days.
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 2% above list price and go pending in around 8 days.
- Hot homescan sell for about 7% above list price and go pending in around 3 days.
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 9 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 4 days.
- Hot homescan sell for about 5% above list price and go pending in around 3 days.
Reading Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Reading from outside metros.
- New York homebuyers searched to move into Reading more than any other metro followed by San Francisco and Los Angeles.
- 76% of Reading homebuyers searched to stay within the Reading metropolitan area.
- Salisbury was the most popular destination among Reading homebuyers followed by Harrisburg and Allentown.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 4,068 | ||
2 | 192 | ||
3 | 105 | ||
4 | 49 | ||
5 | 42 | ||
6 | 34 | ||
7 | 28 | ||
8 | 16 | ||
9 | 16 | ||
10 | 15 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 1,508 | ||
2 | 1,050 | ||
3 | 895 | ||
4 | 761 | ||
5 | 751 | ||
6 | 539 | ||
7 | 487 | ||
8 | 456 | ||
9 | 401 | ||
10 | 367 |
Home offer insights for Reading
Recent offers
View houses in Reading that sold recently
Recently sold homes
- $860,000 Last Sold Price7 beds6.5 baths6,370 sq ft405 N Tulpehocken Rd, Reading, PA 19601(610) 670-2770List Price$900,000Sale to List4% under listDays on Market80 days405 N Tulpehocken Rd, Reading, PA 19601
- $120,000 Last Sold Price5 beds1.5 baths1,900 sq ft619 N Front St, Reading, PA 19601(610) 779-2500List Price$140,000Sale to List14% under listDays on Market218 days619 N Front St, Reading, PA 19601
- $295,000 Last Sold Price3 beds1.5 baths1,394 sq ft19 W 35th St, Reading, PA 19606(610) 779-2500List Price$299,900Sale to List2% under listDays on Market70 days19 W 35th St, Reading, PA 19606
- $325,000 Last Sold Price3 beds2 baths1,326 sq ft1420 Rockland St, Reading, PA 19604(610) 373-9900List Price$325,000Sale to List0% over listDays on Market48 days1420 Rockland St, Reading, PA 19604
- $250,000 Last Sold Price—beds—baths—sq ft209 N 9th St, Reading, PA 19601(610) 670-6566List Price$294,900Sale to List15% under listDays on Market95 days209 N 9th St, Reading, PA 19601
- $551,000 Last Sold Price4 beds2.5 baths3,393 sq ft1054 Ryebrook Rd, Sinking Spring, PA 19608(610) 670-2770List Price$545,000Sale to List1% over listDays on Market53 days1054 Ryebrook Rd, Sinking Spring, PA 19608
- $187,000 Last Sold Price2 beds1.5 baths1,030 sq ft2904 State Hill Rd Unit F9, Reading, PA 19610(610) 372-3200List Price$195,000Sale to List4% under listDays on Market69 days2904 State Hill Rd Unit F9, Reading, PA 19610
- $445,000 Last Sold Price4 beds2.5 baths2,268 sq ft3027 Marcor, Reading, PA 19608(610) 670-2770List Price$450,000Sale to List1% under listDays on Market28 days3027 Marcor, Reading, PA 19608
See all recently sold homes in Reading.
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Schools in Reading
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Northwest El School Public • PreK-4 | 702 Students | 3 reviews |
6/10 Lauers Park El School Public • PreK-4 | 734 Students | 3 reviews |
6/10 Mifflin Park El School Public • K-4 | 491 Students | N/A |
6/10 West Reading El Center Public • 5-6 | 299 Students | 1 reviews |
5/10 Thirteenth & Green El School Public • PreK-4 | 575 Students | 2 reviews |
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
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Moderate
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Reading
Walk Score®
Bike Score®
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