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 $127, up 33.7% 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 5 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 6 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 9 days.
- Hot homescan sell for about 2% 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 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 Washington.
- 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 | Jan '24 - Mar '24 | ||
1 | 4,058 | ||
2 | 219 | ||
3 | 92 | ||
4 | 72 | ||
5 | 71 | ||
6 | 60 | ||
7 | 41 | ||
8 | 38 | ||
9 | 20 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 1,565 | ||
2 | 1,089 | ||
3 | 829 | ||
4 | 778 | ||
5 | 747 | ||
6 | 546 | ||
7 | 453 | ||
8 | 437 | ||
9 | 423 | ||
10 | 377 |
Home offer insights for Reading
Recent offers
View houses in Reading that sold recently
Recently sold homes
- $220,000 Last Sold Price—beds—baths3,239 sq ft422 Schuylkill Ave, Reading, PA 19601(610) 898-1441List Price$285,000Sale to List23% under listDays on Market49 days422 Schuylkill Ave, Reading, PA 19601
- $360,000 Last Sold Price4 beds2 baths2,340 sq ft4907 Farming Ridge Blvd, Reading, PA 19606(610) 372-3200List Price$349,900Sale to List3% over listDays on Market21 days4907 Farming Ridge Blvd, Reading, PA 19606
- $150,000 Last Sold Price3 beds1 bath1,172 sq ft1224 Pike St, Reading, PA 19604(610) 372-3200List Price$139,900Sale to List7% over listDays on Market24 days1224 Pike St, Reading, PA 19604
- $78,000 Last Sold Price2 beds1.5 baths1,097 sq ft510-A Minor St, Reading, PA 19602(610) 373-8701List Price$85,000Sale to List8% under listDays on Market53 days510-A Minor St, Reading, PA 19602
- $314,000 Last Sold Price3 beds2 baths1,644 sq ft4377 Hillside Rd, Reading, PA 19606(610) 933-1919List Price$324,000Sale to List3% under listDays on Market82 days4377 Hillside Rd, Reading, PA 19606
- $429,610 Last Sold Price4 beds2.5 baths3,028 sq ft1024 Antonio Dr #36, Reading, PA 19605(610) 372-3200List Price$429,610Sale to List0% over listDays on Market180 days1024 Antonio Dr #36, Reading, PA 19605
- $105,000 Last Sold Price3 beds2 baths717 sq ft1257 Cotton St, Reading, PA 19602(610) 373-8701List Price$110,000Sale to List5% under listDays on Market27 days1257 Cotton St, Reading, PA 19602
- $100,000 Last Sold Price3 beds1 bath1,174 sq ft523 Gordon St, Reading, PA 19601(203) 804-4833List Price$99,900Sale to List0% over listDays on Market62 days523 Gordon St, Reading, PA 19601
See all recently sold homes in Reading.
See listings
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®
More real estate resources for Reading
New Listings in Reading
Zip Code Housing Markets
Nearby City Housing Markets
Neighborhood Housing Markets
Zip Code Listings
Nearby City Listings
Neighborhood Listings
About us
Find us
Subsidiaries
Copyright: © 2024 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.