All Home Types
Reading, PA Housing Market
What is the housing market like in Reading today?
In August 2023, Reading home prices were down 5.3% compared to last year, selling for a median price of $178K. On average, homes in Reading sell after 8 days on the market compared to 8 days last year. There were 112 homes sold in August this year, down from 142 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$177,500
-5.3% YoY | Aug 2023
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2023
Growth
% YoY
Reading, PA
$177,500
-5.3%
United States
Reading Migration & Relocation Trends
In Jun '23 - Aug '23, 21% of Reading homebuyers searched to move out of Reading, while 79% looked to stay within the metropolitan area.
- 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 Washington and San Francisco.
Where are people moving to Reading from?
- 79% of Reading homebuyers searched to stay within the Reading metropolitan area.
- Salisbury was the most popular destination among Reading homebuyers followed by Miami and Orlando.
Where are people from Reading moving to?
Number of People Moving to Reading
least
most
People are moving to Reading from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Jun '23 - Aug '23 | ||
| 1 | 4,602 | ||
| 2 | 393 | ||
| 3 | 183 | ||
| 4 | 151 | ||
| 5 | 38 | ||
| 6 | 21 | ||
| 7 | 17 | ||
| 8 | 15 | ||
| 9 | 13 | ||
| 10 | 10 | ||
People are leaving Reading for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Jun '23 - Aug '23 | ||
| 1 | 1,506 | ||
| 2 | 834 | ||
| 3 | 476 | ||
| 4 | 415 | ||
| 5 | 352 | ||
| 6 | 302 | ||
| 7 | 278 | ||
| 8 | 267 | ||
| 9 | 173 | ||
| 10 | 171 | ||
Methodology
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.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Reading.
Risk Factor
Provided by First Street Foundation
Transportation in Reading
Learn about the walkability, bikeability, and transit-friendliness of Reading
Very Walkable
Walk Score®
Somewhat Bikeable
Bike Score®
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