Reading, MA Housing Market
The Reading housing market is very competitive. Homes in Reading receive 8 offers on average and sell in around 26 days. The median sale price of a home in Reading was $800K last month, down 10.6% since last year. The median sale price per square foot in Reading is $481, up 26.6% since last year.
Reading Housing Market Trends
In March 2024, Reading home prices were down 10.6% compared to last year, selling for a median price of $800K. On average, homes in Reading sell after 26 days on the market compared to 66 days last year. There were 17 homes sold in March this year, down from 18 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 about 2% above list price and go pending in around 21 days.
- Hot homescan sell for about 6% above list price and go pending in around 9 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 15 days.
- Hot homescan sell for about 7% 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 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 15 days.
- Hot homescan sell for about 9% above list price and go pending in around 9 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 Hartford and San Francisco.
- 82% of Reading homebuyers searched to stay within the Reading metropolitan area.
- Portland was the most popular destination among Reading homebuyers followed by Lebanon and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 2,367 | ||
2 | 1,280 | ||
3 | 400 | ||
4 | 312 | ||
5 | 131 | ||
6 | 108 | ||
7 | 105 | ||
8 | 28 | ||
9 | 17 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 3,041 | ||
2 | 1,853 | ||
3 | 1,807 | ||
4 | 1,019 | ||
5 | 995 | ||
6 | 895 | ||
7 | 753 | ||
8 | 664 | ||
9 | 394 | ||
10 | 347 |
View houses in Reading that sold recently
Recently sold homes
- $905,000 Last Sold Price4 beds2 baths2,597 sq ft8 Deborah Dr, Reading, MA 01867List Price$879,400Sale to List3% over listDays on Market18 days8 Deborah Dr, Reading, MA 01867
- $937,860 Last Sold Price3 beds2 baths2,206 sq ft20 Glenmere Cir, Reading, MA 01867List Price$819,000Sale to List15% over listDays on Market42 days20 Glenmere Cir, Reading, MA 01867
- $810,000 Last Sold Price2 beds2 baths1,948 sq ft18 Carnation Cir Unit B, Reading, MA 01867List Price$810,000Sale to List0% over listDays on Market90 days18 Carnation Cir Unit B, Reading, MA 01867
- $720,000 Last Sold Price2 beds2 baths1,475 sq ft122 Johnson Woods Dr #202, Reading, MA 01867List Price$745,000Sale to List3% under listDays on Market41 days122 Johnson Woods Dr #202, Reading, MA 01867
- $730,000 Last Sold Price3 beds2 baths1,724 sq ft62 Longfellow Rd, Reading, MA 01867List Price$699,000Sale to List4% over listDays on Market42 days62 Longfellow Rd, Reading, MA 01867
- $806,000 Last Sold Price3 beds2 baths1,802 sq ft17 Brentwood, Reading, MA 01867List Price$785,000Sale to List3% over listDays on Market44 days17 Brentwood, Reading, MA 01867
- $790,000 Last Sold Price4 beds2 baths1,502 sq ft8 Crosby Rd, Reading, MA 01867List Price$774,900Sale to List2% over listDays on Market37 days8 Crosby Rd, Reading, MA 01867
- $521,750 Last Sold Price1 bed1 bath1,030 sq ft36 Abigail Way #1011, Reading, MA 01867List Price$489,900Sale to List7% over listDays on Market48 days36 Abigail Way #1011, Reading, MA 01867
See all recently sold homes in Reading.
See listings
Schools in Reading
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Birch Meadow Elementary School Public • K-5 | 377 Students | 2 reviews |
8/10 Alice M. Barrows Elementary School Public • K-5 | 374 Students | 5 reviews |
7/10 Joshua Eaton Elementary School Public • K-5 | 386 Students | 6 reviews |
7/10 Wood End Elementary School Public • K-5 | 305 Students | 9 reviews |
6/10 J. Warren Killam Elementary School Public • K-5 | 412 Students | 1 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 - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Major
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
Neighborhood Housing Markets
Nearby City Housing Markets
Zip Code Housing Markets
Neighborhood Listings
Nearby City Listings
Zip Code 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.