The Southeast Reading housing market is very competitive. The median sale price of a home in Southeast Reading was $123K last month, up 23.7% since last year. The median sale price per square foot in Southeast Reading is $106, up 37.7% since last year.
What is the housing market like in Southeast Reading today?
In March 2024, Southeast Reading home prices were up 23.7% compared to last year, selling for a median price of $123K. On average, homes in Southeast Reading sell after 24 days on the market compared to 19 days last year. There were 52 homes sold in March this year, down from 73 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$122,500
+23.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Southeast Reading, PA
$122,500
+23.7%
United States
To compare other locations to the Southeast Reading and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Reading add value to a home.
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How hot is the Southeast Reading housing market?
Southeast Reading is very competitive. Homes sell in 20 days.
0
100
74
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 20 days.
Hot homes
can sell for about 1% above list price and go pending in around 7 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.0%
+1.6 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Southeast Reading, PA
97.0%
+1.6 pt
United States
Home offer insights for Southeast Reading
Explore recent offers and recently sold homes in Southeast Reading
Recent offers
View houses in Southeast Reading that sold recently
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 Southeast Reading housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southeast Reading.
Risk Factor
Flood Factor - Severe
37% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southeast Reading has a severe risk of flooding. 1,768 properties in Southeast Reading are likely to be
severely affected
by flooding over the next 30 years. This represents 37% of all properties in Southeast Reading. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Southeast Reading has a moderate risk of wildfire. There are 6,402 properties in Southeast Reading that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Southeast Reading.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Southeast Reading has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Southeast Reading is most at risk from hurricanes. 6,414 properties in Southeast 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 64 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 74 mph.
97% of properties are at major
risk of heat over the next 30 years
Heat Factor
Southeast Reading has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 97% of homes in Southeast Reading have a Major Heat Factor®.
Southeast Reading is expected to see a 114% increase in the number of days over 100ºF over the next 30 years. Southeast Reading is expected to experience 6