Reading, PA Home Values & Market Trends
Real estate market trends reflect that there have been 2,494 transactions over the past year in Reading. The median value for residential home transactions that occurred over the previous year is $210,737.24. The number of current listings in Reading is 66, and the percentage of properties for sale in the city is 66.00%. Reading, PA currently has 143 properties in foreclosure, 4 bank owned properties, 8 properties headed for auction, and 66 properties for sale.
Reading, PA Real Estate Market Overview
Housing Market Summary for Reading, PA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $214.9K | $184K | -14.41% |
| Median Sold Price | $152.1K | $184K | 20.98% |
| Homes For Sale | 84 | 80 | -4.76% |
| Homes Sold | 1,247 | 1,174 | -5.85% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Reading, PA
Browse Homes in Reading, PA
Reading home values range from $18,762 to $3,183,086. The median estimated value of a home in Reading is $210,737.24. The median list price of a home is 217,450, and the total count of properties in the city is 48,388.
- Pre-ForeclosurePre-foreclosure homes account for 0.27% of all residential properties in Reading, PA with 19606 containing 41 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 10 zips within Reading, PA; of those zips, the estimated home value for pre-foreclosure homes ranges from $626,072 in 19609 to the lowest home value of $58,831 in 19602.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Reading, PA ranges from the highest value of $263,926 in 19606 to the lowest value of $188,109 in 19605. Bank owned homes and properties account for 0.01% of properties in Reading, PA. There are 10 zips within Reading, PA; 19609 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions19608 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Reading, PA. Auction homes and other auction properties account for 0.02% of all properties in Reading, PA. There are 10 zips within Reading, PA; of those zips, the median estimated home value for homes going to auction ranges from $668,000 in 19610 to the lowest value of $142,618 in 19610.
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More Real Estate Resources for Reading, PA
Guide for Reading, PA
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Pennsylvania Foreclosure Laws
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