Jerry Nichols Tavern · Photo: User:Magicpiano · CC BY-SA 4.0187 homes sold in North Reading in the last year, at a typical $752K
About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where North Reading homes are listed.
Every place North Reading homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to North Reading.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
A third of North Reading’s sales are condos, at $363K less than a house
117 houses and 60 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 117 sold in 12 months
- Per square foot
- $418MA $368
- Days to sell
- 21
- Sold over asking
- 59%
- Listings with a price cut
- 33%
typical sale · 60 sold in 12 months
- Per square foot
- $470MA $562
- Days to sell
- 27
- Sold over asking
- 30%
- Listings with a price cut
- 34%
Multi-family (2–4 units): 1 sold, typical $1.5M
Townhouses: 9 sold, typical $794K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.6 times the 2016 price
187 sales in the last year, against 258 in 2021 and a low of 181 in 2024. The typical sale went from $472K in 2016 to $752K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $750K buys in North Reading
Check a listing against what North Reading homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in North Reading are back to pre-pandemic levels, but 19% fewer homes come up for sale
We read every month of North Reading’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 187 sales.
If you’re buying in North Reading
- Shop in March. It brings about 27 new listings a month, close to the busiest month, with fewer bidding wars (41% over asking).
- Some room to negotiate. 30% of listings cut their price, about as many as before the pandemic.
- Expect to bid over asking. Buyers paid 102.1% of the list price on average; 49% paid over.
- Move fast on good ones. 55% of homes are under contract within two weeks.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 32 a month), but June is the most competitive: 62% of June sales close over asking. March offers nearly as much choice with fewer homes bid up (41%). March has the least competition (41%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Massachusetts as a whole
| North Reading now | 2017–19 | 2021 peak | MA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 49% | 49% | 73% | 45% |
| Gone within two weeksShare of homes under contract within 14 days | 55% | 54% | 73% | 49% |
| Listings with a price cutShare of homes for sale that cut their price | 30% | 29% | 20% | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 102.1% | 100.4% | 105.3% | 100.4% |
| Days to sellMedian days from listing to contract | 21 | 17 | 18 | 27 |
29 homes for sale on a typical day
That’s 1.5 times the 2021 low (19), 19% fewer than in 2017–19 and well under 2012’s 92.
1 in 3 listings has cut its price
30% in the last year, against 29% in 2017–19 and 25% across Massachusetts.
Since 2019, houses are up 52%, condos 65%
A house typically sold for $890K in the last year (117 sales), a condo for $527K (60).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
North Reading ranks 101st of 206 busy Massachusetts markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. North Reading is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical North Reading home costs about $4,778 a month
Price: North Reading’s typical sale, last 12 months. Property tax at North Reading’s 1.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether North Reading is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 7.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $752K home, about $10,270 a year.
Taxes vs. neighborsSchools
The schools grade for North Reading, from test results, graduation and how much students grow.
Schools in North ReadingTypical commute
The average one-way trip to work for people who live in North Reading.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Lynnfield, Middleton, Andover and North Andover sell for less a square foot
The busier markets within 25 miles of North Reading, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Andover | 389 | $967K | $400 | 58% | 21 |
| North Andover | 353 | $744K | $359 | 56% | 27 |
| Reading | 251 | $865K | $474 | 60% | 17 |
| North Reading | 187 | $752K | $434 | 49% | 21 |
| Wilmington | 176 | $733K | $424 | 53% | 21 |
| Middleton | 104 | $824K | $387 | 43% | 31 |
| Lynnfield | 68 | $1.1M | $407 | 53% | 22 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to North Reading, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to North Reading. People who follow the town see it, and so do people comparing North Reading with their own town. No commission, no listing fee.
Questions about buying a home in North Reading
What do homes sell for in North Reading, MA?
187 homes sold in the year to May 2026 at a typical $752K, $434 a square foot. Houses sold for about $890K, condos for about $527K.
Is North Reading a buyer’s or seller’s market?
A seller’s market: 34 homes were for sale in May 2026 and 17 sold, about 2 months of supply. Buyers paid 102.1% of asking on average, and 30% of listings cut their price.
When is the best time to buy in North Reading?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in North Reading?
About 1.4% of a home’s value a year. On a $752K home that’s near $10,270.
Where can I see homes for sale in North Reading?
Zillow, Redfin, Realtor.com and Homes.com all carry North Reading’s MLS listings; the search links above open each one filtered to North Reading.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).