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Housing in Reading

12 homes sold in Reading in the last year, at a typical $143K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Reading homes are listed.

Homes sold
12
June 2025 to May 2026
Typical sale price
$143K
median, weighted by sales
Price per square foot
$85
Michigan $172
Paid vs. asking
97.6%
25% sold over asking
For sale now
3
May 2026 · 2 sold that month
What sold · last 12 months

Houses are 92% of Reading’s sales, at a typical $153K

12 homes sold in the year to May 2026.

Houses$153K

typical sale · 11 sold in 12 months

Per square foot
$91MI $172
Days to sell
61
Sold over asking
27%
Listings with a price cut
60%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $30K

Too few sales in 12 months for reliable figures.

4 years of sales

Fewer homes sell than a decade ago, at 1.6 times the 2017 price

12 sales in the last year, against 21 in 2018 and a low of 14 in 2017. The typical sale went from $89K in 2017 to $143K.

Homes soldTypical sale price
012253750$50K$100K$150K$200K2014: 18 sold, typical $43K’142017: 14 sold, typical $89K2018: 21 sold, typical $84K’182021: 20 sold, typical $133KLast 12 months: 12 sold, typical $143KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Reading

Houseat $91 a sq ft
The same money in Michiganat $172 a sq ft

Is this asking price fair?

Check a listing against what 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.

Rent or buy?

Owning the typical Reading home costs about $878 a month

Mortgage
Property tax
Insurance
Rent

Price: Reading’s typical sale, last 12 months. Property tax at Reading’s 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Reading is affordable on local pay is on Cost of living.

Before you buy in Reading

Five things worth knowing

1.1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $143K home, about $1,580 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Reading, from test results, graduation and how much students grow.

Schools in Reading
21 min

Typical commute

The average one-way trip to work for people who live in Reading.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Selling, or renting out?

Post your home to Reading, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Reading. People who follow the town see it, and so do people comparing Reading with their own town. No commission, no listing fee.

Questions about buying a home in Reading

What do homes sell for in Reading, MI?

12 homes sold in the year to May 2026 at a typical $143K, $85 a square foot.

Is Reading a buyer’s or seller’s market?

A seller’s market: 3 homes were for sale in May 2026 and 2 sold, about 1.5 months of supply. Buyers paid 97.6% of asking on average, and 60% of listings cut their price.

How much are property taxes in Reading?

About 1.1% of a home’s value a year. On a $143K home that’s near $1,580.

Where can I see homes for sale in Reading?

Zillow, Redfin, Realtor.com and Homes.com all carry Reading’s MLS listings; the search links above open each one filtered to 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).