Photo: BigCheddah · CC BY-SA 4.0773 homes sold in Reading in the last year, at a typical $190K
Most homes sold are condos. 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 Reading homes are listed.
Every place 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 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.
2% of Reading’s sales are condos, at $120K less than a house
79 houses and 14 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 79 sold in 12 months
- Per square foot
- $162PA $183
- Days to sell
- 21
- Sold over asking
- 51%
- Listings with a price cut
- 36%
typical sale · 14 sold in 12 months
- Per square foot
- $124PA $261
- Days to sell
- 48
- Sold over asking
- 14%
- Listings with a price cut
- 50%
Multi-family (2–4 units): 85 sold, typical $260K
Townhouses: 595 sold, typical $176K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 3.8 times the 2016 price
773 sales in the last year, against 1,112 in 2021 and a low of 687 in 2013. The typical sale went from $51K in 2016 to $190K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $200K buys in Reading
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.
Bidding wars in Reading are more common than before the pandemic, but two thirds fewer homes come up for sale
We read every month of 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, 773 sales.
If you’re buying in Reading
- Shop in March. It brings about 103 new listings a month, close to the busiest month, with fewer bidding wars (20% over asking).
- You can negotiate. 33% of listings have cut their price, against 17% before the pandemic.
- Bid near asking. Buyers paid 99.7% of the list price on average; 36% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings the homes; fall brings the bidding wars
August has the most new listings (about 109 a month), but September is the most competitive: 26% of September sales close over asking. February and March offer nearly as much choice with fewer homes bid up (21%). March has the least competition (20%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like Pennsylvania as a whole
| Reading now | 2017–19 | 2021 peak | PA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 36% | 14% | 29% | 33% |
| Gone within two weeksShare of homes under contract within 14 days | 49% | 24% | 51% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 33% | 17% | 20% | 26% |
| Price paid vs. askingAverage sale price ÷ list price | 99.7% | 94.7% | 98.3% | 98.9% |
| Days to sellMedian days from listing to contract | 16 | 41 | 13 | 37 |
103 homes for sale on a typical day
That’s 1.2 times the 2024 low (88), 64% fewer than in 2017–19 and well under 2012’s 665.
1 in 3 listings has cut its price
33% in the last year, against 17% in 2017–19 and 26% across Pennsylvania. More sellers are pricing high and coming down.
Since 2019, houses are up 69%, condos 73%
A house typically sold for $283K in the last year (79 sales), a condo for $163K (14).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Reading ranks 116th of 261 busy Pennsylvania markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. 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 Reading home costs about $1,227 a month
Price: Reading’s typical sale, last 12 months. Property tax at Reading’s 1.5% (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.
Six things worth knowing
New listings in August
The month with the most choice. December has the fewest, about 64.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $190K home, about $2,830 a year.
Taxes vs. neighborsSchools
The schools grade for Reading, from test results, graduation and how much students grow.
Schools in ReadingCheck 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.
No busy market nearby sells for less a square foot; West Reading, Mount Penn, Wyomissing, Greenfields and Kenhorst for far more
The busier markets within 25 miles of 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 | |
|---|---|---|---|---|---|
| Reading | 773 | $190K | $127 | 36% | 16 |
| Wyomissing | 146 | $370K | $180 | 40% | 15 |
| Pennside | 91 | $263K | $155 | 44% | 15 |
| Mount Penn | 69 | $244K | $167 | 42% | 15 |
| West Reading | 62 | $254K | $182 | 29% | 25 |
| Kenhorst | 39 | $259K | $199 | 67% | 8 |
| Greenfields | 23 | $360K | $190 | 43% | 20 |
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 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, PA?
773 homes sold in the year to May 2026 at a typical $190K, $127 a square foot. Houses sold for about $283K, condos for about $163K.
Is Reading a buyer’s or seller’s market?
A seller’s market: 85 homes were for sale in May 2026 and 68 sold, about 1.3 months of supply. Buyers paid 99.7% of asking on average, and 33% of listings cut their price.
When is the best time to buy in Reading?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Reading?
About 1.5% of a home’s value a year. On a $190K home that’s near $2,830.
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).