Reading, PA metro area Housing Market

Warm Market

Comprehensive housing market data for the Reading, PA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$296K

5.8% YoY

Days on Market

23 days

27.8% YoY

Active Inventory

381

2.3% YoY

Homes Sold

264

5.6% YoY

Warm Market

The market is active with moderate buyer demand.

Reading, PA metro area Market Summary

The Reading, PA metro area housing market is heating up. As of January 2026, the median home sale price is $296K, up 5.8% year-over-year. Homes are spending a median of 23 days on the market, 27.8% longer than a year ago.

There are 381 homes for sale — 2.3% fewer than last year. With 1.4 months of supply, this is a seller's market. 279 new listings were added during this period, down 1.4% year-over-year.

Homes are selling for 99.3% of their list price on average, suggesting room for negotiation. 30.3% of homes sell above their asking price. 26.5% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

50

Contributing Factors

Months of Supply 1.4
Days on Market 23
Price Drops 26.5%
Sale-to-List Ratio 99.3%
Market Temperature Warm

How This Market Compares

vs. National Median

Median Price (National: $423K) 30.0%
Days on Market (National: 66) 65.2%
Inventory (National: 1,210,379) 100.0%

vs. Pennsylvania Median

Median Price (Pennsylvania: $300K) 1.2%
Days on Market (Pennsylvania: 50) 54.0%

Investor Takeaway

A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 30% below the national median, which could indicate stronger cash flow potential.

Reading, PA metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$275K

Price per Sq Ft

$174

Sale-to-List Ratio

99.3%

Months of Supply

1.4

Sold Above List

30.3%

Price Drops

26.5%

New Listings

279

1.4% YoY

Pending Sales

315

Off Market in 2 Weeks

45.7%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.