Metropolitan market · Pennsylvania · September 2026 data

What is the Reading, PA real estate market doing?

As of September 2026, the median home listed in Reading, PA asks $327,400, unchanged year over year. Homes spend a median of 36 days on market, with 542 active listings and 14% carrying a price cut; pending contracts equal 100% of active listings, and inventory sits at 52% of the same month in 2019 — a seller's market. Estimated gross rental yield on the median listing is 5.8%. Figures come from public records and industry data, updated monthly.

Median listing price
$327,400
0.0% YoY
Median $ / sq ft
$180
1,717 sq ft median
Median days on market
36
September 2026
Active listings
542
For sale now
New listings
430
September 2026
Listings with price cuts
14%
Share of active
Inventory vs 2019
52%
Same month, 2019 = 100
Pending / active
100%
Contract activity
Median sale price (closed)
$320,000
▲ 4.2% YoY · closed sales · July 2026
Sale-to-list ratio
101.6%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
448
Closed sales · July 2026, seasonally adjusted

What is the Reading, PA housing market doing right now?

The Reading, PA housing market lists at a $327,400 median as of September 2026, unchanged year over year, with a 36-day median market time and 542 homes for sale (14% with a price cut). Active inventory is 52% of the 2019 level, reading as a seller's market under WealthyBud's published buyer/seller rule. Gross rental yield is about 5.8%.

Reading housing market statistics

The table summarizes Reading's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Reading.

Reading, PA housing market at a glance — September 2026
MetricLatestDetail
Median listing price$327,4000.0% YoY
Median price per sq ft$1801,717 sq ft median
Median days on market36+12% YoY
Active listings542+4% YoY
New listings this month430September 2026
Listings with a price cut14%Share of active
Median sale price (closed)$320,000+4.2% YoY · closed sales, July 2026
Sale-to-list ratio101.6%Closed sales, July 2026, seasonally adjusted
Pending-to-active ratio99.5%539 pending
Inventory vs 201952%Active listings vs same month in 2019
Gross rental yield5.8%2BR fair market rent

How have home prices changed in Reading?

Reading home prices are unchanged year over year and +0.7% month over month as of September 2026, at a $327,400 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$355K$344K$334K$323K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Reading PA · trailing 8 quarters · source: public records and industry data.

The 10-year view
$355K$314K$272K$231K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Reading PA · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Reading?

Reading has 542 active listings, 430 new this month, 539 pending as of September 2026. About 14% of active listings have cut their price, and inventory sits at 52% of its 2019 level — a seller's market by pace.

Active listings
542
New this month
430
Pending
539
Price-reduced
75

Is Reading a good real estate investment?

Reading scores 79/100 on WealthyBud's composite Investor Score, ranking #24 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
79/100
#24 of 933 covered metros
12-month outlook
+4.1%
▲ Rising · model output, not advice
Price volatility
Medium
σ 5.5% · 20-yr price-index swings
Momentum
64
Value
58
Rental yield
92
Supply risk
10
Market heat
98

Reading scores 79/100 on our composite Investor Score (#24 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 61% over five years and +107% over ten, leaving prices 58% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,575/mo for a two-bedroom, the gross rental yield on the median listing is about 5.8%; active inventory sits at 52% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are unchanged year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Reading ranks on the trending markets index.

How much is a monthly mortgage payment in Reading?

A home at Reading's $327,400 median listing runs about $1,792 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$1,618/mo
−$174/mo vs today
At today's rate · 7.28%
$1,792/mo
National weekly average
If rates rise 1% · 8.28%
$1,973/mo
+$181/mo vs today

Principal & interest on the $327,400 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Reading?

To buy Reading’s $327,400 median listing with 20% down, a household needs about $98,000 a year in gross income, keeping principal, interest and property tax ($2,275/mo) at 28% of income. That is 1.3× the area’s $77,684 median household income, so a typical Reading household cannot afford the median listing on these terms.

Income needed to buy the median home in Reading, PA — September 2026
ItemAmountBasis
Median listing price$327,400September 2026
Down payment (20%)$65,480Assumption
Principal & interest (7.28%, 30-yr fixed)$1,792/moRate as of 2026-10-01
Property tax (1.77% effective rate)$483/moCensus ACS
Income needed (28% rule)$98,000Gross household income / yr
Median household income$77,684Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Reading housing market?

Longer-run demand in Reading shows up in 380 homes permitted in 2025; net migration of +50 residents; +1.3% job growth. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
380
▲ 47.3% vs 2024
0.9 per 1,000 residents
Net migration (2022–2023)
+50
▲ people, via tax-return records
net income flow −$59.9M/yr
Job growth (YoY)
+1.3%
▲ 184.4k nonfarm jobs · August 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Reading housing market FAQ

What is the median home price in Reading?
As of September 2026, the median listing price in Reading, PA is $327,400, unchanged year over year (source: public records and industry data). Figures cover the Reading, PA metro area.
How much does it cost to buy a home in Reading?
The median home listed in Reading asks $327,400 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $1,792 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Reading?
The median property in Reading spends 36 days on the market, with 542 homes actively listed and 14% of them carrying a price cut — a seller's market as of September 2026.
Is it a buyer's or seller's market in Reading?
With a median 36 days on market and 14% of active listings carrying a price cut, pending contracts at 100% of active listings, Reading reads as a seller's market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Reading a good place to invest in real estate?
Reading scores 79/100 on WealthyBud's Investor Score, ranking #24 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Reading?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Reading and the wider Pennsylvania market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Reading, PA metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Pennsylvania housing markets

Jasper Lindqvist Commercial Real Estate Analyst

Jasper Lindqvist is a commercial real estate analyst who covers office, retail and industrial property trends, cap rates and vacancy using public REIT filings and market reports. He focuses on how commercial demand shifts ripple into residential markets.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.