Reading Metro Area, PA Housing

Reading, PA Metro Area has experienced a significantly higher rate of increase in housing median value than the US as a whole. The median value for houses in Reading stands at $257,000, compared to the US house median value of $338,100. Over the past year, there has been an appreciation of 8.27% on average for US homes and an impressive 12.66% increase in home values in Reading metro area. This indicates that investing in real estate in Reading would be an attractive option for potential buyers looking for steady growth and good return on investment.

The median home cost in Reading Metro Area is $257,000. Home appreciation the last 10 years has been 68.6%. Home Appreciation in Reading Metro Area is up 15.9%.

Average Age of Homes

- The median age of Reading Metro Area real estate is 51 years old

The Rental Market in Reading Metro Area

- Renters make up 26.4% of the Reading Metro Area population
- 1.8% of houses and apartments in Reading Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Reading, Pennsylvania	United States
	170,123.0	139,647,020.0
	53	42
	$257,000	$338,100
	15.9%	16.6%
	54.5%	57.0%
	68.6%	101.1%
	$19.87	$10.98
	$3,893	$2,690
	66.8%	57.4%
	5.9%	11.2%
	27.3%	31.4%
Vacant Housing
	1.8%	1.9%
	0.2%	0.4%
	0.6%	0.7%
	0.3%	0.4%
	0.4%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	2.0%	2.6%
	2.6%	2.4%
	2.5%	2.8%
	3.6%	3.9%
	4.7%	4.5%
	15.6%	11.3%
	20.5%	13.0%
	29.3%	20.1%
	12.2%	13.6%
	3.4%	8.3%
	2.6%	9.7%
	0.6%	3.9%
	0.2%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	9.9%	13.6%
	9.9%	13.6%
	11.7%	13.6%
	10.6%	13.2%
	12.8%	14.8%
	11.7%	13.6%
	10.9%	10.0%
	5.5%	4.7%
	26.7%	12.2%

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