Reading, MA is known for its high housing prices with a median value of $738,700. This is significantly higher than the US house median value of $338,100. The appreciation rate for homes in Reading, MA over the past year has been 8.08%, which is slightly lower than the national average of 8.27%. Despite this slight decrease in the yearly rate, it’s clear that housing in Reading remains a hot commodity and an attractive place to buy and own property.
The median home cost in Reading is $738,700. Home appreciation the last 10 years has been 90.5%. Home Appreciation in Reading is up 12.9%.
Average Age of Homes
- The median age of Reading real estate is 60 years old
The Rental Market in Reading
- Renters make up 19.3% of the Reading population
- 0.2% of houses and apartments in Reading, 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.