The housing market in Reading, NY is quite strong. The median value of homes in Reading is $189,400 which is much lower than the US median of $338,100. However, there has been a steady appreciation over the last year of 7.27%, which is slightly lower than the rate of 8.27% for the US as a whole. With prices that are more affordable than many other cities and towns across the country, Reading is an attractive option for potential home buyers.
The median home cost in Reading is $189,400. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Reading is up 12.7%.
Average Age of Homes
- The median age of Reading real estate is 51 years old
The Rental Market in Reading
- Renters make up 9.6% of the Reading population
- 0.7% 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.