Reading, MA is a vibrant city with a median house value of $756,200, which is significantly higher than the US median house value of $338,100. Despite the high price tag on housing in Reading, the one year house appreciation rate still managed to follow the same trend as the US average with an 8.08% increase in value. This indicates that property owners in this area have seen positive return on their investment over the past year and that there is potential for further growth in the future.
The median home cost in Reading (zip 01867) is $756,200. Home appreciation the last 10 years has been 90.5%. Home Appreciation in Reading (zip 01867) is up 12.9%.
Average Age of Homes
- The median age of Reading (zip 01867) real estate is 61 years old
The Rental Market in Reading (zip 01867)
- Renters make up 17.0% of the Reading (zip 01867) population
- 0.2% of houses and apartments in Reading (zip 01867), 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.