In 1961, Reading, PA had a median housing value of $178,600, which was significantly lower than the national median value of $338,100. However, over the past year the appreciation rate of homes in Reading has been quite impressive; at 11.29%, it is much higher than the national rate of 8.27%. This trend indicates that housing in Reading is becoming increasingly attractive to potential buyers and may continue to appreciate in coming years.
The median home cost in Reading (zip 19611) is $178,600. Home appreciation the last 10 years has been 73.3%. Home Appreciation in Reading (zip 19611) is up 17.1%.
Average Age of Homes
- The median age of Reading (zip 19611) real estate is 70 years old
The Rental Market in Reading (zip 19611)
- Renters make up 41.5% of the Reading (zip 19611) population
- 3.4% of houses and apartments in Reading (zip 19611), 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.