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Featured local agent — Reading, MA
Sarah Mitchell
Compass Real Estate · Reading, MA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Reading, MA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$962,750median sale price
How is the Reading, MA housing market right now?
The median home sale price in Reading, MA is $962,750, up 14.3% year-over-year. Homes sell in an average of 15 days with 44 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Reading a buyer's or seller's market?
Reading, MA is currently a strong seller's market, based on 1.4 months of supply and homes selling in about 15 days. How we determine this →
Homes sold
32
Last 12 weeks
Days on market
15
Fast-moving
Active listings
44
1.4 months supply
Sale-to-list
107.8%
Above asking
What does the Reading housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $962,750 |
| Median list price | $879,900 |
| Year-over-year price change | +14.3% |
| Average days on market | 15 days |
| Active inventory | 44 listings |
| Months of supply | 1.4 months |
| Sale-to-list price ratio | 107.8% |
| Median price per sq ft | $489/sq ft |
| Homes sold (latest month) | 32 |
| New listings (latest month) | 48 |
| Listings with a price cut | 15.9% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Reading by property type?
How the Reading, MA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.05M | $484/sq ft | 25 | 14 days |
| Condo / Co-op | $452,500 | $498/sq ft | 4 | 17 days |
| Townhouse | $625,000 | $545/sq ft | 3 | 23 days |
Source: Redfin · Updated monthly
The Reading housing market is currently classified as a strong seller's market with a median sale price of $962,750. Prices have risen 14.3% compared to last year, with homes spending an average of 15 days on market, indicating 1.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.8x provides context for how home values compare to local earning capacity.
Homes for sale in Reading
There are currently 44 homes listed for sale in Reading, Massachusetts. The median listing price is $880K.
Active listings
44
Homes on market
Median list price
$880K
Avg. days on market
15
Days until sale
New this week
48
Newly listed
Who lives in Reading?
Population
25,448
Median income
$163,725/yr
Median age
44.1 years
Owner-occupied
83.1%
College grads
65.1%
Avg commute
30.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Reading?
Zillow home value
$946,735
Zillow rent index
$3,162/mo
Price-to-rent ratio
24.9x
Price-to-income
5.8x
Source: Zillow Research
What is it like to live in Reading?
Reading is a community of approximately 25K residents with a median age of 44.1 years.The median household income is $163,725, which reflects a relatively affluent area with strong earning potential. 65.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 83.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Reading offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Reading?
9 schools tracked · 3,850 students
The largest public schools serving Reading, MA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Reading Memorial High
Grades 9-12 · 1,097 students
Walter S Parker Middle
Grades 6-8 · 451 students
J Warren Killam
Grades K-5 · 421 students
Arthur W Coolidge Middle
Grades 6-8 · 403 students
Joshua Eaton
Grades K-5 · 392 students
Birch Meadow
Grades K-5 · 371 students
Alice M Barrows
Grades K-5 · 356 students
Wood End Elementary School
Grades K-5 · 249 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Reading, MA?
Want a head-to-head view? Compare Reading side-by-side with any other U.S. city using our market-comparison tool.
Is Reading a good real estate investment market?
For investors evaluating Reading, the price-to-rent ratio of 24.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 14.3% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Reading's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Reading's median home price.
Frequently asked questions
What is the average home price in Reading?
The median home sale price in Reading is $962,750, up 14.3% from last year.
How long do homes stay on market in Reading?
Homes typically spend 15 days on market before going under contract.
What is the median income in Reading?
The median household income is $163,725 per year.
Is Reading a buyer's or seller's market?
With 1.4 months of supply, Reading is currently a strong seller's market.
What is the Zillow home value estimate for Reading?
The Zillow Home Value Index (ZHVI) for Reading is $946,735, representing the typical home value in the area.
What is the median condo price in Reading?
The median condo/co-op sale price in Reading, MA is $452,500, compared to $1.05M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Reading?
The median single-family home price in Reading, MA is $1.05M (about $484 per square foot).
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