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Sarah Mitchell

CNESRESABR

Compass Real Estate · Reading, OH

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Reading, OH(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Reading, OH Housing Market & Real Estate

Seller's market+44.4% YoY

Housing market overview · Updated monthly ·

$260,000median sale price

How is the Reading, OH housing market right now?

The median home sale price in Reading, OH is $260,000, up 44.4% year-over-year. Homes sell in an average of 38 days with 22 active listings. The market is currently a 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?

Seller's market1.0 months of supply38 avg. days on market

Reading, OH is currently a seller's market, based on 1.0 months of supply and homes selling in about 38 days. How we determine this →

Homes sold

21

Last 12 weeks

Days on market

38

Average pace

Active listings

22

1.0 months supply

Sale-to-list

99.3%

Below asking

What does the Reading housing market data show?

Current housing market statistics for Reading, OH
MetricValue
Median sale price$260,000
Median list price$250,000
Year-over-year price change+44.4%
Average days on market38 days
Active inventory22 listings
Months of supply1.0 months
Sale-to-list price ratio99.3%
Median price per sq ft$172/sq ft
Homes sold (latest month)21
New listings (latest month)17
Listings with a price cut27.3%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Reading by property type?

How the Reading, OH market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Reading, OH
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$260,000$174/sq ft2039 days
Condo / Co-op$215,000$145/sq ft123 days
Townhouse$175,000$163/sq ft142 days

Source: Redfin · Updated monthly

The Reading housing market is currently classified as a seller's market with a median sale price of $260,000. Prices have risen 44.4% compared to last year, with homes spending an average of 38 days on market, indicating 1.0 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 3.9x provides context for how home values compare to local earning capacity.

Homes for sale in Reading

There are currently 22 homes listed for sale in Reading, Ohio. The median listing price is $250K.

Active listings

22

Homes on market

Median list price

$250K

Avg. days on market

38

Days until sale

New this week

17

Newly listed

Price drops:27.3%of listings
Sale-to-list:99.3%

Who lives in Reading?

Population

10,490

Median income

$60,167/yr

Median age

42.6 years

Owner-occupied

58.9%

College grads

24.8%

Avg commute

18.3 min

Source: U.S. Census Bureau ACS

What are homes worth in Reading?

Zillow home value

$236,914

Zillow rent index

$1,115/mo

Price-to-rent ratio

17.7x

Price-to-income

3.9x

Source: Zillow Research

What is it like to live in Reading?

Reading is a community of approximately 10K residents with a median age of 42.6 years.The median household income is $60,167, which represents a working-class community with solid middle-income opportunities. 24.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 58.9%, showing a blend of owner and renter-occupied properties. The average commute time is 18.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Reading offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Reading?

2 schools tracked · 1,442 students

The largest public schools serving Reading, OH 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 Elementary School

Grades PK-6 · 776 students

Public

Reading Junior Senior High School

Grades 7-12 · 666 students

Public

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, OH?

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 17.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 44.4% 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 $260,000, up 44.4% from last year.

How long do homes stay on market in Reading?

Homes typically spend 38 days on market before going under contract.

What is the median income in Reading?

The median household income is $60,167 per year.

Is Reading a buyer's or seller's market?

With 1.0 months of supply, Reading is currently a seller's market.

What is the Zillow home value estimate for Reading?

The Zillow Home Value Index (ZHVI) for Reading is $236,914, 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, OH is $215,000, compared to $260,000 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, OH is $260,000 (about $174 per square foot).

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