Reading, MA Housing

Reading, MA is known for its high housing prices with a median value of $738,700. This is significantly higher than the US house median value of $338,100. The appreciation rate for homes in Reading, MA over the past year has been 8.08%, which is slightly lower than the national average of 8.27%. Despite this slight decrease in the yearly rate, it’s clear that housing in Reading remains a hot commodity and an attractive place to buy and own property.

The median home cost in Reading is $738,700. Home appreciation the last 10 years has been 90.5%. Home Appreciation in Reading is up 12.9%.

Average Age of Homes

- The median age of Reading real estate is 60 years old

The Rental Market in Reading

- Renters make up 19.3% of the Reading population
- 0.2% 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Reading, Massachusetts	United States
	9,546.0	139,647,020.0
	63	42
	$738,700	$338,100
	12.9%	16.6%
	48.6%	57.0%
	90.5%	101.1%
	$13.09	$10.98
	$8,244	$2,690
	83.5%	57.4%
	2.8%	11.2%
	13.8%	31.4%
Vacant Housing
	0.2%	1.9%
	1.0%	0.4%
	0.2%	0.7%
	0.5%	0.4%
	0.6%	3.6%
	0.3%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.0%	2.4%
	0.3%	2.8%
	0.6%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	1.2%	13.0%
	1.9%	20.1%
	6.0%	13.6%
	15.0%	8.3%
	47.7%	9.7%
	19.0%	3.9%
	7.4%	2.2%
	0.3%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.7%	13.6%
	5.7%	13.6%
	6.2%	13.6%
	5.3%	13.2%
	11.1%	14.8%
	6.2%	13.6%
	16.5%	10.0%
	10.5%	4.7%
	26.5%	12.2%

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