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Foreclosure Homes in Reading, MA 01867

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Reading, MA Foreclosures

How much do homes sell for in Reading, MA?
The average home price is currently $943,461.
In Reading, MA, how many homes are available?
There are currently 5 active home listings available in Reading.
What’s the average rental cost in Reading, MA?
The average rental price in Reading is $2,784.
What is the most expensive home in Reading?
The most expensive home sold in Reading had a price of $2,927,725.
What is currently the cheapest priced home in Reading, MA?
The cheapest home for sale in Reading is priced at $222,527.

Living in Reading, MA

Reading, MA is a family-friendly community just north of Boston, offering a mix of historical charm and modern amenities. It boasts excellent schools and ample outdoor recreational options, making it perfect for families. With good public transport links and a strong local economy, Reading is a wise investment for real estate opportunities.

Current Market Conditions in Reading, MA

The real estate market in Reading, MA is currently strong, with an increasing demand for homes. The median home prices have seen consistent growth, indicating a healthy investment environment for buyers. The town's appeal as a suburb of Boston, combined with its community amenities, continues to attract first-time homebuyers and investors alike.

Recent data shows that homes in Reading tend to sell quickly, often above the asking price, due to limited inventory and high demand. Investors can expect favorable returns, as the town remains a desirable location for families, professionals, and retirees seeking a suburban lifestyle.

Home Value Estimator For Reading, MA

There are currently 8,591 real estate properties in Reading, MA, with a median automated valuation model (AVM) price of $891,421.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Reading, MA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Reading, MA, is $943,461.00, with the most expensive house in Reading, MA, topping out at $2,927,725.00 and the cheapest home in Reading, MA, clocking in at $222,527.00. In other words, there’s something for every potential homebuyer or savvy investor in Reading, MA!

Rent Prices In Reading, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Reading, MA, is on a rollercoaster ride. The average rent price in Reading, MA, is $2,784.00. Indeed, when looking to rent in Reading, MA, you can expect to pay as little as $1,350.00 or as much as $3,920.00, with the average rent median estimated to be $2,810.00. The good news is that finding an affordable and desirable property to rent in Reading, MA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Reading, MA 01867 Foreclosures


Market Trend for Reading, MA

Total Listings Available: 5

Market Values:

Home Prices from $222,527 to $2,927,725

Average Sales Price: $943,461

Rental Values:

Rental from $1,350 to $3,920

Average Rent Value: $2,784 / month

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