Reading, MA Foreclosures
How much do homes sell for in Reading, MA?
The average home price is currently $961,563.
In Reading, MA, how many homes are available?
There are currently 2 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 $107,905,072.
What is currently the cheapest priced home in Reading, MA?
The cheapest home for sale in Reading is priced at $228,771.
Living in Reading, MA
Reading, MA is a charming suburban town known for its historic architecture, excellent schools, and close-knit community vibe. With a vibrant downtown area full of shopping and dining options, it's the perfect spot to enjoy both tranquility and convenience. The town's parks and recreational spots offer plenty of outdoor activities for residents of all ages.
Current Market Conditions in Reading, MA
The real estate market in Reading, MA has shown increased interest over the past year, with home sales steadily rising and prices reflecting the demand. The town's desirable location, top-rated schools, and family-friendly atmosphere make it a sought-after area for homebuyers, especially families and young professionals.
Properties in Reading have seen various trends, with single-family homes leading the sales. The average time on market for homes has decreased, indicating a competitive market where listings often sell quickly, particularly in the spring and summer months.
Home Value Estimator For Reading, MA
There are currently 8,601 real estate properties
in Reading, MA,
with a median automated valuation model (AVM) price
of $889,590.00. 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 $961,563.00, with the most expensive house
in Reading, MA, topping out
at $107,905,072.00 and the cheapest home
in Reading, MA,
clocking in at $228,771.00. 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.