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Foreclosure Homes in Reading, PA

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Reading, PA Foreclosures

How much do homes sell for in Reading, PA?
The average home price is currently $268,477.
In Reading, PA, how many homes are available?
There are currently 488 active home listings available in Reading.
What’s the average rental cost in Reading, PA?
The average rental price in Reading is $1,267.
What is the most expensive home in Reading?
The most expensive home sold in Reading had a price of $105,036,156.
What is currently the cheapest priced home in Reading, PA?
The cheapest home for sale in Reading is priced at $10,019.

Living in Reading, PA

Reading, PA is a lively city with a rich cultural tapestry and a strong sense of community. The area offers numerous parks, shopping, and dining options, making it a great place for families and individuals alike. With accessible public transportation and educational institutions like Albright College, Reading is well-equipped for residents seeking both convenience and a vibrant lifestyle.

Current Market Conditions in Reading, PA

The real estate market in Reading, PA is showing signs of growth, driven by increasing interest in affordable housing options. As more people are drawn to the charm and amenities of the city, property values have begun to stabilize, making it a good time for both buyers and sellers in the market.

Recent data indicates a fluctuation in home prices, with certain neighborhoods experiencing a rise due to increased demand for single-family homes. The city is becoming increasingly attractive to young professionals and families looking for a suburban feel with urban conveniences.

Home Value Estimator For Reading, PA

There are currently 51,193 real estate properties in Reading, PA, with a median automated valuation model (AVM) price of $224,728.00. 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, PA, 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, PA, is $268,477.00, with the most expensive house in Reading, PA, topping out at $105,036,156.00 and the cheapest home in Reading, PA, clocking in at $10,019.00. In other words, there’s something for every potential homebuyer or savvy investor in Reading, PA!

Rent Prices In Reading, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Reading, PA, is on a rollercoaster ride. The average rent price in Reading, PA, is $1,267.00. Indeed, when looking to rent in Reading, PA, you can expect to pay as little as $560.00 or as much as $3,580.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Reading, PA -- 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, PA Foreclosures


Market Trend for Reading, PA

Total Listings Available: 488

Market Values:

Home Prices from $10,019 to $105,036,156

Average Sales Price: $268,477

Rental Values:

Rental from $560 to $3,580

Average Rent Value: $1,267 / month

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