Reading, PA Housing Market Report

The Reading, Pennsylvania real estate market as of December 2025 continues to demonstrate a steady upward trajectory, characterized by moderate price appreciation and a gradual increase in available inventory. With a median home value of $253,127, the market has seen a 3.37% increase over the past year. While the inventory of active listings has grown by 5.09% to 557 units, the market remains relatively tight. The sale-to-list ratio holding firm at 1 indicates that properties are generally selling for their asking price, suggesting a balanced environment that still slightly leans in favor of sellers due to the limited supply.

Price trends over the last six months show a consistent month-over-month climb, rising from $247,217 in July to the current December high. This incremental growth reflects a resilient local economy and sustained demand for affordable housing within the broader Pennsylvania region. The rental market is mirroring this stability, with median rents rising 3.17% year-over-year to $1,364. This parallel growth in both home values and rents suggests that the demand for housing in Reading is broad-based, driven by both prospective homeowners and those seeking rental accommodations.

Looking ahead, the increase in days on market—now averaging 31 days compared to 26 a year ago—provides a slight reprieve for buyers who previously faced a more frenetic pace. This shift suggests that while demand remains high, buyers are becoming more selective or are constrained by affordability. Sellers should be prepared for slightly longer transaction timelines and must ensure their properties are priced accurately to meet the current sale-to-list parity. For buyers, the modest increase in inventory offers more choices than in previous years, though the consistent price appreciation suggests that entering the market sooner rather than later may be beneficial to capture future equity growth.