Is North Reading, MA 01864 a buyer’s or seller’s market?
North Reading is a seller’s market. With about 1.6 months of supply and 45% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 91% of U.S. ZIP codes, and #142 of 362 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The North Reading housing market right now
In the three months ending August 31, 2026, 45% of homes in North Reading, MA 01864 sold above their list price, the typical home went under contract in 20 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 82 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 64%, homes sold more slowly (15 days then) and the median sale price rose 13% to $870,871. Overall, North Reading is less competitive than a year ago, which gives buyers more room.
Within Middlesex County, homes here sell faster than in 65% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, North Reading ranks #142 of 362 MA ZIP codes with enough sales (score 86 out of 100).
Nearby, buyers who want less competition could look at Newton Lower Falls 02462 (0% sold over asking) or Cambridge 02142 (0% sold over asking), while Acton 01718 (100% sold over asking) and Dunstable 01827 (78% sold over asking) are even more competitive.
Run the numbers for 01864
Nearby markets
Acton 01718 $291 /sq ftActon 01720Seller’s market $385 /sq ftArlington 02474Seller’s market $598 /sq ftArlington 02476Seller’s market $609 /sq ft Browse all markets →Towns like North Reading nearby
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Questions about North Reading real estate
Is North Reading a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in North Reading, MA 01864 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in North Reading?
The typical home went under contract in 20 days in the latest three months.
Do homes in North Reading sell over asking?
45% of homes sold above their original list price, and the typical sale closed at 101.5% of the list price.
What are property taxes in North Reading?
About 1.03% of a home’s value a year in Middlesex County, or roughly $4,120 on a $400,000 home.
What is the median home price in North Reading?
The median sale price was $870,871 in the three months ending August 31, 2026, about $425 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology