Is Reading, PA 19605 a buyer’s or seller’s market?
Reading is a seller’s market. With about 1.4 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 92% of U.S. ZIP codes, and #138 of 601 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 Reading housing market right now
In the three months ending August 31, 2026, 45% of homes in Reading, PA 19605 sold above their list price, the typical home went under contract in 8 days and there were 1.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 80 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 52%, homes sold more slowly (5 days then) and the median sale price held steady to $292,823. Overall, Reading is less competitive than a year ago, which gives buyers more room.
Within Berks County, homes here sell faster than in 52% of the county’s ZIP codes, and sell less often over asking than in 79%. On our competition score, Reading ranks #138 of 601 PA ZIP codes with enough sales (score 87 out of 100).
Nearby, buyers who want less competition could look at Maxatawny 19538 (0% sold over asking) or Bally 19503 (20% sold over asking), while Hereford 18056 (100% sold over asking) and Centerport 19516 (100% sold over asking) are even more competitive.
Run the numbers for 19605
Nearby markets
Alburtis 18011Seller’s market $206 /sq ftBally 19503Seller’s market $252 /sq ftBarto 19504Seller’s market $225 /sq ftBechtelsville 19505Seller’s market $201 /sq ft Browse all markets →Towns like Reading nearby
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Questions about Reading real estate
Is Reading a buyer’s or seller’s market?
A seller’s market: there were 1.4 months of supply in Reading, PA 19605 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 Reading?
The typical home went under contract in 8 days in the latest three months.
Do homes in Reading sell over asking?
45% of homes sold above their original list price, and the typical sale closed at 100.3% of the list price.
What are property taxes in Reading?
About 1.65% of a home’s value a year in Berks County, or roughly $6,600 on a $400,000 home.
What is the median home price in Reading?
The median sale price was $292,823 in the three months ending August 31, 2026, about $169 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