Is Reading, PA 19607 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Reading is a seller’s market. With about 1 months of supply and 56% 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.

Competition score95/ 100

More competitive than 98% of U.S. ZIP codes, and #18 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

Months of supply1Under 4 months = seller’s market
Sold above original list56.4%Share of sales, last 3 months
Median sale-to-list102.9%Sold price ÷ list price
Median days on market6Listing to accepted offer
Median price per sq ft$183▲ +3.5% vs. last year

The Reading housing market right now

In the three months ending August 31, 2026, 56% of homes in Reading, PA 19607 sold above their list price, the typical home went under contract in 6 days and there was 1 month of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 87 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 67%, homes sold about as fast and the median sale price fell 7% to $274,881. Overall, Reading is less competitive than a year ago, which gives buyers more room.

Within Berks County, homes here sell faster than in 64% of the county’s ZIP codes, and sell more often over asking than in 57%. On our competition score, Reading ranks #18 of 601 PA ZIP codes with enough sales (score 95 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.

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 →

Where Reading is

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Questions about Reading real estate

Is Reading a buyer’s or seller’s market?

A seller’s market: there was 1 months of supply in Reading, PA 19607 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 6 days in the latest three months.

Do homes in Reading sell over asking?

56% of homes sold above their original list price, and the typical sale closed at 102.9% 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 $274,881 in the three months ending August 31, 2026, about $183 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