Home Values

Reading Metro Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$158,300

  • 0.6% 1-year change
  • 2.2% 1-year forecast

The median home value in Reading Metro is $158,300. Reading Metro home values have gone up 0.6% over the past year and Zillow predicts they will rise 2.2% within the next year. The median rent price in Reading Metro is $1,000, which is lower than the Pennsylvania median of $1,250.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Reading Metro is 6.0%, which is the same as the national value of 6.0%.

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Relative ZHVI
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Reading Metro Market Overview

Data through Jun 30, 2015
  • $158,300 ZHVI
  • 2.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jun 30, 2016)
  • No data Median listing price
  • No data Median sale price
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Reading Metro Market Health

Data through Jun 30, 2015
  • 2.3/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • 119 Average days on Zillow (May 31, 2015)
  • No data Homes with negative equity (15.4% US Avg)
  • 6.0% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

5 Pennsylvania
4 United States
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Cities in Reading Metro

Name Median ZHVI
Amity Township $241,700
Wyomissing $211,000
Longswamp $185,800
Name Median ZHVI
Spring Township $184,300
Maidencreek Township $181,700
Exeter Township $165,700
Name Median ZHVI
Cumru $156,100
Muhlenberg Township $140,400
Reading $55,900

Listings & Sales

  • No data
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Reading Metro Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $1,297 Reading Metro
    $1,220 Pennsylvania
    $1,369 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $1,000 Rent list price
  • $0.94 Rent list price / sq ft
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