Market Intelligence Report — PA-740

Reading, PA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-PA-09
As of the latest 2026 data
Very Competitive

Median Listing

$327K
-0.0% YoY

Pending Ratio

1.00
-2.7% YoY

Active Inventory

542
+3.8% YoY

Median DOM

36 Days
+12.5% YoY

Primary Intelligence Tool — Sold Score™

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The Reading market exhibits very competitive conditions, driven by a pending ratio of 1.00, indicating that demand is strongly absorbing current supply. This elevated demand environment persists despite a 3.8% year-over-year increase in active listings.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.4%-1.2 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

440,072+0.4% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Reading market right now.

Active listings have expanded by 3.8% year-over-year, yet the pending ratio remains at 1.00, suggesting robust absorption. New listings saw a modest contraction of 3.6% over the past year. The median listing price has remained stable, with a year-over-year change of -0.0%, while the median price per square foot increased by 2.3% year-over-year. Properties are spending longer on the market, with median days on market rising 12.5% over the past year.

Historical Analysis

Market Trends

Median Price

$327K+0.7% MoM

Active Inventory

542+3.8% YoY

Days on Market

36+12.5% YoY

Sold Score™

83-2.7% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

83
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The high pending ratio suggests that purchasers face considerable inventory pressure, necessitating swift decision-making. The rapid absorption of available properties limits negotiating leverage for buyers. Sellers may experience quicker sales cycles due to the strong demand dynamics.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

542 active listings represent the current floor, with new supply arriving at roughly 430 per month.

Pricing Pressure
14.0%

of active listings carry a price reduction, -0.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.3% year-over-year.

Absorption
1.00

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in Reading, PA? Homes here are taking 4 days longer to sell than last year.

Demand in Reading, PA is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
100%
Median Days on Market
36 days
Inventory YoY
+4%

Demand is strong in Reading, PA. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Metro Demographics

Metro Area
Reading, PA
CBSA Code
39740
State
PA

ZIPs in Reading, PA

Sorted by active inventory · click a ZIP for its full report