Market Intelligence Report — PA-740

Reading, PA

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

Ref. No: 2026-PA-08
As of the latest 2026 data
Very Competitive

Median Listing

$325K
-1.5% YoY

Pending Ratio

1.10
-4.3% YoY

Active Inventory

521
+9.9% YoY

Median DOM

32 Days
+14.3% YoY

Primary Intelligence Tool — Sold Score™

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The Reading, PA housing market currently exhibits a Very Competitive condition, with the pending ratio standing at 1.10. This indicates demand significantly outstripping the available supply. Median listing prices have experienced a month-over-month decrease of 3.7%, despite the robust demand metrics.

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

4.0%-1.0 pp YoY

Unemployment rate · Jul 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 seen a year-over-year increase of 9.9%, reaching 521 units, though this growth is offset by a year-over-year decline of 12.0% in new listings. Median days on market extended by 14.3% year-over-year to 32 days, suggesting a slightly slower absorption of individual units within a tight overall market. The pending ratio, while elevated, registered a year-over-year decline of 4.3%, signaling a moderation in the pace of demand relative to the prior period.

Historical Analysis

Market Trends

Median Price

$325K-3.7% MoM

Active Inventory

521+9.9% YoY

Days on Market

32+14.3% YoY

Sold Score™

80-4.3% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

80
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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 elevated pending ratio of 1.10 suggests strong pressure on available inventory, leading to a swift pace of transactions. This environment typically requires buyers to exercise price discipline and move quickly to secure properties. The extended median days on market could offer some limited opportunities for negotiation on specific listings, despite the overall tight market conditions.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

521 active listings represent the current floor, with new supply arriving at roughly 412 per month.

Pricing Pressure
13.2%

of active listings carry a price reduction, +1.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.0% year-over-year.

Absorption
1.10

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
110%
Median Days on Market
32 days
Inventory YoY
+10%

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