Reading, MA Housing Market

$920,115

3.2% 1-yr

The average Reading, MA home value is $920,115, up 3.2% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Reading Key Takeaways

Typical Home Values: $920,115

1-year Value Change: +3.2%

(Data through April 30, 2025)

Reading Housing Market Overview

--1-year Market Forecast

42For sale inventory(May 31, 2025)

27New listings(May 31, 2025)

--Median sale to list ratio

--Median sale price(March 31, 2025)

$859,483Median list price(May 31, 2025)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Reading

NameMedian ZHVI
West Side$824,766
Downtown$663,446
Montrose$848,447
East Side$709,713
Woodville$848,093
Greenwood$803,761
Melrose Highlands$889,771
Cedar Park$1,015,046
Downtown$692,666

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Reading Rental Market Trends

$3,080Average rent in Reading(May 31, 2025)

$2,049National average rent(May 31, 2025)

1.8%Month-over-month change(May 31, 2025)

10.0%Year-over-year change(May 31, 2025)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.