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Reading, MA
Full City Profile · Massachusetts · Suffolk County County
3.9
/5.0
B+
Good
25,448
Population
2,550/sq mi density
$163,725
Median Income
$71,474 per capita
$741,100
Home Value
$894,581 Zillow
$1,722
Median Rent
24.7% income on rent
51°F
Avg Temperature
259 sunny days/yr
12
Violent Crime/100K
458 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$163,725 median income, 2.1% unemployment
A
Affordability
4.1 / 5.0
$741,100 home value, $1,722/mo rent
D
Safety
1.5 / 5.0
12 violent crimes/100K
A+
Education
5.0 / 5.0
65.1% bachelor's degree or higher
Housing Overview
Median Home Value
$741,100
163% above
US avg: $281,900
Median Rent
$1,722/mo
48% above
US avg: $1,163/mo
Homeownership Rate
83.1%
27% above US avg (65.4%)
Total Housing Units
9,727
Median year built: 1958
Home Value by Source
Census Median
$741,100
Zillow (ZHVI)
$894,581
Median Sale Price
$857,500
Median List Price
$879,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
83.1%
Owner-Occupied
16.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,727/mo
1 Bedroom
$1,822/mo
2 Bedroom
$2,300/mo
3 Bedroom
$2,858/mo
4 Bedroom
$3,232/mo
Census median rent:
$1,722/mo
· Zillow rent:
$3,234/mo
Market Indicators (Redfin)
Median Days on Market
21 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
5.3%
of listings with price reduction
Price Per Sq Ft
$484
Active Inventory
19
homes for sale
Affordability & Housing Stock
Rent Burden
24.7%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
83.1%
Complete Housing Data
Home Values
| Census Median Value | $741,100 |
| Zillow Home Value (ZHVI) | $894,581 |
| Median Sale Price | $857,500 |
| Median List Price | $879,450 |
| Price Per Sq Ft | $484 |
Rent
| Census Median Rent | $1,722 |
| Zillow Rent (ZORI) | $3,234 |
| FMR Studio | $1,727 |
| FMR 1-Bedroom | $1,822 |
| FMR 2-Bedroom | $2,300 |
| FMR 3-Bedroom | $2,858 |
| FMR 4-Bedroom | $3,232 |
Market
| Days on Market | 21 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 5.3% |
| Homes Sold | 8 |
| Active Inventory | 19 |
| Price Per Sq Ft | $484 |
Ownership & Stock
| Owner-Occupied | 83.1% |
| Renter-Occupied | 16.9% |
| Homeownership Rate | 83.1% |
| Total Housing Units | 9,727 |
| Median Year Built | 1958 |
| Rent Burden | 24.7% |