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Reading Metro Area Housing

 

As of 2010-2014, median price of a house in Reading Area is $169,200, which is about the same as the state average of $164,900 and is about the same as the national average of $175,700. The median year that a house in Reading Area was built is 1965, which is newer than the median year for a house built in the state which is 1961 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 110,353 Owner Occupied Houses in Reading Area, #196
Reading Area
169,200 USD
Pennsylvania
164,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Reading Area
3.36%
Pennsylvania
70.00%
U.S.
46.91%

*The Reading Area median house price growth rate is since 2005-2009. The Pennsylvania and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Reading AreaPennsylvaniaU.S.
Total Housing Units164,822, see rank, 100%5,578,393132,741,033
Occupied Housing Units153,857, 93.35%, see rank88.87%87.55%
Owner Occupied110,353, 66.95%, see rank61.78%56.34%
Renter Occupied43,504, 26.39%, see rank27.10%31.21%
Vacant Housing Units10,965, 6.65%, see rank11.13%12.45%
For Rent2,873, 1.74%, see rank1.77%2.34%
For Sale Only1,874, 1.14%, see rank1.08%1.20%
Rented or Sold, Not Occupied922, 0.56%, see rank0.87%0.92%
For Seasonal, Recreational, or Occasional Use737, 0.45%, see rank3.08%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant4,559, 2.77%, see rank4.31%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #708
Reading AreaPennsylvaniaU.S.
196519611976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Reading Area%PennsylvaniaU.S.
Owner-Occupied Units110,353100%3,446,23074,787,460
With a Mortgage72,81565.98%, see rank61.86%65.58%
Without a Mortgage37,53834.02%, see rank38.14%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Reading Area
1,508 USD
Pennsylvania
1,443 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsReading Area%PennsylvaniaU.S.
$299 or Less570.08%, see rank0.14%0.20%
$300 to $4997411.02%, see rank1.71%1.59%
$500 to $6992,6673.66%, see rank5.59%5.01%
$700 to $9999,55813.13%, see rank15.72%14.32%
$1,000 to $1,49923,05931.67%, see rank30.12%27.90%
$1,500 to $1,99918,64425.60%, see rank21.20%20.35%
$2,000 to $2,99914,06619.32%, see rank18.03%19.52%
$3,000 or More4,0235.52%, see rank7.50%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Reading Area
23.70% of the Total Income
Pennsylvania
22.70% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Reading Area%PennsylvaniaU.S.
10% or Less3,7305.12%, see rank6.45%5.86%
10% to 20%22,67631.14%, see rank34.37%31.95%
20% to 30%22,61131.05%, see rank28.10%27.64%
30% to 40%10,45014.35%, see rank12.95%13.74%
40% or More13,16318.08%, see rank17.70%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Reading Area
575 USD
Pennsylvania
495 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsReading Area%PennsylvaniaU.S.
$199 or Less7492.00%, see rank3.93%7.76%
$200 to $2992,0475.45%, see rank10.62%14.70%
$300 to $49910,44527.83%, see rank36.51%34.63%
$500 to $69913,60636.25%, see rank26.66%21.16%
$700 or More10,69128.48%, see rank22.28%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Reading Area
14.80% of the Total Income
Pennsylvania
13.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Reading Area%PennsylvaniaU.S.
10% or Less11,09129.55%, see rank35.42%40.19%
10% to 20%13,37035.62%, see rank33.18%31.47%
20% to 30%5,34614.24%, see rank14.06%12.24%
30% to 40%3,3668.97%, see rank6.58%5.64%
40% or More4,21611.23%, see rank9.77%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Reading AreaPennsylvaniaU.S.
Total Housing Units164,822, 100%5,578,393132,741,033
1-unit, Detached91,144, 55.30%, see rank57.06%61.65%
1-unit, Attached38,597, 23.42%, see rank18.34%5.82%
2 Units6,680, 4.05%, see rank4.68%3.75%
3 or 4 Units7,046, 4.27%, see rank4.14%4.43%
5 to 9 Units5,291, 3.21%, see rank3.34%4.78%
10 or More Units10,735, 6.51%, see rank8.30%13.08%
Mobile Home, Boat, RV, Van, etc.5,329, 3.23%, see rank4.13%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Reading AreaPennsylvaniaU.S.
Total Housing Units164,822, 100%5,578,393132,741,033
1 Room2,443, 1.48%, see rank1.73%1.95%
2 Rooms2,133, 1.29%, see rank1.73%2.48%
3 Rooms10,637, 6.45%, see rank7.21%9.13%
4 Rooms18,759, 11.38%, see rank12.40%16.60%
5 Rooms25,065, 15.21%, see rank16.40%20.41%
6 Rooms34,900, 21.17%, see rank21.82%18.06%
7 Rooms25,467, 15.45%, see rank14.82%12.27%
8 Rooms21,144, 12.83%, see rank10.70%8.48%
9 Rooms or More24,274, 14.73%, see rank13.18%10.60%
Median Rooms6.20, see rank6.005.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Reading AreaPennsylvaniaU.S.
Total Housing Units164,822, 100%5,578,393132,741,033
No Bedroom2,669, 1.62%, see rank1.91%2.17%
1 Bedroom15,958, 9.68%, see rank10.50%11.16%
2 Bedrooms33,830, 20.53%, see rank23.23%26.69%
3 Bedrooms67,610, 41.02%, see rank43.09%39.70%
4 Bedrooms35,741, 21.68%, see rank17.04%16.05%
5 or More Bedrooms9,014, 5.47%, see rank4.22%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Reading AreaPennsylvaniaU.S.
Total Housing Units153,857, 100%4,957,736116,211,092
Utility Gas57,370, 37.29%, see rank51.01%48.85%
Bottled, Tank, or LP Gas7,044, 4.58%, see rank3.81%4.86%
Electricity31,595, 20.54%, see rank21.18%36.68%
Fuel Oil, Kerosene, etc.48,982, 31.84%, see rank18.77%5.86%
Coal or Coke1,761, 1.14%, see rank1.37%0.12%
Wood5,306, 3.45%, see rank2.87%2.12%
Solar Energy15, 0.01%, see rank0.03%0.05%
Other Fuel1,240, 0.81%, see rank0.65%0.47%
No Fuel Used544, 0.35%, see rank0.30%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalReading AreaPennsylvaniaU.S.
Occupied Units Paying Rent40,984, 100%1,418,30239,201,928
$199 or Less653, 1.59%, see rank1.98%1.50%
$200 to $2991,562, 3.81%, see rank4.36%3.18%
$300 to $4992,803, 6.84%, see rank9.44%7.37%
$500 to $6998,193, 19.99%, see rank19.30%16.01%
$700 to $99914,453, 35.26%, see rank32.15%29.17%
$1,000 to $1,49911,056, 26.98%, see rank23.68%26.88%
$1,500 to $1,9991,551, 3.78%, see rank5.77%9.79%
$2,000 or More713, 1.74%, see rank3.33%6.10%
Median$849, see rank$832$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Reading AreaPennsylvaniaU.S.
Occupied Housing Units153,857, 100%4,957,736116,211,092
No Vehicles Available14,289, 9.29%, see rank11.52%9.12%
1 Vehicles Available47,288, 30.74%, see rank34.19%33.80%
2 Vehicles Available58,100, 37.76%, see rank36.47%37.48%
3 or More Vehicles Available34,180, 22.22%, see rank17.82%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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