Northwest Reading Housing Market Report March 2025•Berks County, Pennsylvania

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Housing Prices in Northwest Reading, PA

How much do homes in Northwest Reading, PA cost?

Housing Market Conditions

Is Northwest Reading, PA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Northwest Reading is a Seller's Market

Difference Since March 2024

Since last year, Northwest Reading has remained a Seller's Market.

Insight

Northwest Reading is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$183,000$110/SqFt
+$34,000
+22.8%

Based on all homes sold in the last 12 months

Insight

Homes in Northwest Reading have sold for 22.8% more than they did a year ago.

Summary: The median home sold price in Northwest Reading was $183,000 in March 2025, up 22.8% from last year, and the median price per square foot was $110.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Queen Anne Historic District
+27.5%
Centre Park Historic District
+23.4%
Northwest Reading
+22.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1--
N/A
2$130K$135.5K
+4.2%
3$120K$127.5K
+6.3%
4$135K$172K
+27.4%
5$158.5K$193.7K
+22.2%

Summary: Northwest Reading housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +4.2%. The home price for 3 bedroom homes increased by +6.3%. The home price for 4 bedroom homes increased by +27.4%. The home price for 5 bedroom homes increased by +22.2%.

How does Northwest Reading, PA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Northwest Reading, PA

Housing supply in Northwest Reading, PA

How many homes are available in Northwest Reading, PA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
33Last MonthMar 2025
262 months agoFeb 2025
+26.9 %
Change MoMFeb – Mar

Summary: The Northwest Reading real estate market had 33 homes for sale in Mar 2025, a 26.9 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
11Last MonthMar 2025
52 months agoFeb 2025
+120.0 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
100
0.0%
210
-100.0%
3810
+25.0%
455
0.0%
51218
+50.0%

Summary: Northwest Reading housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -100.0%. The inventory for 3 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +50.0%.

Asking Price vs. Sold Price

How much do homes in Northwest Reading, PA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price5 Homes

At Asking Price4 Homes

Under Asking Price2 Homes

Insight

If you're buying a home in Northwest Reading, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Northwest Reading in March 2025, up by 120.0% month-over-month. Of the 11 sold homes, 18% were sold under asking, 36% were sold at asking, and and 45% were sold over asking.

Days on Market for Northwest Reading, PA

How long does it take to sell a home in Northwest Reading, PA?

Breakdown of Home Sale Times

Under 30 Days6 Homes

30 – 90 Days5 Homes

Over 90 Days0 Home

Insight

Many homes in Northwest Reading are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 11 homes were sold in Northwest Reading; 55% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
24 DaysThis YearMar 2025
10 Days1 year agoMar 2024
+126.7 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Northwest Reading had an average listing age of 24 days in Mar 2025, up by 126.7% compared to the previous year.

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Newest Listings in Northwest Reading, PA

What homes are available in Northwest Reading, PA?

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MLS Disclaimers and Copyright

Based on information from BrightMLS, and Greater Lehigh Valley MLS for the period 04/01/2023 - 04/01/2025

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/17/2025, 2:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Lehigh Valley REALTORS®. The MLS Listing Information has not been verified and is not guaranteed by MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2025 Greater Lehigh Valley REALTORS® All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/17/2025, 2:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.