Reading, PA Real Estate

According to census data in the year 2000 there were 34,309 housing units in Reading. This represents a 0.1% growth from 34,276 in 1990.

Of those housing units, 34,309 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Reading is about 51%. Reading's vacancy rate, including seasonal lodging, is about 12.2%. Average household size is 2.63 people.

The majority of houses, apartments or condos in Reading were built after 1939.


Housing Size

Housing Units by Size
Studio Type4.30%
One Bedroom20.90%
Two Bedrooms22.20%
Three Bedrooms28.30%
Four Bedrooms13.90%
Five Bedrooms or more10.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1939
Median Value of occupied units$44,500
Median Price asked for vacant units$30,200

Rented Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1942
Median Monthly Rent asked for vacant units$394

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage5.30%
Home Equity Loan7%
Simple Mortgage48.10%
Debt Free39.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.4%