19606, Reading, PA

Reading, Pennsylvania is a city located in Berks County. According to the 2010 census, Reading's population was 97,811. The city has a total area of 10.5 square miles and is home to the Reading Railroad Museum.

Home equity in Reading peaked in 2006 at $269 billion according to Zillow. However, since then home values have decreased by about 20%. In 2016, the median home value in Reading was $153,000. Home prices are lower than they were 10 years ago due to a combination of factors including low interest rates and increased competition from other cities across the country.

Despite the decrease in home values over the past decade or so, homeownership rates have remained relatively stable at around 63%. This indicates that many people who live in Reading are still able to get access to affordable housing despite fluctuations in home prices. Additionally, there has been an increase in new development projects within Reading over the past few years which may help spur further growth in home values over time.