19608, Reading, PA

Reading, Pennsylvania is located in the southeastern corner of the state and has a population of around 97,000. The median household income in Reading is $51,000 and the median home value is $164,900.

The zip code of Reading includes approximately 33% of residents who are homeowners and 67% who are renters. The average home value in this zip code increased by 5.5% from 2007 to 2016. Home equity in Reading increased by an average of 9.2% during that time period.

There are a number of factors that may have contributed to the increase in home values in Reading over the past decade or so. First and foremost, Reading has seen steady population growth over that time period which has driven up demand for housing units and consequently increased prices. Additionally, there has been an increasing amount of investment money flowing into residential real estate markets across the country due to low interest rates and strong economic conditions overall. Finally, Reading is located within close proximity to both Philadelphia and Baltimore which makes it a desirable location for people looking for suburban living without having to deal with high traffic congestion or expensive urban living costs.