Reading, MA Real Estate

According to census data in the year 2000 there were 8,823 housing units in Reading. This represents a 8.9% growth from 8,104 in 1990.

Of those housing units, 8,823 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 82.4%. Reading's vacancy rate, including seasonal lodging, is about 1.5%. Average household size is 2.71 people.

The majority of houses, apartments or condos in Reading were built after 1955.


Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom9.60%
Two Bedrooms19%
Three Bedrooms37.90%
Four Bedrooms24.80%
Five Bedrooms or more6.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.91
Median year structure was built1955
Median Value of occupied units$271,600
Median Price asked for vacant units$247,900

Rented Homes, Apartments and Condos

Average Household Size1.76
Median year structure was built1961
Median Monthly Rent asked for vacant units$683

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage4.70%
Home Equity Loan12.10%
Simple Mortgage55.60%
Debt Free27.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.7%