Housing in Reading, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$155,000

Median List Price

N/A

Price Per Sq Ft

$137

Days on Market

30

Active Inventory

4

Months of Supply

4.0

Balanced market

Zillow Home Value

$164,204

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 27.0%List Price 141.5%Mar 24Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

100.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

103.3%

Seller's market

Sold Above Asking
100.0%
Under Contract in 2 Wks
0.0%

Market Activity

Source: Redfin

Homes Sold

1

Pending Sales

1

Homes Sold 0.0%New Listings 100.0%Pending 0.0%Mar 24Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$137

Sale $/SF 17.1%List $/SF 33.3%Mar 24Dec 25

Reading vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Reading is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$103,300

Median Rent

$741

Total Housing Units

416

Vacancy Rate

9.1%

Owner Occupied

65.3%

Renter Occupied

34.7%

Median Property Tax

$1,142

per year

Monthly Cost (w/ Mortgage)

$639

Housing Types

Single Family
82.5%
Multi-Family
15.4%
Mobile Home
2.2%

The current median sale price in Reading, MI is $155,000 according to Redfin data. Homes spend a median of 30 days on the market. 100.0% of homes sold above asking price. The market has 4.0 months of supply. The median price per square foot is $137. The median rent is $741 per month (Census ACS). About 65.3% of housing units are owner-occupied. The median year homes were built is 1940. There are 416 total housing units.