Comprehensive market data and analysis• Updated Dec 2025
7.8 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 4 | 7 | 16 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | 1 | 2 |
| 5-10 acres | - | - | 1 | 1 |
| 10-20 acres | - | - | 1 | 2 |
| 20-50 acres | 1 | 1 | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 5 | 11 | 22 |
Acreage buckets
The median price for land in Reading, Pennsylvania is currently $185K per acre. For a typical parcel, the median sale price is $66K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $13K while premium lots reached $213K.
Reading, Pennsylvania is currently a balanced market with 7.8 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have decreased 20.6% year-over-year.
Reading, Pennsylvania currently has 7.8 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
Over the past 12 months, Reading, Pennsylvania saw 22 properties sold, totaling $2.6M in sales volume. In just the last 3 months, 5 properties changed hands.
The current absorption rate in Reading, Pennsylvania is 12.8% (3-month basis), indicating moderate demand. With depreciating values (-20.6% YoY), buyers may find value opportunities. The top-performing broker in this market is RE/MAX Of Reading.
The 3-month absorption rate in Reading, Pennsylvania is 12.8%. The 12-month rate is 14.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Reading, Pennsylvania averages $290K per acre. The median price per acre is $185K, which may be more representative of typical transactions. Most parcels sold are around 14,374 sq ft.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
