Reading Massachusetts Real Estate

Reading is one of Boston’s larger commuter towns with a population of almost 25,000. It is located just 12 miles north of Boston with access to both major highways Interstate 93 and Interstate 95. Residents may also take the commuter rail into Boston via the Haverhill/Reading commuter rail line that stops at Reading Station. The average commute time to Boston is around 30 minutes, and the train only takes 25 minutes to arrive in downtown Boston. The median home value in Reading is average for a Boston commuter town, around $450,000. The average listing price of homes for sale in Reading, MA is currently $509,000. Reading, MA real estate has seen a home appreciation rate of 9% in the past year, which is something that cannot be said for all nearby communities.

Settlers arrived in Reading in the 1630s, and the town was officially established in 1644. Wakefield was formerly part of Reading until the 1860s when it became its own community. There are many Reading homes and other buildings on the National Register of Historical Places including Parker Tavern, Highland School and the Woburn Street Historic District which consists of two blocks of late 19th century, upper-class homes in the Colonial Revival and Queen Anne styles.

After the installation of the commuter rail in the 20th century, Reading became mostly residential. The median age of residents of Reading is around 41 years. About half of residents are small families and half singles. The elderly only make up about 10% of the population. Although Reading is mostly residential and locals take advantage of entertainment options in nearby Boston and Cambridge, there are still options for dining and entertainment in Reading itself such as the IMAX theater and popular chain restaurants like the Longhorn Steakhouse and Chili’s as well as a few locally-owned establishments.

Reading is located on the edge of Lake Quannapowitt, and the town contains many other green areas where residents can take advantage of trail systems for hiking, biking and skiing. Reading Town Forest, located in northwest Reading, contains 290 acres of hikable land. Other conservation areas include Birch Meadow Park and the Linnaea Thelin Bird Sanctuary. Golfing is another popular outdoor activity in Reading and there are several places to work on your game including the Greens at Thomson Country Club, Paradise Family Golf, Lynnfield Center Golf Club, and OptiGolf in nearby Middleton.

Reading is also known for having a great school system with high graduation rates – around 96%. The district also has a 15 to 1 student/teacher ratio.

Reading is divided into four neighborhoods: North and South Reading, Reading Highlands and Town Center. The Town Center is fairly walkable around Main Street, so if you are looking for Reading, MA apartments or condos, this will be a good place to maintain a not-so-suburban lifestyle. North Reading is where the most affluent of the population resides, and there are higher-priced homes for sale. The median price for Reading rentals was around $1,300 in 2012, but this rate has gone up considerably with the average Reading apartments or lofts costing close to $2000 per month.

Read more about the Reading, MA real estate market as well as Reading attractions and more in the articles below. If you think Reading is the place for you, contact one of our knowledgeable CENTURY 21 real estate agents to start your home search today!

Additional Reading Real Estate Information

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