Reading, MN56165

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$297,000
N/A
Median Household Income
$100,000
63.6% 5-Year Growth
Days on Market
39
33.0% Shorter than last year
Home Price Forecast
N/A
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Reading, MN

As of Oct '25, Realtor.com reports that the median days on market for a home in Reading, MN is 39. This is a decrease of -33.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$297,000-24.0%
Listing Count
133.0%
Listings as % of HomesN/A33.0%
Days on Market
39-33.0%
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Demographics — Reading, MN

As of the latest ACS Survey released in 2023, Reading, MN has a population of 334, which has decreased by -21.2% over the past 5 years. Reading, MN is a moderately popular place for families, as children make up 20.4% of the population. The area has a poorly educated workforce, with 10.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
334-21.2%
% Under 18
20.4%-32.9%
% Seniors
22.5%49.0%
% WFH
14.0%-15.2%
% w/ College Degree
10.3%-39.8%
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As of the latest ACS Survey released in 2023, Reading, MN is a predominantly white area, with 79.3% of the population identifying as white. The white population has shrunk by 15.1% in the last 5 years. The second most common race or ethnicity in Reading, MN is hispanic, making up 18.0% of the population. Foreign-born residents account for 9.6% of the population in Reading, MN, and this percentage has increased by 700.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
79.3%-15.1%
% Black
0.0%N/A
% Hispanic
18.0%445.5%
% Asian
0.3%∞%
% Foreign Born
9.6%700.0%
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Mortgage and Risk — Reading, MN

Reading, MN lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip Code Average
Total Loan Originations
N/A
% Conventional Loans
N/A
% Government Loans
N/A
% Investor Loans
N/A
% Second Loans
N/A
% Cash Out Refinance
N/A

Loan Activity

No data available

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Rentals and Section 8 — Reading, MN

Reading, MN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$770
2 BedroomN/AN/A$1,000
3 BedroomN/AN/A$1,240
4 BedroomN/AN/A$1,400

Affordability — Reading, MN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home PriceN/A
Median Household Income$100,000

Reading, MN — ZIP Code Boundary Map

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Frequently Asked Questions