$349,900
$45K PRICE DROP
- 7 Beds
- 3 Baths
- 4,570 Sq Ft
226 S 5th St, Reading, PA 19602
Anthony Borelli
Century 21 Gold
Frequently Asked Questions
Is Downtown Reading a good place to live?
Downtown Reading is a good place to live. Downtown Reading is considered very walkable and bikeable with good transit options. Downtown Reading has 7 parks for recreational activities.It is very dense in population with 20.0 people per acre and a median age of 36. The average household income is $29,913 which is below the national average. College graduates make up 9.6% of residents. A majority of residents in Downtown Reading are renters, with 87% of residents renting and 13% of residents owning their home. A local real estate agent serving Downtown Reading can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Reading neighborhood guide.
How much do you need to make to afford a house in Downtown Reading?
The median home price in Downtown Reading is $207,000. If you put a 20% down payment of $41,400 and had a 30-year fixed mortgage with an interest rate of 6.76%, your estimated principal and interest payment would be $1,080 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $46K a year to afford the median home price in Downtown Reading. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Downtown Reading is $30K.
What are the best public schools in Downtown Reading?
The best public schools that serve Downtown Reading are:
- Reading Senior High School has a C- Niche grade, a student teacher ratio of 20:1 and an average review score of 3.3.
- Tyson-Schoener Elementary School has a D+ Niche grade and a student teacher ratio of 13:1.
- Lauer's Park Elementary School has a D+ Niche grade and a student teacher ratio of 15:1.
What are the best private schools in Downtown Reading?
The best private schools that serve Downtown Reading are:
- Berks Catholic High School has an A- Niche grade, a student teacher ratio of 17:1 and an average review score of 4.1.
- Reading Seventh-day Adventist Junior Academy has a student teacher ratio of 10:1 and an average review score of 4.5.
- St Margaret School has a student teacher ratio of 13:1.
What are the most popular zip codes in Downtown Reading, Reading, PA?
What are the most popular neighborhoods near Downtown Reading, Reading, PA?
The most popular neighborhoods near Downtown Reading, Reading, PA are Reading City Center, Southeast Reading, Sixth Ward, Southeast Community and Penn's Common.
Are home prices dropping in Downtown Reading?
Yes, home prices in Downtown Reading are down 21% in the last 12 months.
