5

Penn's Common Homes for Sale

Section Image
  • /15

    $189,900

    • 5 Beds
    • 1 Bath
    • 2,310 Sq Ft

    1238 Eckert Ave, Reading, PA 19602

    Investor Alert or Perfect for a Future Move-In!This spacious 5 bedroom, 1 bath townhome in Reading offers an excellent opportunity to add to your portfolio or secure a home with strong rental potential. The property is currently occupied by a reliable long-term tenant, providing immediate rental income from day one. Tenant wishes to stay, making this a turnkey investment. The main level

    Christe Steinbrecher RE/MAX Ace Realty

    1238 Eckert Ave, Reading, PA 19602
  • /33

    $214,900

    • 5 Beds
    • 1.5 Baths
    • 2,298 Sq Ft

    1031 Walnut St, Reading, PA 19601

    Welcome to 1031 Walnut St, Reading PA 19601 Located in the heart of Reading City, just steps from the beautiful City Park, this spacious home offers the perfect balance of convenience and comfort. Featuring 5 generously sized bedrooms and 1.5 baths, there’s plenty of room for family, guests, or even a home office setup. Enjoy the vibrant lifestyle that comes with living in the city: walk to local

    Wander Batista EXP Realty, LLC

    1031 Walnut St, Reading, PA 19601
  • /7

    $550,000

    • Studio
    • 4,920 Sq Ft

    1027 Walnut St, Reading, PA 19601

    Calling all investors! 5 Residential Units now available on Walnut St. High traffic count and Central location makes residential units easy to rent. Excellent cash flow for the savvy investor. Current Rental / Lease Income Per Unit/Per Month: Unit/Apartment 1: $900 Unit/Apartment 2: $1200 Unit/Apartment 3: $750 Unit/Apartment 4: $850 Unit/Apartment 5: $850. Can be purchased individually or in a

    Jimmy Thelusca Pagoda Realty

    1027 Walnut St, Reading, PA 19601
  • /21

    $950,000

    • Studio
    • 6,500 Sq Ft

    1049 Penn St, Reading, PA 19601

    Prime multi-unit property with high-visibility and corner Location facing City Park. An exceptional opportunity to own a 4-unit mixed-use property in a prime, high-traffic location. This impressive building features one spacious unit per floor, including 1 ground-floor commercial space and 3 large residential apartments, each offering unique charm and character. It features a premium location

    Zylkia Rivera Keller Williams Platinum Realty - Wyomissing

    1049 Penn St, Reading, PA 19601
  • /2

    $129,950

    • 4 Beds
    • 1 Bath
    • 1,302 Sq Ft

    217 N 10th St, Reading, PA 19601

    Angelo Giannotti RE/MAX Of Reading

    217 N 10th St, Reading, PA 19601

Why Live in Penn's Common

Penn's Common in Reading, Pennsylvania, is a neighborhood with a blend of historic charm and urban living. The area is highlighted by the 50-acre City Park, established by the grandsons of William Penn. Recent renovations have added a splash pad, walking trails, and an all-abilities playground, enhancing the park's appeal. The City Park Bandshell, part of Veterans’ Memorial Grove, hosts concerts and events, adding to the neighborhood's attractions. The residential streets feature early 1900s row homes with varied architectural styles, including red brick and Victorian-era bay windows. Local dining options include numerous mom-and-pop eateries, such as the popular Franklyn’s Breakfast. For groceries, CTown Supermarkets and neighborhood markets like Santa Rita Grocery are conveniently located. The Santander Arena, home to the Reading Royals hockey team, is another local highlight. Education options include the highly rated Fairview Christian School, serving K-12 students. Penn's Common is well-connected, with BARTA buses providing public transit and major cities like Philadelphia and Harrisburg accessible within 60 miles. Despite its urban density, the neighborhood offers a variety of recreational activities and cultural events, making it a vibrant place to live. The community's efforts to improve safety and provide amenities contribute to its unique character.

Frequently Asked Questions

Is Penn's Common a good place to live?
Penn's Common is a good place to live. Penn's Common is considered fairly walkable and somewhat bikeable. Penn's Common has 8 parks for recreational activities. It is very dense in population with 22.8 people per acre and a median age of 35. The average household income is $41,933 which is below the national average. College graduates make up 13.6% of residents. A majority of residents in Penn's Common are renters, with 74.7% of residents renting and 25.3% of residents owning their home. A local real estate agent serving Penn's Common can help you decide if this neighborhood is the right one for you. Learn more on our Penn's Common neighborhood guide.
How much do you need to make to afford a house in Penn's Common?
The median home price in Penn's Common is $185,000. If you put a 20% down payment of $37,000 and had a 30-year fixed mortgage with an interest rate of 6.17%, your estimated principal and interest payment would be $900 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $39K a year to afford the median home price in Penn's Common. The average household income in Penn's Common is $42K.
What are the best public schools in Penn's Common?
The best public schools that serve Penn's Common are:
What are the best private schools in Penn's Common?
The best private schools that serve Penn's Common are:
What are the most popular zip codes in Penn's Common, Reading, PA?
The most popular zip codes in Penn's Common, Reading, PA include 19601, 19602, 19604, 19606 and 19611.
What are the most popular neighborhoods near Penn's Common, Reading, PA?
The most popular neighborhoods near Penn's Common, Reading, PA are Hillside, Southeast Community, Southeast Reading, Saint Mary's and District 6.
Are home prices dropping in Penn's Common?
Yes, home prices in Penn's Common are down 7% in the last 12 months.

Home Trends in Penn's Common, PA

Housing Trends

Median Sale Price
$185,000
Median Single Family Sale Price
$172,500
Average Price Per Sq Ft
$104
Number of Homes for Sale
3
Last 12 months Home Sales
13
Months of Supply
2.80
Median List Price
$185,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
How to Buy a Home How to Finance a Home How to Sell a Home