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Penn's Common Homes for Sale

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  • 1027 Walnut St, Reading, PA 19601
    1027 Walnut St, Reading, PA 19601
    1027 Walnut St, Reading, PA 19601
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    $515,000

    • 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
  • 1238 Eckert Ave, Reading, PA 19602
    1238 Eckert Ave, Reading, PA 19602
    1238 Eckert Ave, Reading, PA 19602
    /15

    $179,900

    • 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
  • 1143 Franklin St, Reading, PA 19602
    1143 Franklin St, Reading, PA 19602
    /2

    $249,900

    • Studio
    • 2,459 Sq Ft

    1143 Franklin St, Reading, PA 19602

    Note that: Roof was done in 2020

    Ricardo J Estime Coldwell Banker Realty

    1143 Franklin St, Reading, PA 19602
  • 1125 Little Cherry St, Reading, PA 19602
    1125 Little Cherry St, Reading, PA 19602
    /2

    $124,900

    • 3 Beds
    • 998 Sq Ft

    1125 Little Cherry St, Reading, PA 19602

    Great opportunity for both investors and first-time homebuyers! This 2-bedroom home at 1125 Little Cherry Street offers solid potential as a rental property or an affordable starter home. Currently tenant-occupied with long-term renters paying $800/month on a month-to-month basis, providing immediate income potential. Located in an established neighborhood with convenient access to local

    Ivonn Reyes Iron Valley Real Estate of Berks

    1125 Little Cherry St, Reading, PA 19602
Pennsylvania Berks County Reading Penn's Common

Real Estate & Homes for Sale in Penn's Common, Reading

Why Live in Penn's Common
Penn's Common is a Reading neighborhood that blends historic charm and urban living. The community is highlighted by the 50-acre City Park, which features a splash pad, walking trails, and an all-abilities playground. The City Park Bandshell, part of Veterans’ Memorial Grove, hosts concerts and events. The residential streets feature early 1900s rowhouses with varied architectural styles and often featuring red brick facades and Victorian-era bay windows. Local dining options include numerous mom-and-pop eateries, like the popular Franklyn’s Breakfast. Residents head to CTown Supermarkets and neighborhood markets like Santa Rita Grocery for food and essentials. The Santander Arena, home to the Reading Royals hockey team, is a local highlight. The neighborhood is split into two zones for elementary and middle school. Some students attend 10th and Penn Elementary School, while others attend 16th and Haak Elementary School. Southern Middle School and Central Middle School serve older kids. Students then head to Reading Senior High School. 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.
Learn more about living in Penn's Common

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 very bikeable with some transit options. 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.
Is Penn's Common, PA a safe neighborhood?
Penn's Common, PA is less safe than the average neighborhood in the United States. It received a crime score of 9 out of 10.
How much do you need to make to afford a house in Penn's Common?
The median home price in Penn's Common is $150,000. If you put a 20% down payment of $30,000 and had a 30-year fixed mortgage with an interest rate of 6.22%, your estimated principal and interest payment would be $740 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $32K a year to afford the median home price in Penn's Common. Learn how much home you can afford with our Home Affordability Calculator. 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 19602, 19601, 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 Southeast Community, Hillside, 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 25% in the last 12 months.

Home Trends in Penn's Common, PA

On average, homes in Penn's Common, Reading sell after 25 days on the market compared to the national average of 55 days. The median sale price for homes in Penn's Common, Reading over the last 12 months is $150,000, down 22% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$150,000
Median Single Family Sale Price
$150,000
Average Price Per Sq Ft
$115
Number of Homes for Sale
2
Last 12 months Home Sales
15
Months of Supply
1.60
Median List Price
$150,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-22%
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