Why Live in Sinking Spring
Sinking Spring, located about 5 miles west of Reading, PA, is a small suburban borough with a population of 3,000. The town spans 1.5 square miles and features a mix of rowhomes, twins, and single-family homes, reflecting its agricultural and industrial heritage. Housing options range from historic brick or stone exteriors with hardwood floors to newer homes in subdivisions like Brookfield Manor. Penn Avenue serves as the main thoroughfare, lined with businesses, shops, and fast-food franchises. Residents enjoy a variety of things to do, including parks, trails, and minor league sports, all within a 10-minute drive. The nearby city of Reading offers additional attractions such as restaurants, theaters, bars, and the historic FirstEnergy Stadium, home to the Fighting Phils minor league baseball team. West Reading features The Barley Mow, a popular brewery with a backyard beer garden and an extensive craft brew menu. Students in Sinking Spring attend schools in the Wilson School District, which is highly rated for its performance in standardized testing, student progress, and college readiness. The Yocum Institute for Arts Education provides classes and programs in visual arts, dance, yoga, theater, and music, along with a preschool and kindergarten program and summer camps for children.
Frequently Asked Questions
What is the average home price in Sinking Spring, PA?
Homes for sale in Sinking Spring, PA have an average home price of $467,533.
Are home prices dropping in Sinking Spring?
Yes, home prices in Sinking Spring are down 3% in the last 12 months.
How many homes have sold over the last 12 months in Sinking Spring, PA?
38 homes have sold in Sinking Spring, PA over the last 12 months.
Is Sinking Spring, PA a safe city?
What are the most popular zip codes in Sinking Spring, PA?
What are the most popular neighborhoods in Sinking Spring, PA?
How much do you need to make to afford a house in Sinking Spring?
The median home price in Sinking Spring is $336,000. If you put a 20% down payment of $67,200 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,740 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $75K a year to afford the median home price in Sinking Spring.
How are the schools in Sinking Spring, PA?
Home Trends in Sinking Spring, PA
On average, homes in Sinking Spring, PA sell after 15 days on the market compared to the national average of 50 days. The median sale price for homes in Sinking Spring, PA over the last 12 months is $334,000, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$334,000
Median Single Family Sale Price
$337,300
Median Townhouse Sale Price
$250,000
Average Price Per Sq Ft
$162
Number of Homes for Sale
5
Last 12 months Home Sales
38
Median List Price
$336,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%