Market Overview
Home Prices in North Reading, MA
The median home value in North Reading, MA is $843,084 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.5% compared to a year ago and up 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in North Reading are priced106% above average. North Reading is part of the Boston-Cambridge-Newton, MA-NH metro area.
Over the past five years, North Reading home values have risen by approximately21.7%, reflecting strong long-term appreciation in this market.
Price History
North Reading Home Price Trend
City Comparison
North Reading vs. National Median
At $843,084, homes in North Reading cost 106% above the national median of $410,000. Buyers in North Reading should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in North Reading?
20% Down Payment
$168,617
on $843,084
Monthly P&I
$4,397/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,584/mo
incl. taxes & insurance
Income Needed
$223,360
gross annual (30% rule)
10% Down Option
$84,308
+ PMI applies
Loan Amount (20% dn)
$674,467
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in North Reading, MA?
The median home value in North Reading is $843,084 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.5% year-over-year.
How much have home prices changed in North Reading?
Over the past year, home values in North Reading have increased by 2.5%. Over five years, prices have risen approximately 21.7%.
How much do I need to earn to buy a home in North Reading?
To comfortably afford the median home price of $843,084 with a 20% down payment ($168,617) at today's rates (6.8%), you'd need a gross annual income of approximately $223,360. This assumes keeping total housing costs at or below 30% of gross income.
How does North Reading compare to the national average home price?
The national median home value is approximately $410,000. At $843,084, homes in North Reading are 106% above the national average.
What metro area is North Reading part of?
North Reading is part of the Boston-Cambridge-Newton, MA-NH metropolitan area. Home prices and market conditions can vary across the broader metro region.