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READING, MI 49274

Real Estate Market Report  ·  Hillsdale County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
9
⇩ 25% vs 12 last year
Pending
1
11% pending ratio
Median Price
$189,900
⇩ 6.1% vs $202,200 last year
Average Price
$226,700
⇩ 18.7% vs $278,805 last year
Days on Market
99
⇧ 67.8% vs 59 days last year

Market Context

Population: 3,727  ·  Density: 23.3/mi²  ·  Median household income: $55,333

Typical home value: $156,961  ·  Homeownership: 80.1%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The READING, MI real estate market (49274) currently shows 9 active listings, with 1 pending sales. Homes are averaging 99 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 99 days on market compared to 59 days last year.

The median listing price has fallen 6.1% year-over-year, from $202,200 to $189,900.

Whether you are buying or selling in READING, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 9 this year vs 12 last year
  • Days on market: 99 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $189,900 (-6.1% YoY)
  • Average: $226,700 (-18.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.8 miles — 214 listings ($76,725,151 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49274Reading, MI 492740.0 mi9$2,040,300$189,900$226,700
49227Allen, MI 492277.8 mi3$899,700$299,900$299,900
49242Hillsdale, MI 492428.3 mi61$20,401,572$285,000$334,452
49266Osseo, MI 4926611.2 mi8$1,607,600$194,450$200,950
49252Litchfield, MI 4925213.9 mi8$2,359,520$349,999$294,940
49250Jonesville, MI 4925014.5 mi13$3,485,872$260,000$268,144
43554Pioneer, OH 4355416.0 mi4$635,676$169,900$158,919
43543Montpelier, OH 4354317.3 mi22$4,835,270$177,900$219,785
46703Angola, IN 4670317.9 mi58$32,917,900$388,900$567,550
49241Hanover, MI 4924120.1 mi4$1,233,464$347,500$308,366
46742Hamilton, IN 4674220.7 mi7$2,805,320$425,000$400,760
49245Homer, MI 4924521.2 mi8$1,791,040$275,000$223,880
49247Hudson, MI 4924721.8 mi9$1,711,917$170,950$190,213

Frequently Asked Questions

How many homes are for sale in READING, MI 49274?

As of January 2026, there are 9 active listings in READING, MI (zip code 49274), compared to 12 the prior year.

What is the median home price in READING, MI 49274?

The median listing price in READING, MI 49274 is $189,900 as of January 2026, a 6.1% decrease from $202,200 the prior year.

How long do homes stay on the market in READING, MI?

Homes in READING, MI 49274 spend an average of 99 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in READING, MI 49274?

Based on current inventory and days-on-market data as of January 2026, READING, MI 49274 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 99 days on market compared to 59 days last year.

How much can I save on real estate commission in READING, MI?

With SELL123.com's maximum 3% commission, sellers in READING, MI 49274 save an estimated $3,798 compared to a typical 5% commission on the median listing price of $189,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.