House Prices

House Prices & Home Values Reading, MN 2026


Average Data

average house price$254,850
average size per house2159 ft²
average price per ft²119 $ / ft²

05/02/2026 - The value range (VR) for house prices in Reading, MN is $118/ sqft to $118/ sqft. An average home with 2159 sqft costs approximately $254,762 to $254,762. Reading, MN includes 1 ZIP codes and it is located in Nobles county. The lowest prices are found in ZIP 56165, while the highest are in ZIP 56165. The average price per sqare feet is $119. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Reading

56165121 $ / ft²




Historical development of home values in Reading

Year Estimated value (USD) Change vs. 2025
2010 $118,357 -53.6%
2011 $113,780 -55.4%
2012 $113,474 -55.5%
2013 $117,715 -53.8%
2014 $123,568 -51.5%
2015 $129,910 -49.0%
2016 $136,690 -46.4%
2017 $144,068 -43.5%
2018 $152,033 -40.3%
2019 $159,082 -37.6%
2020 $167,306 -34.4%
2021 $190,292 -25.3%
2022 $221,838 -13.0%
2023 $233,939 -8.2%
2024 $247,472 -2.9%
2025 $254,850 0.0%

Graph: estimated home values in Reading over time (USD)



Example: 100% financing house in Reading

Loan amount: $254,850

Interest rate: 6.00%

Fixed monthly payment: $1,527.95

Breakdown in the 1st month:
Interest portion: $1,274.25  –  Principal portion: $253.70

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $15,205.87 $3,129.59 $251,720.41
2 $15,012.84 $3,322.61 $248,397.80
3 $14,807.91 $3,527.55 $244,870.25
4 $14,590.34 $3,745.12 $241,125.14
5 $14,359.35 $3,976.11 $237,149.03
6 $14,114.11 $4,221.35 $232,927.68
7 $13,853.75 $4,481.71 $228,445.97
8 $13,577.32 $4,758.13 $223,687.84
9 $13,283.85 $5,051.60 $218,636.24
10 $12,972.28 $5,363.17 $213,273.07
11 $12,641.49 $5,693.96 $207,579.11
12 $12,290.30 $6,045.15 $201,533.96
13 $11,917.45 $6,418.00 $195,115.95
14 $11,521.60 $6,813.85 $188,302.10
15 $11,101.34 $7,234.12 $181,067.98
16 $10,655.15 $7,680.30 $173,387.68
17 $10,181.45 $8,154.01 $165,233.67
18 $9,678.53 $8,656.93 $156,576.75
19 $9,144.59 $9,190.87 $147,385.88
20 $8,577.71 $9,757.74 $137,628.14
21 $7,975.88 $10,359.58 $127,268.56
22 $7,336.92 $10,998.53 $116,270.03
23 $6,658.56 $11,676.90 $104,593.14
24 $5,938.35 $12,397.10 $92,196.03
25 $5,173.73 $13,161.73 $79,034.30
26 $4,361.94 $13,973.52 $65,060.79
27 $3,500.08 $14,835.37 $50,225.42
28 $2,585.07 $15,750.38 $34,475.03
29 $1,613.62 $16,721.83 $17,753.20
30 $582.25 $17,753.20 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Reading, MN


1500 sqft3900 sqft
Ø selling price$215,986$459,460
Ø fast selling$196,351$413,514
Ø high price sale$235,621$505,405

In 2026, houses in Reading, MN will be offered at an average price of $119 per square foot. A 1,500 sqft home priced at $215,986 is 23.44% more expensive per square foot than a 3,900 sqft home priced at $459,460. Home prices in Reading, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $318,087. Sellers who can wait longer may achieve a higher price of up to $388,774.

FAQ – Home Values in Reading

What is the median home value in Reading in 2026?

In 2026, the typical home value in Reading is about $254,850 for an average home size of 2159 square feet. This corresponds to an average price of roughly $119 per square foot.

What is the average cost per square foot in Reading?

In 2026, homes in Reading sell for an average of around $119 per square foot, with a typical range between $118 and $118 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Reading is about 2159 square feet, with an estimated 2026 value around $254,850.



Locations close to Reading, MN

Revere, MN61 $ / ft²
Round Lake, MN137 $ / ft²
Rushmore, MN105 $ / ft²
Pipestone, MN80 $ / ft²
Ormsby, MN38 $ / ft²
Okabena, MN72 $ / ft²
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