Why Live in Sinking Spring
Sinking Spring, a suburban borough in the Reading area, features a mix of rowhomes and farmhouses from the early to mid-20th century, reflecting its agricultural and industrial heritage. Located about 5 miles west of Reading, this 1.5 square mile town has a population of 3,000. The area is characterized by its sparser, more rural tracts compared to boroughs closer to the city. Penn Avenue, the main thoroughfare, is lined with businesses, shops, and fast-food franchises. Housing options in Sinking Spring include rows, twins, and single-family homes, many with brick or stone exteriors and hardwood floors, offering historic and rustic charm. Newer housing tracts, such as Brookfield Manor, feature larger homes with up to 5,800 square feet of living space. Residents have access to various parks, trails, and minor league sports within a 10-minute drive. The nearby downtown Reading area offers restaurants, theaters, bars, and venues, including the historic FirstEnergy Stadium, home to the Fighting Phils minor league baseball team. West Reading's Barley Mow brewery and other eateries provide additional entertainment options. Sinking Spring is part of the Wilson School District, with Wilson High School receiving high ratings for standardized testing, student progress, and college readiness. The Yocum Institute for Arts Education offers 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 $480,594.
Are home prices dropping in Sinking Spring?
Yes, home prices in Sinking Spring are down 5% in the last 12 months.
How many homes have sold over the last 12 months in Sinking Spring, PA?
35 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 6.77%, your estimated principal and interest payment would be $1,750 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 13 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 $333,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$333,000
Median Single Family Sale Price
$339,300
Median Townhouse Sale Price
$250,000
Average Price Per Sq Ft
$166
Number of Homes for Sale
4
Last 12 months Home Sales
35
Median List Price
$336,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%