Is Middletown, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Middletown has remained a Seller's Market.
Housing Prices in Middletown, CA
How much do homes in Middletown, CA cost?
Median Sold Price
$375,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Middletown was $375,000 in May 2024, down 3.8% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $237.5K | $300K | +26.3% |
2 Bedrooms | $300K | $310K | +3.3% |
3 Bedrooms | $389.9K | $376K | -3.6% |
4 Bedrooms | $515K | $489K | -5.0% |
5+ Bedrooms | $570K | $522.5K | -8.3% |
Summary: Middletown housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.3%, 2 bedroom homes increased by 3.3%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 8.3%.
Median Sold Price Compared To Nearby Cities
Lower Lake | $424.7K | $447.5K | +5.4% |
Cobb | $304.5K | $307.5K | +1.0% |
Middletown | $390K | $375K | -3.8% |
Hidden Valley Lake | $389.9K | $375K | -3.8% |
Housing Supply in Middletown, CA
How many homes are available in Middletown, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
104 | 113 | +8.7% |
Summary: The Middletown real estate market had 113 homes for sale in May 2024, a 8.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 16 | 17 | +6.3% |
3 Bedrooms | 63 | 66 | +4.8% |
4 Bedrooms | 10 | 15 | +50.0% |
5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The Middletown housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 19 | 0.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Middletown in May 2024, the same as the previous month. Of the 19 sold homes, 63% were sold under asking, 21% were sold at asking, and 16% were sold over asking.
Days on Market for Middletown, CA
How long does it take to sell a home in Middletown, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
75 Days | 62 Days | -17.6% |
Summary: Homes in Middletown had an average of 62 days on market in May 2024, down by 17.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 19 homes were sold in Middletown; 42% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.