Is Middletown, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Middletown has remained a Seller's Market.
Housing Prices in Middletown, MD
How much do homes in Middletown, MD cost?
Median Sold Price
$545,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Middletown was $545,000 in April 2024, up 0.9% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $170K | $285K | +67.6% |
2 Bedrooms | $367.5K | $337.5K | -8.2% |
3 Bedrooms | $429K | $432.5K | +0.8% |
4 Bedrooms | $600K | $600K | 0.0% |
5+ Bedrooms | $695K | $715K | +2.9% |
Summary: Middletown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 67.6%, 2 bedroom homes decreased by 8.2%, 3 bedroom homes increased by 0.8%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 2.9%.
Housing Supply in Middletown, MD
How many homes are available in Middletown, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 28 | +3.7% |
Summary: The Middletown real estate market had 28 homes for sale in April 2024, a 3.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 13 | 12 | -7.7% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Middletown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 5 | -28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Middletown in April 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Middletown, MD
How long does it take to sell a home in Middletown, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 9 Days | -61.7% |
Summary: Homes in Middletown had an average of 9 days on market in Apr 2024, down by 61.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Middletown; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.