Is Middletown, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Middletown was a Seller's Market.
Housing Prices in Middletown, CA
How much do homes in Middletown, CA cost?
Median Sold Price
$385,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Middletown was $385,000 in June 2024, down 1% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $237.5K | $390K | +64.2% |
2 Bedrooms | $301K | $300K | -0.3% |
3 Bedrooms | $389K | $389.9K | 0.2% |
4 Bedrooms | $515K | $480.5K | -6.7% |
5+ Bedrooms | $499.9K | $565K | +13.0% |
Summary: Middletown housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 64.2%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 0.2%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 13%.
Median Sold Price Compared To Nearby Cities
Hidden Valley Lake | $389.9K | $389.9K | 0.0% |
Lower Lake | $436.5K | $435K | -0.3% |
Middletown | $389K | $385K | -1.0% |
Cobb | $315K | $307.5K | -2.4% |
Housing Supply in Middletown, CA
How many homes are available in Middletown, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
112 | 122 | +8.9% |
Summary: The Middletown real estate market had 122 homes for sale in June 2024, a 8.9% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 18 | 19 | +5.6% |
3 Bedrooms | 65 | 72 | +10.8% |
4 Bedrooms | 15 | 16 | +6.7% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Middletown housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
20 | 16 | -20.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Middletown in June 2024, down by 20.0% month-over-month. Of the 16 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
37 Days | 71 Days | +87.8% |
Summary: Homes in Middletown had an average of 71 days on market in Jun 2024, up by 87.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During June 2024, 16 homes were sold in Middletown; 19% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.