Is Middletown, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middletown is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Middletown has remained a Seller's Market.

Key Takeaway

Middletown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Middletown, CT cost?

Median Sold Price

$262,625

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$21,082(+8.7%)

Key Takeaway

Homes in Middletown have sold for 8.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $99K$110K
+11.1%
2 $160.2K$172.5K
+7.6%
3 $262.5K$285K
+8.6%
4 $305K$312K
+2.3%
5+ $293.4K$306.5K
+4.5%

Median Sold Price Compared To Nearby Cities

Rockfall
+28.8%
Portland
+15.2%
Middletown
+8.7%
Cromwell
+6.0%
Middlefield
+5.3%

How many homes are available in Middletown, CT?

Number of Homes For Sale

Oct 2022Nov 2022%
156131-16.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 76
-14.3%
2 3523
-34.3%
3 7268
-5.6%
4 2823
-17.9%
5+ 1411
-21.4%

Number of Homes Sold

Oct 2022Nov 2022%
5152+2.0%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Middletown, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Middletown, CT

Middletown, CT has 131 homes on the market. The number of homes for sale in Middletown, CT decreased by 16% between October 2022 and November 2022. Listing prices have changed in this real estate market between October 2022 and November 2022: 1 bedroom properties became 11.1% more expensive, 2 bedrooms properties prices increased by 7.6%, 3 bedrooms properties prices increased by 8.6%, prices of 4 bedrooms properties increased by 2.3%, prices of 5 bedrooms properties increased by 4.5%. Housing inventory have changed in this real estate market: 1 bedroom homes became 14.3% less available, volume of 2 bedrooms homes went down by 34.3%, number of 3 bedrooms homes decreased by 5.6%, volume of 4 bedrooms homes went down by 17.9%, number of 5 bedrooms homes decreased by 21.4%. While more than 26 listings in Middletown, CT in November 2022 were sold above asking price, there were more than 3 listings sold at asking price, and more than 23 were sold below.

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