Is Middletown, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Middletown has remained a Seller's Market.
Housing Prices in Middletown, CT
How much do homes in Middletown, CT cost?
Median Sold Price
$283,666
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Middletown was $283,666 in March 2024, up 5.1% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $117K | $148.6K | +27.0% |
2 Bedrooms | $177K | $215K | +21.5% |
3 Bedrooms | $293.5K | $317K | +8.0% |
4 Bedrooms | $321.1K | $329.9K | +2.7% |
5+ Bedrooms | $310K | $375K | +21.0% |
Summary: Middletown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27%, 2 bedroom homes increased by 21.5%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 21%.
Housing Supply in Middletown, CT
How many homes are available in Middletown, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
115 | 112 | -2.6% |
Summary: The Middletown real estate market had 112 homes for sale in March 2024, a 2.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 7 | -12.5% |
2 Bedrooms | 34 | 37 | +8.8% |
3 Bedrooms | 50 | 42 | -16.0% |
4 Bedrooms | 18 | 19 | +5.6% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Middletown housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 8.8%, 3 bedroom homes decreased by 16%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
29 | 34 | +17.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Middletown in March 2024, up by 17.2% month-over-month. Of the 34 sold homes, 21% were sold under asking, 9% were sold at asking, and 71% were sold over asking.
Days on Market for Middletown, CT
We’re sorry, we don't have information for this market at the moment