Is Middletown, NY 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.
Key Takeaway
Middletown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Middletown, NY
How much do homes in Middletown, NY cost?
Median Sold Price
$365,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Middletown have sold for 12.4% more than they did a year ago.
Summary: The median home sold price in Middletown was $365,000 in March 2024, up 12.4% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $154K | $165K | +7.1% |
| 2 Bedrooms | $239K | $275K | +15.1% |
| 3 Bedrooms | $325K | $355K | +9.2% |
| 4 Bedrooms | $399K | $435K | +9.0% |
| 5+ Bedrooms | $412.2K | $425K | +3.1% |
Summary: Middletown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 15.1%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 3.1%.
Housing Supply in Middletown, NY
How many homes are available in Middletown, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 213 | 208 | -2.3% |
Summary: The Middletown real estate market had 208 homes for sale in March 2024, a 2.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 29 | 32 | +10.3% |
| 3 Bedrooms | 100 | 92 | -8.0% |
| 4 Bedrooms | 55 | 57 | +3.6% |
| 5+ Bedrooms | 24 | 23 | -4.2% |
Summary: The Middletown housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 10.3%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 4.2%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 36 | 35 | -2.8% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middletown, you could pay more than the asking price. 51.4% of homes here sold above asking price last month.
Summary: A total of 35 homes were sold or pending in Middletown in March 2024, down by 2.8% month-over-month. Of the 35 sold homes, 37% were sold under asking, 11% were sold at asking, and 51% were sold over asking.
Days on Market for Middletown, NY
How long does it take to sell a home in Middletown, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 46 Days | 50 Days | +8.1% |
Summary: Homes in Middletown had an average of 50 days on market in Mar 2024, up by 8.1% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Middletown are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 35 homes were sold in Middletown; 49% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally 
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. 
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