Is New Middletown, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, New Middletown was a Buyer's Market.
Key Takeaway
New Middletown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New Middletown, OH
How much do homes in New Middletown, OH cost?
Median Sold Price
$230,100
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in New Middletown have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in New Middletown was $230,100 in March 2024, up 7.8% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $86K | $125K | +45.3% |
| 3 Bedrooms | $207K | $230K | +11.1% |
| 4 Bedrooms | $271.2K | $240K | -11.5% |
| 5+ Bedrooms | $295.5K | $425K | +43.8% |
Summary: New Middletown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 45.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes increased by 43.8%.
Median Sold Price Compared To Nearby Cities
| New Middletown | $213.4K | $230.1K | +7.8% |
| Springfield Township | $178K | $182.7K | +2.7% |
Housing Supply in New Middletown, OH
How many homes are available in New Middletown, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The New Middletown real estate market had 10 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The New Middletown housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in New Middletown, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in New Middletown in March 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for New Middletown, OH
How long does it take to sell a home in New Middletown, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 31 Days | 198 Days | +540.3% |
Summary: Homes in New Middletown had an average of 198 days on market in Mar 2024, up by 540.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in New Middletown are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 2 homes were sold in New Middletown; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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