Is Middletown, PA 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, Middletown was a Buyer'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, PA
How much do homes in Middletown, PA cost?
Median Sold Price
$222,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Middletown have sold for 26.9% more than they did a year ago.
Summary: The median home sold price in Middletown was $222,000 in March 2024, up 26.9% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $384K | N/A |
| 2 Bedrooms | $158K | $176.5K | +11.7% |
| 3 Bedrooms | $175K | $223K | +27.4% |
| 4 Bedrooms | $200K | $277.5K | +38.8% |
| 5+ Bedrooms | $372.7K | $447K | +19.9% |
Summary: 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 11.7%, 3 bedroom homes increased by 27.4%, 4 bedroom homes increased by 38.8%, and 5+ bedroom homes increased by 19.9%.
Median Sold Price Compared To Nearby Cities
| Middletown | $175K | $222K | +26.9% |
| Lower Swatara Township | $210K | $235K | +11.9% |
Housing Supply in Middletown, PA
How many homes are available in Middletown, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 54 | 55 | +1.9% |
Summary: The Middletown real estate market had 55 homes for sale in March 2024, a 1.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 28 | 29 | +3.6% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 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 increased by 22.2%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 16 | +100.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middletown, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Middletown in March 2024, up by 100.0% month-over-month. Of the 16 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for Middletown, PA
How long does it take to sell a home in Middletown, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 6 Days | 14 Days | +144.8% |
Summary: Homes in Middletown had an average of 14 days on market in Mar 2024, up by 144.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was 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, 16 homes were sold in Middletown; 94% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
