Is Middletown Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Middletown Township has remained a Seller's Market.
Key Takeaway
Middletown Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Middletown Township, PA
How much do homes in Middletown Township, PA cost?
Median Sold Price
$400,133
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
The sold price of homes in Middletown Township has remained the same since last year.
Summary: The median home sold price in Middletown Township was $400,133 in June 2024, the same as last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $244.7K | $255K | +4.2% |
| 2 Bedrooms | $279K | $253K | -9.3% |
| 3 Bedrooms | $370.7K | $352.9K | -4.8% |
| 4 Bedrooms | $435.5K | $461K | +5.9% |
| 5+ Bedrooms | $485K | $510K | +5.2% |
Summary: Middletown Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes decreased by 9.3%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 5.2%.
Median Sold Price Compared To Nearby Cities
| Langhorne | $500K | $503K | +0.6% |
| Middletown Township | $399.9K | $400.1K | 0.0% |
Housing Supply in Middletown Township, PA
How many homes are available in Middletown Township, PA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 164 | 148 | -9.8% |
Summary: The Middletown Township real estate market had 148 homes for sale in June 2024, a 9.8% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 20 | 16 | -20.0% |
| 3 Bedrooms | 72 | 66 | -8.3% |
| 4 Bedrooms | 62 | 58 | -6.5% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Middletown Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 58 | 42 | -27.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middletown Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 42 homes were sold or pending in Middletown Township in June 2024, down by 27.6% month-over-month. Of the 42 sold homes, 12% were sold under asking, 21% were sold at asking, and 67% were sold over asking.
Days on Market for Middletown Township, PA
How long does it take to sell a home in Middletown Township, PA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 16 Days | 12 Days | -24.3% |
Summary: Homes in Middletown Township had an average of 12 days on market in Jun 2024, down by 24.3% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Middletown Township are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 42 homes were sold in Middletown Township; 88% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
