Is Middletown Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middletown Township is a seller's market

Buyer's
Market

Difference Since February 2022

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.

How much do homes in Middletown Township, PA cost?

Median Sold Price

$440,000

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$45,000(+11.4%)

Key Takeaway

Homes in Middletown Township have sold for 11.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $180K$220K
+22.2%
2 $299.5K$391K
+30.6%
3 $364K$414.5K
+13.9%
4 $400K$465K
+16.3%
5+ $450K$470K
+4.4%

How many homes are available in Middletown Township, PA?

Number of Homes For Sale

Jan 2023Feb 2023%
7388+20.5%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 21
-50.0%
2 68
+33.3%
3 2833
+17.9%
4 2633
+26.9%
5+ 1113
+18.2%

Number of Homes Sold

Jan 2023Feb 2023%
1622+37.5%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Middletown Township, you may be able to get a good deal. 40.9% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
17 Days40 Days+128.8%

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Middletown Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Middletown Township, PA

Number of homes for sale in Middletown Township, PA real estate market have reached 88. The number of homes for sale in Middletown Township, PA increased by 20.5% between January 2023 and February 2023. While the average time on the market in February 2023 was 40 days, the median list price was $440,000. This housing market listing prices have changed between January 2023 and February 2023: 1 bedroom properties became 22.2% more expensive, prices of 2 bedrooms properties increased by 30.6%, prices of 3 bedrooms properties increased by 13.9%, prices of 4 bedrooms properties increased by 16.3%, prices of 5 bedrooms properties increased by 4.4%. This housing market inventory have changed: the quantity of 1 bedroom homes went down by 50%, the quantity of 2 bedrooms homes went up by 33.3%, number of 3 bedrooms homes increased by 17.9%, number of 4 bedrooms homes increased by 26.9%, 5 bedrooms homes became 18.2% more available. Over 5 listings were sold over their listed price in February 2023 in Middletown Township, PA. In the same period over 9 listings were sold below the listed price and 8 listings were sold for the listed price.

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