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 March 2023

At the same time last year, Middletown Township was a Neutral 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

$385,797

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$36,702(-8.7%)

Key Takeaway

Homes in Middletown Township have sold for 8.7% less than they did a year ago.

Summary: The median home sold price in Middletown Township was $385,797 in March 2024, down 8.7% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $225K$317K
+40.9%
2 $322.7K$235K
-27.2%
3 $390K$342.5K
-12.2%
4 $436K$449.9K
+3.2%
5+ $480K$500K
+4.2%

Summary: Middletown Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.9%, 2 bedroom homes decreased by 27.2%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 4.2%.

Median Sold Price Compared To Nearby Cities

Langhorne
+3.8%
Middletown Township
-8.7%

Housing Supply in Middletown Township, PA

How many homes are available in Middletown Township, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
130135+3.8%

Summary: The Middletown Township real estate market had 135 homes for sale in March 2024, a 3.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 1516
+6.7%
3 5557
+3.6%
4 4646
0.0%
5+ 1214
+16.7%

Summary: The Middletown Township 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 6.7%, 3 bedroom homes increased by 3.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2928-3.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

10 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. 35.7% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in Middletown Township in March 2024, down by 3.4% month-over-month. Of the 28 sold homes, 36% were sold under asking, 29% were sold at asking, and 36% 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

Mar 2023Mar 2024CHANGE
18 Days16 Days-9.6%

Summary: Homes in Middletown Township had an average of 16 days on market in Mar 2024, down by 9.6% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 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.

Summary: During March 2024, 28 homes were sold in Middletown Township; 86% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

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

Report Updated 11 Days Ago

Newest Listings in Middletown Township, PA

Nearby Markets to Middletown Township, PA

What housing markets are near Middletown Township, PA?