Is Middletown Township, 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 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
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
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $317K | +40.9% |
| 2 Bedrooms | $322.7K | $235K | -27.2% |
| 3 Bedrooms | $390K | $342.5K | -12.2% |
| 4 Bedrooms | $436K | $449.9K | +3.2% |
| 5+ Bedrooms | $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 | $488.8K | $507.5K | +3.8% |
| Middletown Township | $422.5K | $385.7K | -8.7% |
Housing Supply in Middletown Township, PA
How many homes are available in Middletown Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 130 | 135 | +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
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 15 | 16 | +6.7% |
| 3 Bedrooms | 55 | 57 | +3.6% |
| 4 Bedrooms | 46 | 46 | 0.0% |
| 5+ Bedrooms | 12 | 14 | +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 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 29 | 28 | -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
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 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 18 Days | 16 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
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.
