Is Middletown Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$349,666
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Middletown Township have sold for 9.2% less than they did a year ago.
Summary: The median home sold price in Middletown Township was $349,666 in April 2024, down 9.2% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $384K | - | N/A |
| 2 Bedrooms | $195K | $184.7K | -5.3% |
| 3 Bedrooms | $350K | $310K | -11.4% |
| 4 Bedrooms | $514K | $500K | -2.7% |
| 5+ Bedrooms | $630K | $667.5K | +6.0% |
Summary: Middletown Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.3%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Cities
| Chester Heights | $352.7K | $355.9K | +0.9% |
| Rose Valley | $777.5K | $779K | 0.2% |
| Aston Township | $337.5K | $334.9K | -0.8% |
| Middletown Township | $385.2K | $349.6K | -9.2% |
| Upper Providence Township | $712K | $625K | -12.2% |
Housing Supply in Middletown Township, PA
How many homes are available in Middletown Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 85 | 85 | 0.0% |
Summary: The Middletown Township real estate market had 85 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 11 | -21.4% |
| 3 Bedrooms | 42 | 47 | +11.9% |
| 4 Bedrooms | 20 | 18 | -10.0% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Middletown Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 21.4%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 30 | 17 | -43.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middletown Township, you could pay more than the asking price. 41.2% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Middletown Township in April 2024, down by 43.3% month-over-month. Of the 17 sold homes, 29% were sold under asking, 29% were sold at asking, and 41% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 28 Days | 11 Days | -60.6% |
Summary: Homes in Middletown Township had an average of 11 days on market in Apr 2024, down by 60.6% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 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 April 2024, 17 homes were sold in Middletown Township; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
