Is Middletown, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Middletown has remained a Buyer's Market.
Housing Prices in Middletown, PA
How much do homes in Middletown, PA cost?
Median Sold Price
$225,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Middletown was $225,000 in February 2024, up 28.6% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $384K | N/A |
2 Bedrooms | $154K | $179.9K | +16.9% |
3 Bedrooms | $175K | $224.5K | +28.3% |
4 Bedrooms | $200K | $270K | +35.0% |
5+ Bedrooms | $345.6K | $447K | +29.3% |
Summary: Middletown housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.9%, 3 bedroom homes increased by 28.3%, 4 bedroom homes increased by 35%, and 5+ bedroom homes increased by 29.3%.
Housing Supply in Middletown, PA
How many homes are available in Middletown, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
45 | 51 | +13.3% |
Summary: The Middletown real estate market had 51 homes for sale in February 2024, a 13.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 5 | 8 | +60.0% |
3 Bedrooms | 22 | 27 | +22.7% |
4 Bedrooms | 11 | 10 | -9.1% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Middletown housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
10 | 7 | -30.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Middletown in February 2024, down by 30.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% were sold over asking.
Days on Market for Middletown, PA
How long does it take to sell a home in Middletown, PA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
26 Days | 17 Days | -31.9% |
Summary: Homes in Middletown had an average of 17 days on market in Feb 2024, down by 31.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 7 homes were sold in Middletown; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.