Is Middleton, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middleton is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Middleton has remained a Seller's Market.

Key Takeaway

Middleton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Middleton, MA

How much do homes in Middleton, MA cost?

Median Sold Price

$780,000

$369/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$45,000(-5.5%)

Key Takeaway

Homes in Middleton have sold for 5.5% less than they did a year ago.

Summary: The median home sold price in Middleton was $780,000 in May 2024, down 5.5% from last year, and the median price per square foot was $369.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $375K$402K
+7.2%
2 $580K$552.5K
-4.7%
3 $805K$807.5K
0.3%
4 $1.0M$1.2M
+21.4%
5+ $1.8M$1.2M
-33.4%

Summary: Middleton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.2%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes decreased by 33.4%.

Median Sold Price Compared To Nearby Cities

Topsfield
+15.6%
Lynnfield
+14.9%
Peabody
+7.3%
Danvers
+4.8%
Middleton
-5.5%

Housing Supply in Middleton, MA

How many homes are available in Middleton, MA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2429+20.8%

Summary: The Middleton real estate market had 29 homes for sale in May 2024, a 20.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 66
0.0%
3 74
-42.9%
4 815
+87.5%
5+ 12
+100.0%

Summary: The Middleton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 42.9%, 4 bedroom homes increased by 87.5%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Middleton, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Middleton in May 2024, down by 14.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.

Days on Market for Middleton, MA

How long does it take to sell a home in Middleton, MA?

Average Sale Time

May 2023May 2024CHANGE
23 Days13 Days-40.5%

Summary: Homes in Middleton had an average of 13 days on market in May 2024, down by 40.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 6 homes were sold in Middleton; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

Newest Listings in Middleton, MA

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