Is Middletown, 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 has remained a Seller's Market.
Key Takeaway
Middletown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Middletown, PA
How much do homes in Middletown, PA cost?
Median Sold Price
$224,250
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Middletown have sold for 26.7% more than they did a year ago.
Summary: The median home sold price in Middletown was $224,250 in April 2024, up 26.7% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $384K | - | N/A |
| 2 Bedrooms | $158K | $176.5K | +11.7% |
| 3 Bedrooms | $180.5K | $226K | +25.2% |
| 4 Bedrooms | $200K | $286.5K | +43.3% |
| 5+ Bedrooms | $345.6K | $466K | +34.8% |
Summary: Middletown 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 increased by 11.7%, 3 bedroom homes increased by 25.2%, 4 bedroom homes increased by 43.3%, and 5+ bedroom homes increased by 34.8%.
Median Sold Price Compared To Nearby Cities
| Middletown | $177K | $224.2K | +26.7% |
| Londonderry Township | $272.5K | $306.1K | +12.3% |
| Lower Swatara Township | $210.5K | $231K | +9.7% |
Housing Supply in Middletown, PA
How many homes are available in Middletown, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 46 | 46 | 0.0% |
Summary: The Middletown real estate market had 46 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 | 10 | 8 | -20.0% |
| 3 Bedrooms | 26 | 30 | +15.4% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Middletown 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 20%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 11 | -38.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middletown, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Middletown in April 2024, down by 38.9% month-over-month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 12 Days | 7 Days | -42.4% |
Summary: Homes in Middletown had an average of 7 days on market in Apr 2024, down by 42.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Middletown are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 11 homes were sold in Middletown; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
