Is Middletown Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Middletown Township has remained a Seller's Market.
Housing Prices in Middletown Township, PA
How much do homes in Middletown Township, PA cost?
Median Sold Price
$347,166
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Middletown Township was $347,166 in May 2024, down 7.4% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $384K | - | N/A |
2 Bedrooms | $183.7K | $188K | +2.3% |
3 Bedrooms | $350K | $310K | -11.4% |
4 Bedrooms | $501.5K | $500K | -0.3% |
5+ Bedrooms | $630K | $640K | +1.6% |
Summary: Middletown Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.3%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 1.6%.
Median Sold Price Compared To Nearby Cities
Chester Heights | $330.5K | $360K | +8.9% |
Rose Valley | $777.5K | $809K | +4.1% |
Aston Township | $327.5K | $334.9K | +2.3% |
Middletown Township | $375K | $347.1K | -7.4% |
Upper Providence Township | $682.5K | $620K | -9.2% |
Housing Supply in Middletown Township, PA
How many homes are available in Middletown Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
85 | 101 | +18.8% |
Summary: The Middletown Township real estate market had 101 homes for sale in May 2024, a 18.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 11 | 0.0% |
3 Bedrooms | 47 | 56 | +19.1% |
4 Bedrooms | 19 | 25 | +31.6% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Middletown Township 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 increased by 19.1%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 18 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Middletown Township in May 2024, the same as the previous month. Of the 18 sold homes, 28% were sold under asking, 11% were sold at asking, and 61% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
7 Days | 21 Days | +193.6% |
Summary: Homes in Middletown Township had an average of 21 days on market in May 2024, up by 193.6% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 18 homes were sold in Middletown Township; 83% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.