Is Middletown, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middletown is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Middletown was a Seller's Market.

Key Takeaway

Middletown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Middletown, CA

How much do homes in Middletown, CA cost?

Median Sold Price

$380,000

$227/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in Middletown has remained the same since last year.

Summary: The median home sold price in Middletown was $380,000 in October 2024, the same as last year, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $250.2K$390K
+55.8%
2 $310K$290K
-6.5%
3 $380K$379.9K
0%
4 $515K$500K
-2.9%
5+ $394K$577.5K
+46.6%

Summary: Middletown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55.8%, 2 bedroom homes decreased by 6.5%, 3 bedroom homes did not change, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 46.6%.

Median Sold Price Compared To Nearby Cities

Middletown
0.0%
Hidden Valley Lake
-1.3%
Cobb
-20.3%

Housing Supply in Middletown, CA

How many homes are available in Middletown, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
111121+9.0%

Summary: The Middletown real estate market had 121 homes for sale in October 2024, a 9.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 45
+25.0%
2 1616
0.0%
3 7582
+9.3%
4 1214
+16.7%
5+ 44
0.0%

Summary: The Middletown housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1012+20.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Middletown, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Middletown in October 2024, up by 20.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 33% were sold at asking, and 25% were sold over asking.

Days on Market for Middletown, CA

How long does it take to sell a home in Middletown, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
60 Days59 Days-0.9%

Summary: Homes in Middletown had an average of 59 days on market in Oct 2024, down by 0.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 12 homes were sold in Middletown; 42% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 20 Days Ago

Newest Listings in Middletown, CA

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