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 November 2023

Since last year, Middletown has remained a Buyer'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

$382,500

$226/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 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 $382,500 in November 2024, the same as last year, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $250.2K$390K
+55.8%
2 $310K$290K
-6.5%
3 $380K$380K
0.0%
4 $515K$500K
-2.9%
5+ $394K$577.5K
+46.6%

Summary: Middletown housing prices by bedroom type for November 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
-1.0%
Cobb
-1.9%

Housing Supply in Middletown, CA

How many homes are available in Middletown, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
109104-4.6%

Summary: The Middletown real estate market had 104 homes for sale in November 2024, a 4.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 54
-20.0%
2 1414
0.0%
3 7570
-6.7%
4 1112
+9.1%
5+ 44
0.0%

Summary: The Middletown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
138-38.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Middletown in November 2024, down by 38.5% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% 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

Nov 2023Nov 2024CHANGE
26 Days90 Days+238.8%

Summary: Homes in Middletown had an average of 90 days on market in Nov 2024, up by 238.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Avg time on Rocket Homes in Middletown has remained consistent over time.

Summary: During November 2024, 8 homes were sold in Middletown; 13% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 21 Days Ago

Newest Listings in Middletown, CA

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