$5,581 Closing Credit*
$470,000
2,506 SqFt
5 Beds
•2 Full Baths
Patrick Lawrence, Listing Office: Coldwell Banker Realty
Is Middletown, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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, CT
How much do homes in Middletown, CT cost?
Median Sold Price
$310,583
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$34,205(+12.4%)
Key Takeaway
Homes in Middletown have sold for 12.4% more than they did a year ago.
Summary: The median home sold price in Middletown was $310,583 in November 2024, up 12.4% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $151K | +7.9% |
| 2 Bedrooms | $210K | $232K | +10.5% |
| 3 Bedrooms | $310K | $345K | +11.3% |
| 4 Bedrooms | $340K | $375K | +10.3% |
| 5+ Bedrooms | $350K | $376K | +7.4% |
Summary: Middletown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.9%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 7.4%.
Housing Supply in Middletown, CT
How many homes are available in Middletown, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 150 | 141 | -6.0% |
Summary: The Middletown real estate market had 141 homes for sale in November 2024, a 6.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 16 | 0.0% |
| 2 Bedrooms | 34 | 24 | -29.4% |
| 3 Bedrooms | 59 | 57 | -3.4% |
| 4 Bedrooms | 26 | 30 | +15.4% |
| 5+ Bedrooms | 15 | 14 | -6.7% |
Summary: The Middletown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 29.4%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 42 | +13.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middletown, you could pay more than the asking price. 64.3% of homes here sold above asking price last month.
Summary: A total of 42 homes were sold or pending in Middletown in November 2024, up by 13.5% month-over-month. Of the 42 sold homes, 26% were sold under asking, 10% were sold at asking, and 64% were sold over asking.
Days on Market for Middletown, CT
We’re sorry, we don't have information for this market at the moment
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