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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middletown is a 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, IN

How much do homes in Middletown, IN cost?

Median Sold Price

$183,000

$107/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$21,000(-10.3%)

Key Takeaway

Homes in Middletown have sold for 10.3% less than they did a year ago.

Summary: The median home sold price in Middletown was $183,000 in November 2024, down 10.3% from last year, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $121K$115K
-5.0%
3 $210K$175K
-16.7%
4 $226.5K$259K
+14.3%
5+ $415K$509.9K
+22.9%

Summary: Middletown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 22.9%.

Median Sold Price Compared To Nearby Cities

Fall Creek Township
-4.1%
Middletown
-10.3%

Housing Supply in Middletown, IN

How many homes are available in Middletown, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2820-28.6%

Summary: The Middletown real estate market had 20 homes for sale in November 2024, a 28.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2112
-42.9%
4 46
+50.0%
5+ 10
-100.0%

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 remained the same, 3 bedroom homes decreased by 42.9%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
115-54.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 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 could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Middletown in November 2024, down by 54.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for Middletown, IN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
24 Days37 Days+55.2%

Summary: Homes in Middletown had an average of 37 days on market in Nov 2024, up by 55.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was 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 November 2024, 5 homes were sold in Middletown; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 2 Days Ago

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