$3,147 Closing Credit*
$265,000
1,460 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: eXp Realty
Is Middletown, NY 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, NY
How much do homes in Middletown, NY cost?
Median Sold Price
$370,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+5.7%)
Key Takeaway
Homes in Middletown have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Middletown was $370,000 in November 2024, up 5.7% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $141K | $173.5K | +23.0% |
| 2 Bedrooms | $260K | $275K | +5.8% |
| 3 Bedrooms | $350K | $360K | +2.9% |
| 4 Bedrooms | $420K | $460K | +9.5% |
| 5+ Bedrooms | $425K | $452.5K | +6.5% |
Summary: Middletown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 6.5%.
Housing Supply in Middletown, NY
How many homes are available in Middletown, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 257 | 212 | -17.5% |
Summary: The Middletown real estate market had 212 homes for sale in November 2024, a 17.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 45 | 43 | -4.4% |
| 3 Bedrooms | 110 | 79 | -28.2% |
| 4 Bedrooms | 64 | 55 | -14.1% |
| 5+ Bedrooms | 32 | 30 | -6.3% |
Summary: The Middletown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 28.2%, 4 bedroom homes decreased by 14.1%, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 36 | -29.4% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middletown, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in Middletown in November 2024, down by 29.4% month-over-month. Of the 36 sold homes, 44% were sold under asking, 17% were sold at asking, and 39% were sold over asking.
Days on Market for Middletown, NY
How long does it take to sell a home in Middletown, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 39 Days | -16.3% |
Summary: Homes in Middletown had an average of 39 days on market in Nov 2024, down by 16.3% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Middletown has remained consistent over time.
Summary: During November 2024, 36 homes were sold in Middletown; 39% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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Copyright © 2024 Hudson Valley Catskill Region MLS. All rights reserved. Real estate listings of brokerage firms other than Hudson Valley Catskill Region MLS are marked with the IDX logo and the detailed information about them includes the listing broker's name. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.