$699,000
153.90 Acres
Land
Listing Office: Elliott & Pomeroy Inc
Is Middletown, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,512(+5.9%)
Key Takeaway
Homes in Middletown have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Middletown was $370,000 in October 2024, up 5.9% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $175K | +12.9% |
| 2 Bedrooms | $259.9K | $280K | +7.7% |
| 3 Bedrooms | $350K | $360K | +2.9% |
| 4 Bedrooms | $399.5K | $461K | +15.4% |
| 5+ Bedrooms | $425K | $452.5K | +6.5% |
Summary: Middletown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.9%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Cities
| Middletown | $349.4K | $370K | +5.9% |
| Margaretville | $350K | $253.5K | -27.6% |
Housing Supply in Middletown, NY
How many homes are available in Middletown, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 292 | 300 | +2.7% |
Summary: The Middletown real estate market had 300 homes for sale in October 2024, a 2.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 55 | 58 | +5.5% |
| 3 Bedrooms | 127 | 129 | +1.6% |
| 4 Bedrooms | 73 | 74 | +1.4% |
| 5+ Bedrooms | 32 | 33 | +3.1% |
Summary: The Middletown housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 3.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 52 | 52 | 0.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middletown, you could pay more than the asking price. 48.1% of homes here sold above asking price last month.
Summary: A total of 52 homes were sold or pending in Middletown in October 2024, the same as the previous month. Of the 52 sold homes, 33% were sold under asking, 19% were sold at asking, and 48% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 44 Days | 41 Days | -7.0% |
Summary: Homes in Middletown had an average of 41 days on market in Oct 2024, down by 7% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Middletown are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 52 homes were sold in Middletown; 50% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.