$4,026 Closing Credit*
$339,000
2,349 SqFt
3 Beds
•2 Full Baths
LINDA MEHAFFIE, Listing Office: RE/MAX Realty Professionals
Is Middletown, PA 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, PA
How much do homes in Middletown, PA cost?
Median Sold Price
$235,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,000(+8.8%)
Key Takeaway
Homes in Middletown have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Middletown was $235,000 in November 2024, up 8.8% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $384K | $115.5K | -69.9% |
| 2 Bedrooms | $181.9K | $177.7K | -2.3% |
| 3 Bedrooms | $221.5K | $255K | +15.1% |
| 4 Bedrooms | $252.1K | $277.5K | +10.1% |
| 5+ Bedrooms | $348.4K | $510K | +46.4% |
Summary: Middletown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 69.9%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 46.4%.
Median Sold Price Compared To Nearby Cities
| Royalton | $120K | $195K | +62.5% |
| Lower Swatara Township | $231K | $258.5K | +11.9% |
| Londonderry Township | $295K | $326K | +10.5% |
| Middletown | $216K | $235K | +8.8% |
Housing Supply in Middletown, PA
How many homes are available in Middletown, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 42 | -17.6% |
Summary: The Middletown real estate market had 42 homes for sale in November 2024, a 17.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 26 | 21 | -19.2% |
| 4 Bedrooms | 15 | 14 | -6.7% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
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 decreased by 28.6%, 3 bedroom homes decreased by 19.2%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 16 | -20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middletown, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Middletown in November 2024, down by 20.0% month-over-month. Of the 16 sold homes, 31% were sold under asking, 6% were sold at asking, and 63% were sold over asking.
Days on Market for Middletown, PA
How long does it take to sell a home in Middletown, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 26 Days | +112.6% |
Summary: Homes in Middletown had an average of 26 days on market in Nov 2024, up by 112.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 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 November 2024, 16 homes were sold in Middletown; 81% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
