$4,263 Closing Credit*
$358,999
2,240 SqFt
3 Beds
•3 Full Baths
Andre Richardson, Listing Office: HomeSmart Realty Advisors
Is Middletown Township, PA 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 Township has remained a Seller's Market.
Key Takeaway
Middletown Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Middletown Township, PA
How much do homes in Middletown Township, PA cost?
Median Sold Price
$407,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,333(+3.9%)
Key Takeaway
Homes in Middletown Township have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Middletown Township was $407,000 in October 2024, up 3.9% 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 | $250K | $255K | +2.0% |
| 2 Bedrooms | $299.9K | $250K | -16.6% |
| 3 Bedrooms | $350K | $369.9K | +5.7% |
| 4 Bedrooms | $440K | $465.5K | +5.8% |
| 5+ Bedrooms | $500K | $521.5K | +4.3% |
Summary: Middletown Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes decreased by 16.6%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Cities
| Langhorne | $507.5K | $537K | +5.8% |
| Middletown Township | $391.6K | $407K | +3.9% |
Housing Supply in Middletown Township, PA
How many homes are available in Middletown Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 136 | 127 | -6.6% |
Summary: The Middletown Township real estate market had 127 homes for sale in October 2024, a 6.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 54 | 46 | -14.8% |
| 4 Bedrooms | 55 | 55 | 0.0% |
| 5+ Bedrooms | 14 | 13 | -7.1% |
Summary: The Middletown Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 50 | 44 | -12.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middletown Township, you could pay more than the asking price. 47.7% of homes here sold above asking price last month.
Summary: A total of 44 homes were sold or pending in Middletown Township in October 2024, down by 12.0% month-over-month. Of the 44 sold homes, 30% were sold under asking, 23% were sold at asking, and 48% were sold over asking.
Days on Market for Middletown Township, PA
How long does it take to sell a home in Middletown Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 15 Days | +0.8% |
Summary: Homes in Middletown Township had an average of 15 days on market in Oct 2024, up by 0.8% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Middletown Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 44 homes were sold in Middletown Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
