Is Middletown Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middletown Township is a seller's market

Buyer's
Market

Difference Since November 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

$235,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+6.8%)

Key Takeaway

Homes in Middletown Township have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in Middletown Township was $235,000 in November 2024, up 6.8% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $384K$115.5K
-69.9%
2 $184.5K$177.7K
-3.7%
3 $224.5K$255K
+13.6%
4 $255K$277.5K
+8.8%
5+ $348.4K$510K
+46.4%

Summary: Middletown Township 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 3.7%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 46.4%.

Housing Supply in Middletown Township, PA

How many homes are available in Middletown Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5142-17.6%

Summary: The Middletown Township 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

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 75
-28.6%
3 2621
-19.2%
4 1514
-6.7%
5+ 21
-50.0%

Summary: The Middletown Township 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 2024Nov 2024CHANGE
2016-20.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Middletown Township, 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 Township 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 Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
12 Days26 Days+112.6%

Summary: Homes in Middletown Township 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Middletown Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 16 homes were sold in Middletown Township; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Middletown Township, PA

Nearby Markets to Middletown Township, PA