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 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

$235,000

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$18,000(+8.3%)

Key Takeaway

Homes in Middletown Township have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Middletown Township was $235,000 in October 2024, up 8.3% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $384K-
N/A
2 $181.9K$177.7K
-2.3%
3 $220K$254.9K
+15.9%
4 $255K$286.5K
+12.4%
5+ $348.4K$510K
+46.4%

Summary: Middletown Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 12.4%, 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

Sep 2024Oct 2024CHANGE
5448-11.1%

Summary: The Middletown Township real estate market had 48 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 86
-25.0%
3 3524
-31.4%
4 915
+66.7%
5+ 22
0.0%

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 25%, 3 bedroom homes decreased by 31.4%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1918-5.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Middletown Township, expect to pay close to the asking price. 38.9% of homes here sold near the asking price last month.

Summary: A total of 18 homes were sold or pending in Middletown Township in October 2024, down by 5.3% month-over-month. Of the 18 sold homes, 22% were sold under asking, 39% were sold at asking, and 39% 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 2023Oct 2024CHANGE
13 Days17 Days+34.4%

Summary: Homes in Middletown Township had an average of 17 days on market in Oct 2024, up by 34.4% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 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 October 2024, 18 homes were sold in Middletown Township; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% 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

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