Is Middletown, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Middletown has remained a Seller's Market.
Housing Prices in Middletown, NY
How much do homes in Middletown, NY cost?
Median Sold Price
$370,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Middletown was $370,000 in April 2024, up 13.9% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $153K | $170K | +11.1% |
2 Bedrooms | $237K | $281K | +18.6% |
3 Bedrooms | $325K | $364K | +12.0% |
4 Bedrooms | $395K | $437.5K | +10.8% |
5+ Bedrooms | $424.5K | $425K | 0.1% |
Summary: Middletown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 18.6%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 0.1%.
Median Sold Price Compared To Nearby Cities
Middletown | $324.8K | $370K | +13.9% |
Margaretville | $385K | $315K | -18.2% |
Housing Supply in Middletown, NY
How many homes are available in Middletown, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
215 | 240 | +11.6% |
Summary: The Middletown real estate market had 240 homes for sale in April 2024, a 11.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 33 | 40 | +21.2% |
3 Bedrooms | 100 | 109 | +9.0% |
4 Bedrooms | 57 | 64 | +12.3% |
5+ Bedrooms | 21 | 23 | +9.5% |
Summary: The Middletown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 21.2%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 9.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 43 | +22.9% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in Middletown in April 2024, up by 22.9% month-over-month. Of the 43 sold homes, 40% were sold under asking, 23% were sold at asking, and 37% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
59 Days | 50 Days | -15.4% |
Summary: Homes in Middletown had an average of 50 days on market in Apr 2024, down by 15.4% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 43 homes were sold in Middletown; 47% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.