Is Middletown Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Middletown Township has remained a Seller's Market.
Housing Prices in Middletown Township, PA
How much do homes in Middletown Township, PA cost?
Median Sold Price
$395,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Middletown Township was $395,000 in May 2024, down 2.5% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $239.5K | $250K | +4.4% |
2 Bedrooms | $281.5K | $242.5K | -13.9% |
3 Bedrooms | $377K | $347.3K | -7.9% |
4 Bedrooms | $430.6K | $450K | +4.5% |
5+ Bedrooms | $500K | $497.5K | -0.5% |
Summary: Middletown Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes decreased by 13.9%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 0.5%.
Median Sold Price Compared To Nearby Cities
Langhorne | $500K | $507.8K | +1.6% |
Middletown Township | $405K | $395K | -2.5% |
Housing Supply in Middletown Township, PA
How many homes are available in Middletown Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
132 | 147 | +11.4% |
Summary: The Middletown Township real estate market had 147 homes for sale in May 2024, a 11.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 17 | 21 | +23.5% |
3 Bedrooms | 57 | 62 | +8.8% |
4 Bedrooms | 49 | 55 | +12.2% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Middletown Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
29 | 31 | +6.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Middletown Township in May 2024, up by 6.9% month-over-month. Of the 31 sold homes, 23% were sold under asking, 16% were sold at asking, and 61% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
8 Days | 15 Days | +84.5% |
Summary: Homes in Middletown Township had an average of 15 days on market in May 2024, up by 84.5% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 31 homes were sold in Middletown Township; 90% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.