Middletown, CT


Highest Appreciating Middletown Neighborhoods Since 2000

Middletown, CT Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Middletown Housing Market Information

With a population of 46,756, 19,070 total housing units (homes and apartments), and a median house value of $208,260, Middletown real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Middletown, accounting for 44.27% of the city's housing units. Other types of housing that are prevalent in Middletown include large apartment complexes or high rise apartments ( 33.57%), duplexes, homes converted to apartments or other small apartment buildings ( 17.09%), and a few row houses and other attached homes ( 4.91%).

People in Middletown primarily live in small (one, two or no bedroom) single-family detached homes. Middletown has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Middletown built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Middletown built between 1940-1969 ( 27.04%). A lesser amount of the housing stock also hails from before 1939 ( 21.24%). There's also some housing in Middletown built between 2000 and later ( 7.03%).

Middletown Home Appreciation Rates

Homes have actually lost value in Middletown over the last then years, as home values have seen a decline of 21.86% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Middletown home appreciation rates at -1.07%, which equates to an annual appreciation rate of -4.22%.

Over the last year, Middletown appreciation rates have trailed the rest of the nation. In the last twelve months, Middletown's appreciation rate has been -0.13%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Middletown were at -1.07%, which equates to an annual appreciation rate of -4.22%.

Notably, Middletown's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Connecticut, our data show that Middletown's latest annual appreciation rate is lower than 50% of the other cities and towns in Connecticut.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Middletown differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Middletown - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Middletown real estate investment or home purchase decisions.

Average Home Values


Median Home Value:

Middletown, CT HOME PRICES

Value Range
> $958,000 0.2
$718,001 - $958,000 0.3
$479,001 - $718,000 1.1
$383,001 - $479,000 4.7
$287,001 - $383,000 15.1
$192,001 - $287,000 33.7
$95,001 - $192,000 36.0
$48,001 - $95,000 6.7
$0 - $48,000 2.3

Low for CT
High for Nation

Value Relative to Nation Value Relative to State
30.2179772647369 79.8816568047337

Number Of Homes And Apartments:

Middletown Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
22.29% 1.17% 4 2
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,274 / per month

Homeownership Rate

Owners 47.72
Renters 52.28
Vacant 9.54

Housing Market Details


Age of Homes

AGE OF Middletown HOMES
2000 or Newer 7.0
1970 - 1999 44.7
1940 - 1969 27.0
1939 or Older 21.2

Types of Homes

TYPE OF Middletown HOMES
Single-Family 44.3
Townhomes 4.9
Small Apt. Buildings 17.1
Apt. Complexes 33.6
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Middletown HOMES
No Bedroom 2.29
1 Bedroom 18.34
2 Bedrooms 34.19
3 Bedrooms 32.08
4 Bedrooms 10.24
5 or more bedrooms 2.86