Middletown, DE
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Middletown Neighborhoods Since 2000




Middletown, DE 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 20,372 people, 6,315 houses or apartments, and a median cost of homes of $301,082, 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 54.32% of the town's housing units. Other types of housing that are prevalent in Middletown include row houses and other attached homes ( 32.09%), large apartment complexes or high rise apartments ( 7.37%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.99%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Middletown. Owner-occupied housing accounts for 79.02% of Middletown's homes, and 71.64% have either three or four bedrooms, which is average sized relative to America.

Middletown homes and real estate are some of the newest in America. 72.45% of Middletown's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Middletown real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 17.08%), and between 1940-1969 ( 7.28%). There's also some housing in Middletown built before 1939 ( 3.19%).

Middletown Home Appreciation Rates

Middletown's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Middletown during the period has been just -1.37%, which is lower than 80% of US communities.

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 3.11%, 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 0.08%, which equates to an annual appreciation rate of 0.32%.

Relative to Delaware, our data show that Middletown's latest annual appreciation rate is lower than 70% of the other cities and towns in Delaware.

Average Home Values

 

Median Home Value:
$301,082

Middletown, DE HOME PRICES

Value Range
> $1,090,000 0.1
$818,001 - $1,090,000 1.4
$545,001 - $818,000 2.7
$436,001 - $545,000 11.4
$327,001 - $436,000 29.9
$218,001 - $327,000 27.5
$109,001 - $218,000 21.0
$54,001 - $109,000 1.4
$0 - $54,000 4.5

High for DE
Very High for Nation

Value Relative to Nation Value Relative to State
16.2076643618891 22.7272727272727

Number Of Homes And Apartments:
6,315

Middletown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
DE*
Compared To
America*
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
50.88% 2.41% 5 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,952 / per month

Homeownership Rate

Homeownership
Owners 79.02
Renters 20.98
Vacant 4.45

Housing Market Details

 

Age of Homes

AGE OF Middletown HOMES
2000 or Newer 72.4
1970 - 1999 17.1
1940 - 1969 7.3
1939 or Older 3.2

Types of Homes

TYPE OF Middletown HOMES
Single-Family 54.3
Townhomes 32.1
Small Apt. Buildings 4.0
Apt. Complexes 7.4
Mobile Homes 2.2
Other 0.0

Home Size

SIZE OF Middletown HOMES
No Bedroom 0.00
1 Bedroom 2.57
2 Bedrooms 19.49
3 Bedrooms 39.72
4 Bedrooms 31.93
5 or more bedrooms 6.29