Middletown, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Middletown Neighborhoods Since 2000




Middletown, MD Real Estate Data


Middletown Housing Market Information

With a population of 4,469, 1,433 total housing units (homes and apartments), and a median house value of $417,586, real estate costs in Middletown are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Maryland communities.

Middletown is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Middletown than is found in 98% of the communities in America.

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 89.88% of Middletown's homes, and 74.16% 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. 37.08% 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 ( 35.44%), and before 1939 ( 14.78%). There's also some housing in Middletown built between 1940-1969 ( 12.70%).

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 -1.32%, 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 3.92%, 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 1.43%, which equates to an annual appreciation rate of 5.85%.

Relative to Maryland, our data show that Middletown's latest annual appreciation rate is lower than 60% of the other cities and towns in Maryland.

Average Home Values

 

Median Home Value:
$417,586

Middletown, MD HOME PRICES

Value Range
> $1,148,000 0.3
$861,001 - $1,148,000 1.5
$574,001 - $861,000 13.4
$459,001 - $574,000 26.3
$344,001 - $459,000 27.4
$230,001 - $344,000 22.1
$115,001 - $230,000 5.7
$58,001 - $115,000 0.8
$0 - $58,000 2.5

High for MD
Very High for Nation

Value Relative to Nation Value Relative to State
8.88914914797681 23.574144486692

Number Of Homes And Apartments:
1,433

Rent & Ownership

 

Average Market Rent:
$1,625 / per month

Homeownership Rate

Homeownership
Owners 89.88
Renters 10.12
Vacant 9.48

Housing Market Details

 

Age of Homes

AGE OF Middletown HOMES
2000 or Newer 37.1
1970 - 1999 35.4
1940 - 1969 12.7
1939 or Older 14.8

Types of Homes

TYPE OF Middletown HOMES
Single-Family 78.5
Townhomes 11.6
Small Apt. Buildings 6.4
Apt. Complexes 2.0
Mobile Homes 1.5
Other 0.0

Home Size

SIZE OF Middletown HOMES
No Bedroom 1.58
1 Bedroom 3.22
2 Bedrooms 9.16
3 Bedrooms 27.29
4 Bedrooms 46.87
5 or more bedrooms 11.88

Middletown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MD*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
71.25% 3.21% 7 9
* 10 is highest