Middletown, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Middletown Neighborhoods Since 2000




Middletown, MD 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 4,469, 1,453 total housing units (homes and apartments), and a median house value of $412,695, 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 89.13% of Middletown's homes, and 76.18% 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. 38.99% 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 ( 34.89%), and before 1939 ( 15.55%). There's also some housing in Middletown built between 1940-1969 ( 10.57%).

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 -1.77%, 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 0.97%, 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 -0.17%, which equates to an annual appreciation rate of -0.70%.

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

Average Home Values

 

Median Home Value:
$412,695

Middletown, MD HOME PRICES

Value Range
> $1,089,000 1.6
$817,001 - $1,089,000 1.6
$545,001 - $817,000 10.9
$436,001 - $545,000 26.7
$327,001 - $436,000 29.6
$218,001 - $327,000 22.5
$109,001 - $218,000 3.9
$54,001 - $109,000 1.0
$0 - $54,000 2.2

High for MD
Very High for Nation

Value Relative to Nation Value Relative to State
8.86558068674558 20.2290076335878

Number Of Homes And Apartments:
1,453

Middletown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MD*
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
63.90% 2.91% 7 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,468 / per month

Homeownership Rate

Homeownership
Owners 89.13
Renters 10.87
Vacant 9.64

Housing Market Details

 

Age of Homes

AGE OF Middletown HOMES
2000 or Newer 39.0
1970 - 1999 34.9
1940 - 1969 10.6
1939 or Older 15.5

Types of Homes

TYPE OF Middletown HOMES
Single-Family 80.3
Townhomes 10.1
Small Apt. Buildings 3.5
Apt. Complexes 4.5
Mobile Homes 1.5
Other 0.0

Home Size

SIZE OF Middletown HOMES
No Bedroom 0.00
1 Bedroom 2.05
2 Bedrooms 12.06
3 Bedrooms 28.30
4 Bedrooms 47.89
5 or more bedrooms 9.70