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Middletown Housing Market Report December 2024•Monmouth County, New Jersey
Housing Prices in Middletown, NJ
How much do homes in Middletown, NJ cost?
Housing Market Conditions
Is Middletown, NJ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Middletown is a Seller's Market
Difference Since December 2023
Since last year, Middletown has remained a Seller's Market.
Insight
Middletown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$662,500$341/SqFt
+$62,500
+10.4%
Based on all homes sold in the last 12 months
Insight
Homes in Middletown have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in Middletown was $662,500 in December 2024, up 10.4% from last year, and the median price per square foot was $341.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Keansburg | $304.5K | $350K | +14.9% |
| Middletown Township | $575.5K | $655.6K | +13.9% |
| Middletown | $600K | $662.5K | +10.4% |
| Hazlet Township | $480K | $525.5K | +9.5% |
| Holmdel | $955K | $880K | -7.9% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $314K | $315.5K | 0.5% |
| 22 Bedrooms | $358.5K | $426.2K | +18.9% |
| 33 Bedrooms | $524.9K | $546K | +4.0% |
| 44 Bedrooms | $719.9K | $806K | +12.0% |
| 55+ Bedrooms | $779K | $964.9K | +23.9% |
Summary: Middletown housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by 0.5%. The home price for 2 bedroom homes increased by +18.9%. The home price for 3 bedroom homes increased by +4.0%. The home price for 4 bedroom homes increased by +12.0%. The home price for 5 bedroom homes increased by +23.9%.
Housing supply in Middletown, NJ
How many homes are available in Middletown, NJ?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 66Last MonthDec 2024 | ||
| 942 months agoNov 2024 | -29.8 % Change MoMNov – Dec |
Summary: The Middletown real estate market had 66 homes for sale in Dec 2024, a 29.8 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 33Last MonthDec 2024 | ||
| 222 months agoNov 2024 | +50.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 2 | +100.0% |
| 22 Bedrooms | 12 | 9 | -25.0% |
| 33 Bedrooms | 40 | 23 | -42.5% |
| 44 Bedrooms | 31 | 25 | -19.4% |
| 55+ Bedrooms | 10 | 7 | -30.0% |
Summary: Middletown housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -25.0%. The inventory for 3 bedroom homes decreased by -42.5%. The inventory for 4 bedroom homes decreased by -19.4%. The inventory for 5 bedroom homes decreased by -30.0%.
Asking Price vs. Sold Price
How much do homes in Middletown, NJ cost?
Over Asking Price18 Homes
At Asking Price2 Homes
Under Asking Price13 Homes
Insight
If you're buying a home in Middletown, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.
Summary: A total of 33 homes were sold or pending in Middletown in December 2024, up by 50.0% month-over-month. Of the 33 sold homes, 39% were sold under asking, 6% were sold at asking, and and 55% were sold over asking.
Days on Market for Middletown, NJ
How long does it take to sell a home in Middletown, NJ?
Breakdown of Home Sale Times
Under 30 Days17 Homes
30 – 90 Days11 Homes
Over 90 Days3 Homes
Insight
Many homes in Middletown are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 33 homes were sold in Middletown; 52% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 43 DaysThis YearDec 2024 | ||
| 37 Days1 year agoDec 2023 | +15.4 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Middletown had an average listing age of 43 days in Dec 2024, up by 15.4% compared to the previous year.
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Newest Listings in Middletown, NJ
What homes are available in Middletown, NJ?
New - 3 days on Rocket
$9,202 Closing Credit¹
Charles O'Rourke, Listing Office: RE/MAX First Class
$4,749 Closing Credit¹
Jennifer S Maddalena, Listing Office: VRI Homes
$6,009 Closing Credit¹
Antoinette Pagano, Listing Office: Keller Williams Realty West Monmouth
$10,000 Closing Credit¹
Sharon L Hayes, Listing Office: Coldwell Banker Realty
$10,000 Closing Credit¹
Matthew Sirchio, Listing Office: RE/MAX First Class
$10,000 Closing Credit¹
Thomas J McCormack, Listing Office: Resources Real Estate
$7,707 Closing Credit¹
Christele Terranova-Beam, Listing Office: Coldwell Banker Realty
Theresa Capuano, Listing Office: Berkshire Hathaway HomeServices Fox & Roach - Red Bank
$3,741 Closing Credit¹
Diane McGregor, Listing Office: NextHome Peninsula Realty Group
$9,261 Closing Credit¹
Philip Rotchford, Listing Office: Berkshire Hathaway HomeServices Fox & Roach - Rumson
$10,000 Closing Credit¹
Melissa Steinert, Listing Office: Toll Brothers Real Estate
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MLS Disclaimers and Copyright
Based on information from Monmouth Ocean Regional MLS, and ALL JERSEY MLS for the period 01/01/2023 - 01/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.