Middletown, NJ 07748 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Middletown, NJ—07748

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$736,000

4.4% YoY Growth

Household Income

$152,000

31.4% YoY Growth

Days on Market

22.0% Shorter YoY

Home Price Forecast

2.0%

Median Rent

$3,500

7.6% YoY Growth

1-Bed Rent

$2,000

18.9% YoY Growth

2-Bed Rent

$2,500

6.8% YoY Growth

3-Bed Rent

$4,200

3.2% YoY Growth

Home Price Trends — Middletown, NJ

As of Dec '25, the median home price in Middletown, NJ is $736,000, with a year-over-year change of 4.4%. This indicates that home prices in Middletown, NJ are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$736,000	4.4%
Single Family	$750,000	4.5%
Condos	$600,000	1.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Middletown, NJ

As of July '25, Rentcast reports the average rent in Middletown, NJ is $3,790, with a year-over-year rent change of -7.6%. Per bedroom, the median rent as of July '25 in Middletown, NJ is 1-bedrooms: $1,930, 2-bedrooms: $2,620, 3-bedrooms: $4,140, 4-bedrooms: $5,590. The most common rental property sizes in Middletown, NJ are 1-bedroom and 2-bedroom, accounting for 37.5% and 21.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$3,500	$3,790
Studio Rent	N/A	N/A
1 Bed Rent	$2,000	$1,930
2 Bed Rent	$2,500	$2,620
3 Bed Rent	$4,200	$4,140
4 Bed Rent	$5,200	$5,590

Loading chart...

% of Rental Stock

Studio

19.5%

1 Bedroom

37.5%

2 Bedrooms

21.2%

3 Bedrooms

18.8%

4 Bedrooms

1.6%

5+ Bedrooms

1.5%

Property Listings — Middletown, NJ

As of Dec '25, Realtor.com reports that the median days on market for a home in Middletown, NJ is 45. This is a decrease of -7.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 5.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$812,000	16.0%
Listing Count	52	-21.0%
Listings as % of Homes	0.8%	-21.0%
Days on Market	47	-22.0%

Loading chart...

Demographics — Middletown, NJ

As of the latest ACS Survey released in 2023, Middletown, NJ has a population of 28,300, which has increased by 3.3% over the past 5 years. Middletown, NJ is a moderately popular place for families, as children make up 23.9% of the population. The area has a highly educated workforce, with 51.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	28,300	3.3%
% Under 18	23.9%	5.8%
% Seniors	15.5%	-4.3%
% WFH	17.8%	295.6%
% w/ College Degree	51.8%	6.8%

Loading chart...

As of the latest ACS Survey released in 2023, Middletown, NJ is a predominantly white area, with 81.7% of the population identifying as white. The white population has shrunk by 5.5% in the last 5 years. The second most common race or ethnicity in Middletown, NJ is hispanic, making up 11.5% of the population. Foreign-born residents account for 7.3% of the population in Middletown, NJ, and this percentage has decreased by 9.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	81.7%	-5.5%
% Black	1.8%	157.1%
% Hispanic	11.5%	59.7%
% Asian	2.0%	-50.0%
% Foreign Born	7.3%	-9.9%

Loading chart...

Mortgage and Risk — Middletown, NJ

According to HUD data as of 2023, there were 579 mortgage originations in Middletown, NJ, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Middletown, NJ. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	579
% Conventional Loans	89.0%
% Government Loans	11.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	12.0%

Loading chart...

Rentals and Section 8 — Middletown, NJ

As of 2024, the percent of homes in Middletown, NJ under the Section 8 program is 27.5%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Middletown, NJ, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	368
Total Units Section 8	368
% Rentals under Section 8	27.5%
% Occupied Section 8	92.1%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$460	$2,000	$1,540
2 Bedroom	-$600	$2,500	$1,900
3 Bedroom	-$1,670	$4,200	$2,530
4 Bedroom	-$2,380	$5,200	$2,820

Middletown, NJ—07748

Key Metrics at a Glance

Home Price Trends — Middletown, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Middletown, NJ

% of Rental Stock

Property Listings — Middletown, NJ

Demographics — Middletown, NJ

Race and Ethnicity

Mortgage and Risk — Middletown, NJ

Mortgages

Rentals and Section 8 — Middletown, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Middletown, NJ

Home Price to Income Ratio

Middletown, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Port Monmouth, NJ

Belford, NJ

Red Bank, NJ

Keansburg, NJ

Leonardo, NJ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4
Median Home Price	$736,000
Median Household Income	$152,000

Middletown, NJ—07748

Key Metrics at a Glance

Home Price Trends — Middletown, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Middletown, NJ

% of Rental Stock

Property Listings — Middletown, NJ

Demographics — Middletown, NJ

Race and Ethnicity

Mortgage and Risk — Middletown, NJ

Mortgages

Rentals and Section 8 — Middletown, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Middletown, NJ

Home Price to Income Ratio

Middletown, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Port Monmouth, NJ

Belford, NJ

Red Bank, NJ

Keansburg, NJ

Leonardo, NJ

Frequently Asked Questions

What is the average home price in Middletown, NJ 07748?

How have home prices in Middletown, NJ 07748 changed over the past year?

What is the home price projection for Middletown, NJ 07748?

What are the demographics of Middletown, NJ 07748?

How long does it take homes to sell in Middletown, NJ 07748?

What is the average rent price in Middletown, NJ 07748?