Middletown, PA—17057
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Middletown, PA
As of Oct '25, the median home price in Middletown, PA is $252,000, with a year-over-year change of 5.7%. This indicates that home prices in Middletown, PA are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $252,000 | 5.7% |
| Single Family | $252,000 | 5.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $199,000 | 7.6% |
3 Bed | $252,000 | 5.9% |
4 Bed | $334,000 | 6.0% |
| 5 Bed | $377,000 | 8.0% |
% of Housing Stock
Rental Trends — Middletown, PA
As of July '25, Rentcast reports the average rent in Middletown, PA is $1,260, with a year-over-year rent change of 1.6%. Per bedroom, the median rent as of July '25 in Middletown, PA is studios: $1,020, 1-bedrooms: $1,040, 2-bedrooms: $1,280, 3-bedrooms: $1,540, 4-bedrooms: $1,650. The most common rental property sizes in Middletown, PA are 2-bedroom and 1-bedroom, accounting for 36.2% and 33.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,150 | $1,260 |
| Studio Rent | $1,020 | $1,020 |
| 1 Bed Rent | $950 | $1,040 |
| 2 Bed Rent | $1,150 | $1,280 |
| 3 Bed Rent | $1,450 | $1,540 |
| 4 Bed Rent | $1,600 | $1,650 |
% of Rental Stock
Property Listings — Middletown, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Middletown, PA is 34. This is a decrease of -30.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $275,000 | -4.0% |
Listing Count | 50 | -12.0% |
| Listings as % of Homes | 0.3% | -12.0% |
Days on Market | 34 | -30.0% |
Demographics — Middletown, PA
As of the latest ACS Survey released in 2023, Middletown, PA has a population of 23,100, which has increased by 1.3% over the past 5 years. Middletown, PA is a moderately popular place for families, as children make up 19.7% of the population. The area has a moderately educated workforce, with 26.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,100 | 1.3% |
% Under 18 | 19.7% | -7.9% |
% Seniors | 18.1% | 5.8% |
% WFH | 9.0% | 291.3% |
% w/ College Degree | 26.6% | 29.8% |
As of the latest ACS Survey released in 2023, Middletown, PA is a predominantly white area, with 75.7% of the population identifying as white. The white population has shrunk by 7.3% in the last 5 years. The second most common race or ethnicity in Middletown, PA is hispanic, making up 10.9% of the population. Foreign-born residents account for 4.8% of the population in Middletown, PA, and this percentage has increased by 26.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 75.7% | -7.3% |
% Black | 6.2% | -4.6% |
% Hispanic | 10.9% | 39.7% |
% Asian | 1.9% | -13.6% |
% Foreign Born | 4.8% | 26.3% |
Mortgage and Risk — Middletown, PA
According to HUD data as of 2023, there were 489 mortgage originations in Middletown, PA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Middletown, PA. Investor activity is low, as 4.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 489 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Middletown, PA
As of 2024, the percent of homes in Middletown, PA under the Section 8 program is 6.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Middletown, PA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 307 |
Total Units Section 8 | 215 |
% Rentals under Section 8 | 6.9% |
% Occupied Section 8 | 86.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $140 | $950 | $1,090 |
| 2 Bedroom | $190 | $1,150 | $1,340 |
| 3 Bedroom | $270 | $1,450 | $1,720 |
| 4 Bedroom | $180 | $1,600 | $1,780 |
Affordability — Middletown, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $252,000 |
| Median Household Income | $70,500 |