Middletown, DE 19709 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Middletown, DE—19709

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$528,000

3.8% YoY Growth

Household Income

$130,000

28.3% YoY Growth

Days on Market

2.0% Shorter YoY

Home Price Forecast

1.7%

Median Rent

$2,750

4.4% YoY Growth

1-Bed Rent

$1,200

20.5% YoY Growth

2-Bed Rent

$1,990

7.5% YoY Growth

3-Bed Rent

$2,750

5.6% YoY Growth

Home Price Trends — Middletown, DE

As of Dec '25, the median home price in Middletown, DE is $528,000, with a year-over-year change of 3.8%. This indicates that home prices in Middletown, DE are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$528,000	3.8%
Single Family	$530,000	3.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Middletown, DE

As of July '25, Rentcast reports the average rent in Middletown, DE is $2,630, with a year-over-year rent change of 4.4%. Per bedroom, the median rent as of July '25 in Middletown, DE is studios: $2,210, 1-bedrooms: $1,280, 2-bedrooms: $2,150, 3-bedrooms: $2,660, 4-bedrooms: $2,860. The most common rental property sizes in Middletown, DE are 2-bedroom and 3-bedroom, accounting for 47.2% and 32.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,750	$2,630
Studio Rent	$1,670	$2,210
1 Bed Rent	$1,200	$1,280
2 Bed Rent	$1,990	$2,150
3 Bed Rent	$2,750	$2,660
4 Bed Rent	$2,750	$2,860

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% of Rental Stock

Studio

3.4%

1 Bedroom

12.0%

2 Bedrooms

47.2%

3 Bedrooms

32.0%

4 Bedrooms

5.3%

Property Listings — Middletown, DE

As of Dec '25, Realtor.com reports that the median days on market for a home in Middletown, DE is 53. This is a increase of 13.0% from last year, suggesting that homes are sitting on the market longer 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	$603,000	3.0%
Listing Count	207	1.0%
Listings as % of Homes	1.0%	1.0%
Days on Market	58	-2.0%

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Demographics — Middletown, DE

As of the latest ACS Survey released in 2023, Middletown, DE has a population of 50,500, which has increased by 23.9% over the past 5 years. Middletown, DE is a popular place for families, as children make up 27.6% of the population. The area has a highly educated workforce, with 49.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	50,500	23.9%
% Under 18	27.6%	-0.7%
% Seniors	17.5%	26.8%
% WFH	18.2%	145.9%
% w/ College Degree	49.2%	37.4%

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As of the latest ACS Survey released in 2023, Middletown, DE is a predominantly white area, with 59.0% of the population identifying as white. The white population has shrunk by 12.1% in the last 5 years. The second most common race or ethnicity in Middletown, DE is black, making up 24.1% of the population. Foreign-born residents account for 11.0% of the population in Middletown, DE, and this percentage has increased by 86.4% 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	59.0%	-12.1%
% Black	24.1%	19.9%
% Hispanic	6.3%	-20.3%
% Asian	7.2%	105.7%
% Foreign Born	11.0%	86.4%

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Mortgage and Risk — Middletown, DE

According to HUD data as of 2023, there were 1469 mortgage originations in Middletown, DE, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Middletown, DE. Investor activity is low, as 2.0% 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	1,469
% Conventional Loans	84.0%
% Government Loans	16.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Middletown, DE

As of 2024, the percent of homes in Middletown, DE under the Section 8 program is 8.4%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Middletown, DE, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	210
Total Units Section 8	210
% Rentals under Section 8	8.4%
% Occupied Section 8	78.2%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$460	$1,200	$1,660
2 Bedroom	-$10	$1,990	$1,980
3 Bedroom	-$360	$2,750	$2,390
4 Bedroom	-$40	$2,750	$2,710

Middletown, DE—19709

Key Metrics at a Glance

Home Price Trends — Middletown, DE

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Middletown, DE

% of Rental Stock

Property Listings — Middletown, DE

Demographics — Middletown, DE

Race and Ethnicity

Mortgage and Risk — Middletown, DE

Mortgages

Rentals and Section 8 — Middletown, DE

Section 8 Market Size

Section 8 Opportunity

Affordability — Middletown, DE

Home Price to Income Ratio

Middletown, DE — ZIP Code Boundary Map

Nearby ZIP Codes

Odessa Heights

Saint Georges

Thorntown

Bear, DE

Townsend, DE

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$528,000
Median Household Income	$130,000

Middletown, DE—19709

Key Metrics at a Glance

Home Price Trends — Middletown, DE

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Middletown, DE

% of Rental Stock

Property Listings — Middletown, DE

Demographics — Middletown, DE

Race and Ethnicity

Mortgage and Risk — Middletown, DE

Mortgages

Rentals and Section 8 — Middletown, DE

Section 8 Market Size

Section 8 Opportunity

Affordability — Middletown, DE

Home Price to Income Ratio

Middletown, DE — ZIP Code Boundary Map

Nearby ZIP Codes

Odessa Heights

Saint Georges

Thorntown

Bear, DE

Townsend, DE

Frequently Asked Questions

What is the average home price in Middletown, DE 19709?

How have home prices in Middletown, DE 19709 changed over the past year?

What is the home price projection for Middletown, DE 19709?

What are the demographics of Middletown, DE 19709?

How long does it take homes to sell in Middletown, DE 19709?

What is the average rent price in Middletown, DE 19709?