Middletown, MD—21769
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Middletown, MD
As of Oct '25, the median home price in Middletown, MD is $564,000, with a year-over-year change of 3.6%. This indicates that home prices in Middletown, MD are increasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $564,000 | 3.6% |
| Single Family | $565,000 | 2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $464,000 | 1.8% |
4 Bed | $648,000 | 2.2% |
| 5 Bed | $783,000 | 1.8% |
% of Housing Stock
Rental Trends — Middletown, MD
As of July '25, Rentcast reports the average rent in Middletown, MD is $2,190, with a year-over-year rent change of -8.4%. Per bedroom, the median rent as of July '25 in Middletown, MD is 1-bedrooms: $1,420, 2-bedrooms: $2,400, 3-bedrooms: $2,620. The most common rental property sizes in Middletown, MD are 2-bedroom and 3-bedroom, accounting for 37.1% and 35.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,190 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,420 |
| 2 Bed Rent | $2,300 | $2,400 |
| 3 Bed Rent | $2,500 | $2,620 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Middletown, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Middletown, MD is 36. This is a decrease of -3.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $650,000 | -10.0% |
Listing Count | 48 | 59.0% |
| Listings as % of Homes | 0.4% | 59.0% |
Days on Market | 36 | -3.0% |
Demographics — Middletown, MD
As of the latest ACS Survey released in 2023, Middletown, MD has a population of 12,700, which has increased by 13.5% over the past 5 years. Middletown, MD is a moderately popular place for families, as children make up 24.7% of the population. The area has a highly educated workforce, with 48.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,700 | 13.5% |
% Under 18 | 24.7% | 2.9% |
% Seniors | 18.6% | 32.9% |
% WFH | 24.4% | 238.9% |
% w/ College Degree | 48.5% | 2.8% |
As of the latest ACS Survey released in 2023, Middletown, MD is a predominantly white area, with 84.8% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in Middletown, MD is asian, making up 5.0% of the population. Foreign-born residents account for 5.4% of the population in Middletown, MD, and this percentage has decreased by 5.3% 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 | 84.8% | -6.9% |
% Black | 1.0% | -60.0% |
% Hispanic | 3.5% | 34.6% |
% Asian | 5.0% | 194.1% |
% Foreign Born | 5.4% | -5.3% |
Mortgage and Risk — Middletown, MD
According to HUD data as of 2023, there were 234 mortgage originations in Middletown, MD, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Middletown, MD. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 234 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Middletown, MD
Middletown, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $320 | $1,300 | $1,620 |
| 2 Bedroom | -$480 | $2,300 | $1,820 |
| 3 Bedroom | -$220 | $2,500 | $2,280 |
| 4 Bedroom | N/A | N/A | $2,680 |
Affordability — Middletown, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $564,000 |
| Median Household Income | $149,000 |