Middletown, IN 47356 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Middletown, IN—47356

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$237,000

4.7% YoY Growth

Household Income

$68,700

23.6% YoY Growth

Days on Market

18.0% Shorter YoY

Home Price Forecast

3.4%

Median Rent

$1,210

15.7% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,210

5.6% YoY Growth

Home Price Trends — Middletown, IN

As of Dec '25, the median home price in Middletown, IN is $237,000, with a year-over-year change of 4.7%. This indicates that home prices in Middletown, IN are increasing. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$237,000	4.7%
Single Family	$237,000	4.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Middletown, IN

As of July '25, Rentcast reports the average rent in Middletown, IN is $1,180, with a year-over-year rent change of 15.7%. Per bedroom, the median rent as of July '25 in Middletown, IN is 3-bedrooms: $1,180. The most common rental property sizes in Middletown, IN are 2-bedroom and 3-bedroom, accounting for 35.9% and 34.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,210	$1,180
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,210	$1,180
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

3.0%

1 Bedroom

20.7%

2 Bedrooms

35.9%

3 Bedrooms

34.1%

4 Bedrooms

5.3%

5+ Bedrooms

1.0%

Property Listings — Middletown, IN

As of Dec '25, Realtor.com reports that the median days on market for a home in Middletown, IN is 32. 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 21.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$227,000	8.0%
Listing Count	15	-2.0%
Listings as % of Homes	0.4%	-2.0%
Days on Market	51	-18.0%

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Demographics — Middletown, IN

As of the latest ACS Survey released in 2023, Middletown, IN has a population of 5,510, which has increased by 4.9% over the past 5 years. Middletown, IN is a moderately popular place for families, as children make up 21.6% of the population. The area has a poorly educated workforce, with 17.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	5,510	4.9%
% Under 18	21.6%	6.4%
% Seniors	20.4%	0.0%
% WFH	12.5%	278.8%
% w/ College Degree	17.2%	-15.7%

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As of the latest ACS Survey released in 2023, Middletown, IN is a predominantly white area, with 90.5% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Middletown, IN is hispanic, making up 3.3% of the population. Foreign-born residents account for 1.9% of the population in Middletown, IN, and this percentage has increased by 533.3% 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	90.5%	-5.9%
% Black	1.9%	533.3%
% Hispanic	3.3%	83.3%
% Asian	0.9%	80.0%
% Foreign Born	1.9%	533.3%

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Mortgage and Risk — Middletown, IN

According to HUD data as of 2023, there were 109 mortgage originations in Middletown, IN, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Middletown, IN. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	109
% Conventional Loans	76.0%
% Government Loans	24.0%
% Investor Loans	1.0%
% Second Loans	2.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Middletown, IN

Middletown, IN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% Rentals under Section 8	0.2%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$790
2 Bedroom	N/A	N/A	$1,030
3 Bedroom	$120	$1,210	$1,330
4 Bedroom	N/A	N/A	$1,370

Middletown, IN—47356

Key Metrics at a Glance

Home Price Trends — Middletown, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Middletown, IN

% of Rental Stock

Property Listings — Middletown, IN

Demographics — Middletown, IN

Race and Ethnicity

Mortgage and Risk — Middletown, IN

Mortgages

Rentals and Section 8 — Middletown, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Middletown, IN

Home Price to Income Ratio

Middletown, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Sulphur Springs

Daleville, IN

Gridley, IN

Markleville, IN

Mount Summit

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.9
Median Home Price	$237,000
Median Household Income	$68,700

Middletown, IN—47356

Key Metrics at a Glance

Home Price Trends — Middletown, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Middletown, IN

% of Rental Stock

Property Listings — Middletown, IN

Demographics — Middletown, IN

Race and Ethnicity

Mortgage and Risk — Middletown, IN

Mortgages

Rentals and Section 8 — Middletown, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Middletown, IN

Home Price to Income Ratio

Middletown, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Sulphur Springs

Daleville, IN

Gridley, IN

Markleville, IN

Mount Summit

Frequently Asked Questions

What is the average home price in Middletown, IN 47356?

How have home prices in Middletown, IN 47356 changed over the past year?

What is the home price projection for Middletown, IN 47356?

What are the demographics of Middletown, IN 47356?

How long does it take homes to sell in Middletown, IN 47356?

What is the average rent price in Middletown, IN 47356?