Middletown, IN—47356
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Middletown, IN
As of Oct '25, the median home price in Middletown, IN is $235,000, with a year-over-year change of 5.0%. This indicates that home prices in Middletown, IN are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $235,000 | 5.0% |
| Single Family | $235,000 | 4.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $155,000 | 4.0% |
3 Bed | $241,000 | 4.8% |
4 Bed | $277,000 | 3.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Middletown, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Middletown, IN is 31. This is a decrease of -21.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $200,000 | -26.0% |
Listing Count | 17 | -20.0% |
| Listings as % of Homes | 0.4% | -20.0% |
Days on Market | 31 | -21.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Middletown, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $235,000 |
| Median Household Income | $68,700 |