Middletown, DE—19709
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Middletown, DE
As of Oct '25, the median home price in Middletown, DE is $527,000, 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 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $527,000 | 3.8% |
| Single Family | $529,000 | 3.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $421,000 | 3.2% |
3 Bed | $422,000 | 2.2% |
4 Bed | $595,000 | 4.0% |
| 5 Bed | $698,000 | 2.2% |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Middletown, DE
As of Oct '25, Realtor.com reports that the median days on market for a home in Middletown, DE is 51. This is a increase of 23.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $614,000 | 6.0% |
Listing Count | 246 | 3.0% |
| Listings as % of Homes | 1.0% | 3.0% |
Days on Market | 51 | 23.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Middletown, DE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $527,000 |
| Median Household Income | $130,000 |