This Week's Real Estate Market Report

Middletown, RI 02842

Single-Family Homes

The Hogan Associates Real Estate Team | 401-845-9500 | info@hoganassociatesre.com



Middletown, RI 02842

Tue Mar 02 2021
This week the median list price for Middletown, RI 02842 is $575,000 with the market action index hovering around 55. This is an increase over last month's market action index of 51. Inventory has held steady at or around 9. Click here to stay informed with the Middletown market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Middletown, RI 02842

Tue Mar 02 2021
This week the median list price for Middletown, RI 02842 is $575,000 with the market action index hovering around 55. This is an increase over last month's market action index of 51. Inventory has held steady at or around 9. Click here to stay informed with the Middletown market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Middletown market.
Median List Price $575,000
Per Square Foot $330
Days on Market 42
Price Decreased 33%
Price Increased 11%
Relisted 11%
Inventory 9
Median Rent $3,500
Most Expensive $1,499,000
Least Expensive $329,923
Market Action 55
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,182,000 1,413 5 - 10 acres 3 2 24 1 1 112
$829,500 2,309 0.5 - 1 acre 3 2 1 0 0 35
$482,000 1,543 0.25 - 0.5 acre 3 1 55 1 2 49
$340,000 1,508 0.25 - 0.5 acre 3 1 71 0 0 63