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

Sat Jul 11 2020
This week the median list price for Middletown, RI 02842 is $595,250 with the market action index hovering around 35. This is an increase over last month's market action index of 32. Inventory has held steady at or around 34. 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.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Middletown, RI 02842

Sat Jul 11 2020
This week the median list price for Middletown, RI 02842 is $595,250 with the market action index hovering around 35. This is an increase over last month's market action index of 32. Inventory has held steady at or around 34. 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.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Middletown market.
Median List Price $595,250
Per Square Foot $296
Days on Market 161
Price Decreased 29%
Price Increased 0%
Relisted 15%
Inventory 34
Median Rent $2,325
Most Expensive $3,700,000
Least Expensive $285,000
Market Action 35
Slight Seller's Advantage

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
$2,495,000 5,081 1 - 2.5 acres 4 4 43 0 0 370
$639,000 2,654 0.5 - 1 acre 4 2 44 2 1 71
$500,000 1,767 0.25 - 0.5 acre 4 2 47 4 2 62
$409,000 1,722 4,500 - 6,500 sqft 3 1 70 0 1 153