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 19 2024
This week the median list price for Middletown, RI 02842 is $1,995,000 with the market action index hovering around 57. This is an increase over last month's market action index of 54. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Middletown, RI 02842

Tue Mar 19 2024
This week the median list price for Middletown, RI 02842 is $1,995,000 with the market action index hovering around 57. This is an increase over last month's market action index of 54. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Middletown market.
Median List Price $1,995,000
Median Price of New Listings $1,995,000
Per Square Foot $599
Average Days on Market 88
Median Days on Market 42
Price Decreased 22%
Price Increased 0%
Relisted 11%
Inventory 9
Median Rent
Market Action 57
Strong Seller's Market

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$4,622,000 3,922 0.5 - 1 acre 4 4 70 0 0 77
$2,849,500 3,897 1 - 2.5 acres 4 4.3 2 0 0 154
$1,772,500 2,934 1 - 2.5 acres 3 3 63 1 0 98
$995,000 2,430 0.25 - 0.5 acre 3 2.5 52 0 0 42