Custom Rhode Island Market Report

Middletown, RI 02842

Single-Family Homes

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



Middletown, RI 02842

Thu Jan 17 2019
This week the median list price for Middletown, RI 02842 is $525,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 41. Click here to stay informed with the Middletown market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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

Thu Jan 17 2019
This week the median list price for Middletown, RI 02842 is $525,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 41. Click here to stay informed with the Middletown market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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 $525,000
Per Square Foot $308
Days on Market 166
Price Decreased 44%
Price Increased 5%
Relisted 24%
Inventory 41
Median House Rent
Most Expensive $4,395,000
Least Expensive $299,000
Market Action Index
Slight Seller's Advantage
32

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
$1,350,000 3,369 1 - 2.5 acres 4 3 45 0 1 297
$634,000 2,181 0.25 - 0.5 acre 3 3 45 1 2 105
$479,700 1,823 0.5 - 1 acre 3 2 40 2 0 88
$339,900 1,176 0.25 - 0.5 acre 3 1 59 0 3 175