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 Sep 19 2020
This week the median list price for Middletown, RI 02842 is $849,999 with the market action index hovering around 52. This is an increase over last month's market action index of 45. Inventory has held steady at or around 19. 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

Sat Sep 19 2020
This week the median list price for Middletown, RI 02842 is $849,999 with the market action index hovering around 52. This is an increase over last month's market action index of 45. Inventory has held steady at or around 19. 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 $849,999
Per Square Foot $301
Days on Market 127
Price Decreased 26%
Price Increased 5%
Relisted 26%
Inventory 19
Median Rent $2,600
Most Expensive $3,300,000
Least Expensive $395,000
Market Action 52
Strong Seller's Market

Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$2,347,500 6,241 1 - 2.5 acres 6 6 97 1 1 166
$1,295,000 2,268 1 - 2.5 acres 4 2 44 1 1 246
$574,900 2,369 0.25 - 0.5 acre 4 2 31 1 2 99
$399,000 1,665 0.25 - 0.5 acre 3 1 55 2 3 4