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

Fri Dec 06 2019
This week the median list price for Middletown, RI 02842 is $559,500 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has held steady at or around 40. 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

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

Fri Dec 06 2019
This week the median list price for Middletown, RI 02842 is $559,500 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has held steady at or around 40. 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

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 $559,500
Per Square Foot $330
Days on Market 183
Price Decreased 60%
Price Increased 0%
Relisted 10%
Inventory 40
Median Rent $2,225
Most Expensive $14,600,000
Least Expensive $199,900
Market Action 40
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
$2,972,500 4,275 1 - 2.5 acres 4 3 30 0 0 417
$817,250 2,337 0.5 - 1 acre 4 2 62 1 0 79
$524,950 1,647 0.25 - 0.5 acre 3 2 59 2 1 96
$339,900 1,104 8,000 - 10,000 sqft 3 1 71 1 1 140