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Wednesday, November 27, 2024

Middletown home prices fall in the second half of 2018

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The median sale price of a home sold in the second half of 2018 in Middletown fell by $44,500 while total sales decreased by 75%, according to BlockShopper.com.

From July through December of 2018, there were two homes sold, with a median sale price of $10,000 - a 81.7% decrease over the $54,500 median sale price for the same period of the previous year. There were eight homes sold in Middletown in the second half of 2017.

The median sales tax in Middletown for the most recent year with available data, 2017, was $943, approximately 9.4% of the median home sale price for the second half of 2018.

The following table compares Middletown to other Logan County cities in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Mount Pulaski241384.6%$76,250$65,00017.3%
Atlanta181612.5%$74,250$85,250-12.9%
Elkhart52150%$72,000$43,50065.5%
Lincoln1301208.3%$70,000$71,050-1.5%
Emden6520%$62,250$122,750-49.3%
Hartsburg40-$43,062.50$0-
Latham4333.3%$29,500$60,000-50.8%
New Holland20-$25,000$0-
Middletown28-75%$10,000$54,500-81.7%

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