Skove Real Estate Team • eXp Realty • Red Bank, NJ • NJShoreRealtors.com
Middletown Single-Family Home Market Report
The Middletown single-family home market in July 2026 is the hottest of any Monmouth County town covered in this report series so far. With a median sold price of $1,018,450, homes selling in a median of 16 days, and a list-to-sale ratio of 108.52% — the highest of any market covered here — Middletown sellers are seeing results that outpace both Red Bank and the county overall. Months of supply sits at just 1.27, down 36.5% year-over-year, and the median estimated home value of $955,050 is up 4.1% year-over-year. Eighteen single-family homes closed in July across this large, in-demand township.
Data source: Realtors Property Resource (RPR), July 31, 2026. Single-Family Residence only, Middletown, NJ.
Why Single-Family Data Tells a Different Story
Middletown's blended median sold price (all property types) reads lower than the single-family figure, and the countywide number pools Middletown in with 52 other municipalities. Think of it like a batting average: broader figures include every property type and every town in the lineup. This report isolates the data that actually applies to Middletown single-family sellers and buyers — and this month, Middletown is outperforming every other market in this series on every headline metric.
Key Market Statistics — July 2026 (Single-Family Residence)
| Metric | July 2026 | June 2026 | Month-over-Month |
|---|---|---|---|
| Median Sold Price (SFR) | $1,018,450 | $983,888 | ↑ 3.51%* |
| Median Estimated Home Value | $955,050 | $945,400 | ↑ 1.02% |
| Median Active List Price | $899,900 | ~$774,900 | ↑ 16.1% |
| Median Days on Market (Sold) | 16 days | ~21 days | ↓ 23.81% (faster) |
| List-to-Sale Price Ratio | 108.52% | ~104.2% | ↑ 4.13% |
| Months of Supply | 1.27 months | ~1.43 months | ↓ 11.2% • ↓36.5% over 12 months |
| Active SFR Listings (Middletown) | 19 | ~20 | ↓ 5% |
| Closed Sales (July 2026) | 18 | ~17 | ↑ 5.9% |
| New Listings (July 2026) | 22 | ~21 | ↑ 4.8% |
| New Pending (July 2026) | 35 | ~34 | ↑ 2.9% |
| Median Closed $/sqft | $430/sqft | ~$469/sqft | ↓ 8.3% |
| 12-Month Value Change | +4.15% • $917,000 → $955,050 • +$38,050 | ||
| 36-Month Value Change | +28.08% • $745,640 → $955,050 • +$209,410 | ||
*With roughly 18 closings a month, Middletown's median sold price is more volatile than the county's 581-closing sample — a handful of higher- or lower-priced homes closing in a given month can swing the median well beyond what's happening to true market value. The Median Estimated Home Value row is the steadier read on appreciation. June comparison figures marked "~" are calculated from RPR's own reported month-over-month percentages. Source: Realtors Property Resource (RPR), July 31, 2026. Estimated values are model-generated, not formal appraisals.
Market Analysis — What the Numbers Mean
For single-family sellers:
Middletown is the strongest market covered in this series, full stop. A 108.52% list-to-sale ratio and 1.27 months of supply put it ahead of Red Bank (105.82%, 1.43 months) and well ahead of the county (101.92%, 2.98 months). Active inventory actually shrank 5% month-over-month to just 19 homes, even as new listings and new pendings both rose — meaning demand is absorbing supply faster than it can replenish. One unusual wrinkle worth flagging: this month's median active list price ($899,900) is actually below the median sold price ($1,018,450), the reverse of the pattern in Red Bank and the county. That likely reflects a mix effect — the homes that just closed skewed larger or more premium than what's currently sitting active — but it also means current sellers may be leaving room on the table if they're pricing to last month's comps rather than this month's demand.
For single-family buyers:
Middletown offers the least negotiating room of any market in this series. At a 16-day median DOM and a 108.52% list-to-sale ratio, well-priced homes are gone fast and often for well over asking — 17 Ballantine Rd closed in 9 days at 30.36% over list. The outlier is instructive: 35 Woodland Dr sat 229 days before finally closing under ask, a reminder that even in the hottest market covered here, a home that's genuinely mispriced or has real condition issues will still sit. Buyers willing to look at listings that have been on the market 60+ days may find the only real leverage in this town right now.
The PSA perspective on the list-price gap:
Middletown's median list price is actually down 9.78% over the past 12 months ($997,450 a year ago vs. $899,900 today), even as median sold price is up 28.11% and estimated value is up 4.15% over the same window. With only 19 active listings, this is very likely a composition effect — a different mix of home sizes and price points listing this month versus a year ago — rather than sellers actually pricing lower. The takeaway for sellers: don't anchor to the active list median in this market. What's actually closing ($1,018,450 median, 108.52% of list) is the number that matters, and it's telling a considerably stronger story than the active inventory alone would suggest.
Mansion Tax Note: For transactions at or above $1,000,001 — common in Middletown, along with Colts Neck, Rumson, and Sea Girt — New Jersey's Mansion Tax (P.L. 2025, c. 69, effective July 10, 2025) shifted from a flat 1% buyer-paid fee to a graduated seller-paid rate: 1% from $1M–$2M, 2% from $2M–$2.5M, 2.5% from $2.5M–$3M, 3% from $3M–$3.5M, and 3.5% above $3.5M — applied to the full purchase price. On this month's $1,865,000 closing at Fox Hill Rd, the seller's Mansion Tax obligation lands at approximately $18,650 (the 1% bracket). Five of this month's 10 sampled Middletown closings crossed the $1M threshold — more than any other town in this series — so factor this into net proceeds before listing, not after an offer arrives.
3-Year Price Trend — Single-Family Residence
Middletown SFR median values at multiple time horizons — Source: RPR, 7/31/2026
| Metric | Current (Jul 2026) | 12 Months Ago | Change | 36 Months Ago | Change |
|---|---|---|---|---|---|
| Median Est. Home Value | $955,050 | $917,000 | +4.15% | $745,640 | +28.08% |
| Median Sold Price | $1,018,450 | $795,000 | +28.11%* | $654,000 | +55.73%* |
*Treat these sold-price figures with real caution — at roughly 18 closings a month, Middletown's median is highly sensitive to which specific homes happened to close, and swings this large almost certainly overstate true appreciation. The Median Est. Home Value row (+4.15% over 12 months, +28.08% over 36) is the more reliable trend line. Median List Price's 24- and 36-month figures are omitted entirely — RPR's own data shows Middletown list price roughly doubling from a flat ~$540,000 baseline that held for years, consistent with a change in RPR's list-price data source in mid-2024 rather than a real market shift; the 12-month List Price comparison (-9.78%) falls entirely within the post-2024 data and is addressed separately above. Source: Realtors Property Resource (RPR) Market Snapshot, 7/31/2026.
Monthly Sales Activity — Single-Family (Last 12 Months)
New listings vs. closed sales volume, Middletown SFR. Source: RPR MLS data, 7/31/2026.
| Month | New Listings | Closed Sales | Month | New Listings | Closed Sales |
|---|---|---|---|---|---|
| Aug 2025 | 27 | 19 | Feb 2026 | 12 | 10 |
| Sep 2025 | 28 | 13 | Mar 2026 | 18 | 14 |
| Oct 2025 | 24 | 12 | Apr 2026 | 16 | 11 |
| Nov 2025 | 22 | 13 | May 2026 | 20 | 11 |
| Dec 2025 | 15 | 19 | Jun 2026 | 20 | 17 |
| Jan 2026 | 14 | 8 | Jul 2026 | 19 | 18 |
Sourced from RPR's Total Sales & Active Listings chart series for Middletown. February 2026 was the low point of the year at just 10 closings against 12 new listings; July's 18 closings against 19 new listings shows near-parity between supply and demand at the summer peak — a tighter balance than either Red Bank or the county managed this month. Closed sales figures may be subject to revision as transactions finalize.
Sample of Closed Single-Family Transactions — July 2026
Median closed price from this sample: $1,068,500. Median $/sqft: $452. (Sample of 10 skews toward higher-priced properties per the $650K+/3+ bed filter; Middletown's overall July median sold price is $1,018,450, already the highest of any town covered in this series.)
| Property | Closed Price | $/sqft | Sqft | DOM | List:Sale / Note |
|---|---|---|---|---|---|
| 25 Crane Ct 4/3 • 2,132 sqft • Built 1961 |
$1,450,000 | $680 | 2,132 | 9 | ↑ 16.19% — over ask, 9 days |
| 19 Acker Dr 4/3 • 2,196 sqft • Built 1958 |
$999,999 | $455 | 2,196 | 7 | ↑ 8.71% — over ask, 7 days |
| 10 Collinson Dr 4/2 • 1,728 sqft • Built 1955 |
$770,000 | $446 | 1,728 | 13 | ↑ 2.67% — over ask, 13 days |
| 121 Townsend Dr 3/3 • 2,306 sqft • Built 1965 |
$1,200,000 | $520 | 2,306 | 14 | ↑ 20% — strong demand, over ask |
| 35 Woodland Dr 3/2 • 1,724 sqft • Built 1963 |
$650,000 | $377 | 1,724 | 229 | ↓ 9.71% — sat 229 days, sold under ask |
| 11 Highview Cir 4/2 • 1,860 sqft • Built 1965 |
$835,000 | $449 | 1,860 | 11 | ↑ 5.83% — over ask, 11 days |
| 17 Ballantine Rd 3/2 • 2,000 sqft • Built 1966 |
$1,367,500 | $684 | 2,000 | 9 | ↑ 30.36% — best list:sale in this sample |
| 198 Deepdale Dr 4/3 • 2,928 sqft • Built 1965 |
$1,037,000 | $354 | 2,928 | 24 | ↓ 1.14% — large lot, near-market result |
| 25 Augustus Dr 3/4 • 2,949 sqft • Built 2024 |
$1,100,000 | $373 | 2,949 | 7 | ↑ 4.76% — newer construction, over ask |
| 27 Fox Hill Rd 5/4 • 3,800 sqft • Built 1966 |
$1,865,000 | $491 | 3,800 | 14 | ↑ 11.34% — highest price in this sample |
Source: RPR Market Activity report / MLS. Closed dates 7/22/2026–8/6/2026 (trailing 30 days as of the RPR pull date). List:Sale ratio calculated where available. $/sqft based on living area reported in MLS.
Frequently Asked Questions
What is the median single-family home price in Middletown right now?
The median sold price for a single-family home in Middletown as of July 2026 is $1,018,450 — up 3.51% from June, and the highest median of any Monmouth County town covered in this report series so far. With only about 18 closings a month, Middletown's median swings more than the county's; the median estimated home value, a steadier read, is $955,050, up 4.1% year-over-year.
How long does it take to sell a single-family home in Middletown?
Single-family homes in Middletown sold in a median of 16 days in July 2026, matching Red Bank and beating Monmouth County's 20-day median. Correctly priced homes move fastest: 18 Stork Ct went pending in 2 days, and 25 Crane Ct closed in 9 days at 16.19% over ask. The exception proves the rule — 35 Woodland Dr sat 229 days before finally closing under asking.
Are single-family homes in Middletown selling over asking price?
Yes, more than anywhere else covered in this report series. The average list-to-sale ratio for single-family homes in Middletown in July 2026 is 108.52% — ahead of Red Bank's 105.82% and well ahead of Monmouth County's 101.92%. Of 10 sampled closings, 8 sold above ask, led by 17 Ballantine Rd at 130.36% of list in just 9 days.
Is it a seller's or buyer's market for single-family homes in Middletown?
It's the tightest seller's market of any town covered in this series. Middletown has just 1.27 months of supply — down 11.2% from June and 36.5% over the past year — alongside a 108.52% list-to-sale ratio and a 16-day median DOM. Every headline metric points the same direction: demand is outrunning what little is coming to market.
How much have single-family home values increased in Middletown?
Middletown's median estimated single-family home value has risen 4.1% over the past 12 months and 28.08% over the past three years, from $745,640 to $955,050 today — a gain of about $209,410. That 12-month pace is actually the slowest of the three Monmouth County towns covered in this series, despite Middletown having the tightest supply and highest premiums — a reminder that a hot month-to-month market and fast long-run appreciation aren't the same thing.
What is a good price per square foot for a single-family home in Middletown?
Based on July 2026 closed transactions, the median price per square foot for single-family homes in Middletown is $430, down 8.3% from June. It ranges widely: a large Deepdale Dr home on nearly an acre closed at $354/sqft, while a smaller, updated Ballantine Rd home closed at $684/sqft. Price per square foot is a useful benchmark, never a substitute for a full comparative market analysis.
What is the housing market like in Middletown in late summer 2026?
Middletown's single-family market in late summer 2026 is the hottest of any Monmouth County town covered in this report series — hotter even than Red Bank. A 108.52% list-to-sale ratio, 16-day median DOM, and just 1.27 months of supply all point to intense, sustained demand against genuinely scarce inventory. Eighteen single-family homes closed in July, with well-priced listings drawing competitive offers within days rather than weeks.
Know What Your Middletown Home Is Worth
Middletown is the strongest market Ryan covers this month — a 108.52% list-to-sale ratio and just 1.27 months of supply mean well-priced homes are drawing the steepest premiums in the area. As a Middletown Township Housing Commissioner and 750+ transaction agent with $500M+ sold, Ryan Skove knows this market from both sides of the table — and exactly where your home lands in this data.
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