The Long & Foster Market Minute

FOCUS ON: MIDDLETOWN, MYERSVILLE, AND KNOXVILLE HOUSING MARKET JUNE 2025

Zip Code(s): 21769, 21773, 21758, 21716, 21755, 21777 and 21718
Units Sold
43
Active Inventory
80
Median Sale Price
$485,000
Days On Market
20
Up 5%
Vs. Year Ago
Down -7%
Vs. Year Ago
Down -3%
Vs. Year Ago
Up 25%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in June, with 43 sold this month in Middletown, Myersville, and Knoxville Real Estate versus 48 last month, a decrease of 10%. This month's total units sold was higher than at this time last year, an increase of 5% versus June 2024.

Active Inventory
Versus last year, the total number of homes available this month is lower by 6 units or 7%. The total number of active inventory this June was 80 compared to 86 in June 2024. This month's total of 80 is lower than the previous month's total supply of available inventory of 83, a decrease of 4%.

Median Sale Price
Last June, the median sale price for Middletown, Myersville, and Knoxville Homes was $500,000. This June, the median sale price was $485,000, a decrease of 3% or $15,000 compared to last year. The current median sold price is 1% lower than in May.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.


New Listings
45
Current Contracts
39
Sold Vs. List Price
99.0%
Months of Supply
1.9
Down -13%
Vs. Year Ago
Up 11%
Vs. Year Ago
Down -1.2%
Vs. Year Ago
Down -11%
Vs. Year Ago

Months of Supply
In June, there was 1.9 months of supply available in Middletown, Myersville, and Knoxville, compared to 2.1 in June 2024. That is a decrease of 11% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

New Listings & Current Contracts
This month there were 45 homes newly listed for sale in Middletown, Myersville, and Knoxville compared to 52 in June 2024, a decrease of 13%. There were 39 current contracts pending sale this June compared to 35 a year ago. The number of current contracts is 11% higher than last June.

Sale Price to List Price Ratio
In June, the average sale price in Middletown, Myersville, and Knoxville was 99.0% of the average list price, which is 1.2% lower than at this time last year.

Days on Market
This month, the average number of days on market was 20, higher than the average last year, which was 16, an increase of 25%.

The Long & Foster Market Minute Middletown, Myersville, and Knoxville are defined as properties listed in zip code/s 21769, 21773, 21758, 21716, 21755, 21777 and 21718.
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
REALTOR, Equal Opportunity HousingInformation included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.