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FOCUS ON: MIDDLETOWN, MYERSVILLE, AND KNOXVILLE HOUSING MARKET |
JULY 2025 |
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Zip Code(s): 21769, 21773, 21758, 21716, 21755, 21777 and 21718 |
Units Sold
43 |
Active Inventory
84 |
Median Sale Price
$552,000 |
Days On Market
19 |
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Down -10%
Vs. Year Ago |
Down -1%
Vs. Year Ago |
Up 2%
Vs. Year Ago |
Down -21%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in July, with 43 sold this month in Middletown, Myersville, and Knoxville Real Estate versus 45 last month, a decrease of 4%. This month's total units sold was lower than at this time last year, a decrease of 10% versus July 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 1 units or 1%. The total number of active inventory this July was 84 compared to 85 in July 2024. This month's total of 84 is lower than the previous month's total supply of available inventory of 93, a decrease of 10%.
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Median Sale Price
Last July, the median sale price for Middletown, Myersville, and Knoxville Homes was $539,182. This July, the median sale price was $552,000, an increase of 2% or $12,818 compared to last year. The current median sold price is 14% higher than in June.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
50 |
Current Contracts
38 |
Sold Vs. List Price
100.4% |
Months of Supply
2.0 |
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Down -4%
Vs. Year Ago |
Down -17%
Vs. Year Ago |
Down -0.9%
Vs. Year Ago |
Up 10%
Vs. Year Ago |
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Months of Supply
In July, there was 2.0 months of supply available in Middletown, Myersville, and Knoxville, compared to 1.8 in July 2024. That is an increase of 10% 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.
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New Listings & Current Contracts
This month there were 50 homes newly listed for sale in Middletown, Myersville, and Knoxville compared to 52 in July 2024, a decrease of 4%. There were 38 current contracts pending sale this July compared to 46 a year ago. The number of current contracts is 17% lower than last July.
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Sale Price to List Price Ratio
In July, the average sale price in Middletown, Myersville, and Knoxville was 100.4% of the average list price, which is 0.9% lower than at this time last year.
Days on Market
This month, the average number of days on market was 19, lower than the average last year, which was 24, a decrease of 21%.
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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. |
Information 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. |