MIDDLETOWN HOUSING MARKET INFORMATION With 51,478 people, 19,453 houses or apartments, and a median cost of homes of $159,914, house prices in Middletown are some of the most affordable in Ohio as well as the nation. Single-family detached homes are the single most common housing type in Middletown, accounting for 68.32% of the city's housing units. Other types of housing that are prevalent in Middletown include large apartment complexes or high rise apartments ( 13.43%), duplexes, homes converted to apartments or other small apartment buildings ( 10.07%), and a few row houses and other attached homes ( 7.00%). The most prevalent building size and type in Middletown are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.82% owning and 46.18% renting. At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Middletown's housing was primarily built during this period, from the '40s through the '60s. A full 39.11% of the city's housing hails from this era. Other housing ages represented in Middletown include homes built between 1970-1999 ( 30.49%) and housing constructed before 1939 ( 23.69%). There's also some housing in Middletown built between 2000 and later ( 6.71%). MIDDLETOWN HOME APPRECIATION RATES Appreciation rates for homes in Middletown have been tracking above average for the last ten years, according to 蘑菇视频 data. The cumulative appreciation rate over the ten years has been 96.84%, which ranks in the top 50% nationwide. This equates to an annual average Middletown house appreciation rate of 7.01%. 蘑菇视频's data show that during the latest twelve months, Middletown's appreciation rate, at 8.50%, has been at or slightly above the national average. In the latest quarter, Middletown's appreciation rate has been 0.69%, which annualizes to a rate of 2.81%. Relative to Ohio, our data show that Middletown's latest annual appreciation rate is lower than 80% of the other cities and towns in Ohio. One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Middletown differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in Middletown - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Middletown real estate investment or home purchase decisions.