Is Middletown, IL 62666 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Middletown is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list93.8%Sold price ÷ list price
Median days on market45Listing to accepted offer
Median price per sq ft$96▼ −45.9% vs. last year

The Middletown housing market right now

In the three months ending August 31, 2026, 0% of homes in Middletown, IL 62666 sold above their list price, the typical home went under contract in 45 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 100%, homes sold about as fast and the median sale price fell 49% to $143,438. Overall, Middletown is less competitive than a year ago, which gives buyers more room.

Within Logan County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Latham 62543 (50% sold over asking) and Mount Pulaski 62548 (50% sold over asking) are even more competitive.

Nearby markets

Atlanta 61723Seller’s market $113 /sq ftBeason 62512Seller’s market $97 /sq ftChestnut 62518 — /sq ftElkhart 62634Seller’s market $113 /sq ft Browse all markets →

Where Middletown is

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Questions about Middletown real estate

Is Middletown a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Middletown, IL 62666 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Middletown?

The typical home went under contract in 45 days in the latest three months.

Do homes in Middletown sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 93.8% of the list price.

What are property taxes in Middletown?

About 1.77% of a home’s value a year in Logan County, or roughly $7,080 on a $400,000 home.

What is the median home price in Middletown?

The median sale price was $143,438 in the three months ending August 31, 2026, about $96 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology