Middletown, NY

Population: 27,728
Average annual home appreciation rate: 3.10%
Total of homes for sale in this market: 310
Median home price: $211,652
Median Rent: $1,228
Home price range: 40.85% of homes are between $103,001 – $206,000
Median sales price: $150,000
Number of homes: 816
Median foreclosure sales price: $102,000
Foreclosure discount: 32%
Most common home type: 42.18% of homes are single family detached
Number of vacant homes: 10.77%
Number of renters: 50.68%
Number of owner occupied: 49.32%
Number people living below poverty level: 18.23%
Unemployment rate: 4.70%
Is this area perfect for real estate deals going on right now? Appreciation is constantly rising in this area which could be promising.

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