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Housing in Middletown

A typical Middletown home is worth roughly $293,000

Home prices around Middletown have risen about 39% over the past 5 years.

Typical home value
$293K
▼ 2.9% in a year · MN $351K
Estimate
2-bedroom rent
$970
a month, utilities in · HUD
Median tax bill
$2,143
MN $3,357

What kind of housing town is Middletown?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Price trend

Home prices up 39% in 5 years

The federal house price index for the ZIP code around Middletown rose 39% over the past 5 years, about the same as across Minnesota. Last year prices fell 2.9%.

Middletown areaMinnesota
0%+50%+100%+150%+200%200020052010201520202025
−2.9%
past year
+39%
past 5 years
+56%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Middletown, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Affordability

What it takes to buy in Middletown

Try your own numbers below.

You could afford about
$341,000
Typical Middletown home $293K

That covers a typical Middletown home, with $48K to spare.

The typical home, each month
$1,780
Loan $1,450Tax $250Insurance $90

A two-bedroom rents for about $970 a month here, $810 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Minnesota typical property tax (1.02% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $970

Renters already here pay a median of $1,375.

Fair Market Rent a month, utilities included

Studio$670
1 bedroom$850
2 bedrooms$970
3 bedrooms$1,280
4 bedrooms$1,290
20%
of households rent · MN 28%
16
renter households
$1,375
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Jackson County, MN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

81% of Middletown households own their home

Half of Middletown’s homes were built before 1974.

Owners and renters
Own 81%Rent 20%

Minnesota: 72% own.

1974
typical home built · MN 1979
$2,143
median property tax bill · MN $3,357

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Next door

Middletown vs. its neighbors

The towns that share a border with Middletown. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Middletown$293K*−2.9%†$970$54,048
Petersburg—−2.9%†$1,070$79,583
Des Moines—−2.9%†$970$89,167

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Middletown buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Middletown still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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