Mortgage payment estimates, closing cost breakdowns, and homebuying data for Middletown, Delaware.
Pre-filled with Middletown median home price and Delaware tax/insurance rates. Adjust for your property.
Estimated closing costs based on Delaware rates and fees applied to Middletown prices.
The median home price in Middletown is $375,000, 6% above the Delaware state median of $355,000. With a population of 22,350, Middletown is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in Delaware average 0.56% annually. This low property tax rate is a significant advantage for Middletown buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in Delaware runs approximately $1,300 per year. This is within the normal range nationally.
Average rent in Middletown is $1,550/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Middletown presents moderate affordability. The $375K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.