Midland, PA—15059
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Midland, PA
As of Oct '25, the median home price in Midland, PA is $114,000, with a year-over-year change of 3.7%. This indicates that home prices in Midland, PA are increasing. According to Zillow, the 1-year price projection is -1.9%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $114,000 | 3.7% |
| Single Family | $103,000 | 5.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $73,000 | -2.7% |
3 Bed | $144,000 | 5.9% |
4 Bed | $145,000 | 3.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Midland, PA
As of July '25, Rentcast reports the average rent in Midland, PA is $1,010, with a year-over-year rent change of 6.9%. Per bedroom, the median rent as of July '25 in Midland, PA is 1-bedrooms: $800, 2-bedrooms: $957, 3-bedrooms: $1,070, 4-bedrooms: $1,200. The most common rental property sizes in Midland, PA are 3-bedroom and 2-bedroom, accounting for 51.5% and 38.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,010 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $800 |
| 2 Bed Rent | $950 | $957 |
| 3 Bed Rent | $1,100 | $1,070 |
| 4 Bed Rent | $1,200 | $1,200 |
% of Rental Stock
Property Listings — Midland, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Midland, PA is 58. This is a increase of 54.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 55.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $118,000 | -8.0% |
Listing Count | 11 | -37.0% |
| Listings as % of Homes | 0.3% | -37.0% |
Days on Market | 58 | 54.0% |
Demographics — Midland, PA
As of the latest ACS Survey released in 2023, Midland, PA has a population of 4,190, which has decreased by -1.5% over the past 5 years. Midland, PA is a popular place for families, as children make up 25.7% of the population. The area has a poorly educated workforce, with 13.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,190 | -1.5% |
% Under 18 | 25.7% | 12.2% |
% Seniors | 20.4% | 11.5% |
% WFH | 6.6% | 407.7% |
% w/ College Degree | 13.1% | 56.0% |
As of the latest ACS Survey released in 2023, Midland, PA is a predominantly white area, with 88.1% of the population identifying as white. The white population has grown by 12.8% in the last 5 years. The second most common race or ethnicity in Midland, PA is black, making up 6.7% of the population. Foreign-born residents account for 0.6% of the population in Midland, PA, and this percentage has decreased by 33.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.1% | 12.8% |
% Black | 6.7% | -58.4% |
% Hispanic | 1.0% | -69.7% |
% Asian | 0.2% | ∞% |
% Foreign Born | 0.6% | -33.3% |
Mortgage and Risk — Midland, PA
According to HUD data as of 2023, there were 40 mortgage originations in Midland, PA, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Midland, PA. Investor activity is low, as 10.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 40 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 10.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Midland, PA
As of 2024, the percent of homes in Midland, PA under the Section 8 program is 1.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Midland, PA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 112 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 1.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $10 | $800 | $810 |
| 2 Bedroom | $20 | $950 | $970 |
| 3 Bedroom | $140 | $1,100 | $1,240 |
| 4 Bedroom | $130 | $1,200 | $1,330 |
Affordability — Midland, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.4 |
| Median Home Price | $114,000 |
| Median Household Income | $68,900 |