Midway—15060
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Midway
Home Price Trends — Midway
As of Oct '25, the median home price in Midway is $160,000, with a year-over-year change of 6.6%. This indicates that home prices in Midway are increasing. According to Zillow, the 1-year price projection is -1.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $160,000 | 6.6% |
| Single Family | $160,000 | 7.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $172,000 | 5.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Midway
As of July '25, Rentcast reports the average rent in Midway is $795, with a year-over-year rent change of 10.1%. Per bedroom, the median rent as of July '25 in Midway is 2-bedrooms: $795. The most common rental property sizes in Midway are 2-bedroom and 5+ bedroom, accounting for 81.7% and 10.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $795 | $795 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $795 | $795 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Midway
As of Oct '25, Realtor.com reports that the median days on market for a home in Midway is 50. This is a decrease of -60.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 133.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $220,000 | -14.0% |
Listing Count | 3 | 167.0% |
| Listings as % of Homes | 0.6% | 167.0% |
Days on Market | 50 | -60.0% |
Demographics — Midway
As of the latest ACS Survey released in 2023, Midway has a population of 839, which has increased by 11.4% over the past 5 years. Midway is a less popular place for families, as children make up 13.3% of the population. The area has a poorly educated workforce, with 10.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 839 | 11.4% |
% Under 18 | 13.3% | -44.6% |
% Seniors | 27.1% | 46.5% |
% WFH | 7.5% | ∞% |
% w/ College Degree | 10.3% | 10.8% |
As of the latest ACS Survey released in 2023, Midway is a predominantly white area, with 95.5% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Midway is asian, making up 0.6% of the population. Foreign-born residents account for 0.6% of the population in Midway, and this percentage has increased by 100.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.5% | -0.8% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.6% | ∞% |
% Foreign Born | 0.6% | 100.0% |
Mortgage and Risk — Midway
Midway lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Midway
Midway lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | $115 | $795 | $910 |
| 3 Bedroom | N/A | N/A | $1,160 |
| 4 Bedroom | N/A | N/A | $1,250 |
Affordability — Midway
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $160,000 |
| Median Household Income | $53,300 |