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Midway Park, NC—28544

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$217,000
1.1% YoY Growth
Household Income
$49,400
24.6% YoY Growth
Days on Market
17
15.0% Shorter YoY
Home Price Forecast
2.4%
Median Rent
$1,400
16.0% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,300
15.2% YoY Growth
3-Bed Rent
$1,600
5.2% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Midway Park, NC

As of May '26, the median home price in Midway Park, NC is $217,000, with a year-over-year change of 1.1%. This indicates that home prices in Midway Park, NC are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$217,0001.1%
Single Family $217,0001.4%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$173,0004.2%
    3 Bed
    		$238,0004.8%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    0.3%
    2 Bedrooms
    31.8%
    3 Bedrooms
    54.7%
    4 Bedrooms
    12.9%
    5+ Bedrooms
    0.3%

    Rental Trends — Midway Park, NC

    As of July '25, Rentcast reports the average rent in Midway Park, NC is $1,380, with a year-over-year rent change of 16.0%. Per bedroom, the median rent as of July '25 in Midway Park, NC is 2-bedrooms: $1,290, 3-bedrooms: $1,610, 4-bedrooms: $1,600. The most common rental property sizes in Midway Park, NC are 3-bedroom and 2-bedroom, accounting for 49.7% and 31.8% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,400$1,380
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $1,300$1,290
    3 Bed Rent $1,600$1,610
    4 Bed Rent $1,600$1,600
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    % of Rental Stock

    2 Bedrooms
    31.8%
    3 Bedrooms
    49.7%
    4 Bedrooms
    18.0%
    5+ Bedrooms
    0.5%

    Property Listings — Midway Park, NC

    As of May '26, Realtor.com reports that the median days on market for a home in Midway Park, NC is 17. This is a decrease of -15.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$230,000-2.0%
    Listing Count
    		16-8.0%
    Listings as % of Homes0.8%-8.0%
    Days on Market
    		17-15.0%
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    Demographics — Midway Park, NC

    As of the latest ACS Survey released in 2023, Midway Park, NC has a population of 4,260, which has decreased by -36.3% over the past 5 years. Midway Park, NC is a moderately popular place for families, as children make up 23.7% of the population. The area has a poorly educated workforce, with 18.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		4,260-36.3%
    % Under 18
    		23.7%-6.3%
    % Seniors
    		8.4%95.3%
    % WFH
    		12.5%635.3%
    % w/ College Degree
    		18.0%3.4%
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    As of the latest ACS Survey released in 2023, Midway Park, NC is a predominantly white area, with 44.0% of the population identifying as white. The white population has shrunk by 31.1% in the last 5 years. The second most common race or ethnicity in Midway Park, NC is black, making up 21.2% of the population. Foreign-born residents account for 5.1% of the population in Midway Park, NC, and this percentage has increased by 6.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		44.0%-31.1%
    % Black
    		21.2%4.4%
    % Hispanic
    		19.8%94.1%
    % Asian
    		0.8%-52.9%
    % Foreign Born
    		5.1%6.2%
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    Mortgage and Risk — Midway Park, NC

    Midway Park, NC lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip 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
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    Rentals and Section 8 — Midway Park, NC

    Midway Park, NC lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		16
    Total Units Section 8
    		16
    % Rentals under Section 8
    		2.0%
    % Occupied Section 8
    		60.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$930
    2 Bedroom-$150$1,300$1,150
    3 Bedroom$20$1,600$1,620
    4 Bedroom$350$1,600$1,950

    Affordability — Midway Park, NC

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4
    Median Home Price$217,000
    Median Household Income$49,400

    Midway Park, NC — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    28539

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    Frequently Asked Questions