Midway Park, NC—28544
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Midway Park, NC
As of Oct '25, the median home price in Midway Park, NC is $190,000, with a year-over-year change of 1.3%. This indicates that home prices in Midway Park, NC are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $190,000 | 1.3% |
| Single Family | $190,000 | 1.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $166,000 | 4.4% |
3 Bed | $232,000 | 4.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
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.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,380 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,300 | $1,290 |
| 3 Bed Rent | $1,600 | $1,610 |
| 4 Bed Rent | $1,600 | $1,600 |
% of Rental Stock
Property Listings — Midway Park, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Midway Park, NC is 44. This is a increase of 45.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $233,000 | 3.0% |
Listing Count | 15 | -6.0% |
| Listings as % of Homes | 0.8% | -6.0% |
Days on Market | 44 | 45.0% |
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.
| Metric | Latest Census | YoY % 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% |
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
| Metric | Latest Census | 5-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% |
Mortgage and Risk — Midway Park, NC
Midway Park, NC 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 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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/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
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $190,000 |
| Median Household Income | $49,400 |