Midway, FL—32343
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Midway, FL
As of Oct '25, the median home price in Midway, FL is $253,000, with a year-over-year change of -1.0%. This indicates that home prices in Midway, FL are flat. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $253,000 | -1.0% |
| Single Family | $253,000 | -1.2% |
| 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 | $249,000 | -0.8% |
4 Bed | $306,000 | -1.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Midway, FL
As of July '25, Rentcast reports the average rent in Midway, FL is $1,790, with a year-over-year rent change of -10.5%. Per bedroom, the median rent as of July '25 in Midway, FL is 3-bedrooms: $1,790. The most common rental property sizes in Midway, FL are 2-bedroom and 3-bedroom, accounting for 54.4% and 29.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,680 | $1,790 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,680 | $1,790 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Midway, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Midway, FL is 36. This is a decrease of -48.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $342,000 | 12.0% |
Listing Count | 10 | -42.0% |
| Listings as % of Homes | 1.5% | -42.0% |
Days on Market | 36 | -48.0% |
Demographics — Midway, FL
As of the latest ACS Survey released in 2023, Midway, FL has a population of 3,580, which has increased by 8.5% over the past 5 years. Midway, FL is a popular place for families, as children make up 36.6% of the population. The area has a poorly educated workforce, with 24.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,580 | 8.5% |
% Under 18 | 36.6% | 26.6% |
% Seniors | 4.3% | -2.3% |
% WFH | 7.1% | 914.3% |
% w/ College Degree | 24.8% | 2.1% |
As of the latest ACS Survey released in 2023, Midway, FL is a predominantly black area, with 90.5% of the population identifying as black. The black population has grown by 7.2% in the last 5 years. The second most common race or ethnicity in Midway, FL is hispanic, making up 7.1% of the population. Foreign-born residents account for 0.6% of the population in Midway, FL, and this percentage has decreased by 89.1% 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 | 3.3% | -43.1% |
% Black | 90.5% | 7.2% |
% Hispanic | 7.1% | 24.6% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.6% | -89.1% |
Mortgage and Risk — Midway, FL
According to HUD data as of 2023, there were 76 mortgage originations in Midway, FL, of which 51.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 55.0% above 90% LTV (very high). This implies large mortgage risk in Midway, FL. Investor activity is low, as 0.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 76 |
% Conventional Loans | 51.0% |
% Government Loans | 49.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Midway, FL
Midway, FL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 38 |
Total Units Section 8 | 38 |
% Rentals under Section 8 | 28.6% |
% Occupied Section 8 | 69.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,090 |
| 2 Bedroom | N/A | N/A | $1,220 |
| 3 Bedroom | -$140 | $1,680 | $1,540 |
| 4 Bedroom | N/A | N/A | $1,720 |
Affordability — Midway, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $253,000 |
| Median Household Income | $60,700 |