Midland City, AL 36350 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Midland City, AL—36350

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$197,000

1.0% YoY Growth

Household Income

$55,200

33.7% YoY Growth

Days on Market

12.0% Shorter YoY

Home Price Forecast

1.5%

Median Rent

$1,200

4.0% YoY Growth

1-Bed Rent

$575

78.1% YoY Growth

2-Bed Rent

$1,200

51.0% YoY Growth

3-Bed Rent

$1,500

9.8% YoY Growth

Home Price Trends — Midland City, AL

As of Dec '25, the median home price in Midland City, AL is $197,000, with a year-over-year change of 1.0%. This indicates that home prices in Midland City, AL are flat. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$197,000	1.0%
Single Family	$197,000	1.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Midland City, AL

As of July '25, Rentcast reports the average rent in Midland City, AL is $1,310, with a year-over-year rent change of 4.0%. Per bedroom, the median rent as of July '25 in Midland City, AL is 1-bedrooms: $935, 2-bedrooms: $1,010, 3-bedrooms: $1,450, 4-bedrooms: $2,200. The most common rental property sizes in Midland City, AL are 3-bedroom and 2-bedroom, accounting for 44.1% and 36.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,200	$1,310
Studio Rent	N/A	N/A
1 Bed Rent	$575	$935
2 Bed Rent	$1,200	$1,010
3 Bed Rent	$1,500	$1,450
4 Bed Rent	$2,200	$2,200

Loading chart...

% of Rental Stock

Studio

1.7%

1 Bedroom

12.7%

2 Bedrooms

36.2%

3 Bedrooms

44.1%

4 Bedrooms

3.3%

5+ Bedrooms

2.1%

Property Listings — Midland City, AL

As of Dec '25, Realtor.com reports that the median days on market for a home in Midland City, AL is 57. This is a decrease of -16.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$268,000	-17.0%
Listing Count	45	36.0%
Listings as % of Homes	0.5%	36.0%
Days on Market	62	-12.0%

Loading chart...

Demographics — Midland City, AL

As of the latest ACS Survey released in 2023, Midland City, AL has a population of 7,680, which has increased by 15.8% over the past 5 years. Midland City, AL is a moderately popular place for families, as children make up 24.2% of the population. The area has a poorly educated workforce, with 21.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	7,680	15.8%
% Under 18	24.2%	-9.7%
% Seniors	14.4%	1.4%
% WFH	3.9%	225.0%
% w/ College Degree	21.8%	27.5%

Loading chart...

As of the latest ACS Survey released in 2023, Midland City, AL is a predominantly white area, with 68.8% of the population identifying as white. The white population has shrunk by 8.5% in the last 5 years. The second most common race or ethnicity in Midland City, AL is black, making up 23.5% of the population. Foreign-born residents account for 2.0% of the population in Midland City, AL, and this percentage has increased by 11.1% 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	68.8%	-8.5%
% Black	23.5%	25.7%
% Hispanic	4.5%	309.1%
% Asian	0.2%	0.0%
% Foreign Born	2.0%	11.1%

Loading chart...

Mortgage and Risk — Midland City, AL

According to HUD data as of 2023, there were 55 mortgage originations in Midland City, AL, of which 51.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Midland City, AL. Investor activity is low, as 2.0% 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	55
% Conventional Loans	51.0%
% Government Loans	49.0%
% Investor Loans	2.0%
% Second Loans	4.0%
% Cash Out Refinance	20.0%

Loading chart...

Rentals and Section 8 — Midland City, AL

As of 2024, the percent of homes in Midland City, AL under the Section 8 program is 13.7%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Midland City, AL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	189
Total Units Section 8	189
% Rentals under Section 8	13.7%
% Occupied Section 8	73.3%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$105	$575	$680
2 Bedroom	-$380	$1,200	$820
3 Bedroom	-$400	$1,500	$1,100
4 Bedroom	-$890	$2,200	$1,310

Midland City, AL—36350

Key Metrics at a Glance

Home Price Trends — Midland City, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Midland City, AL

% of Rental Stock

Property Listings — Midland City, AL

Demographics — Midland City, AL

Race and Ethnicity

Mortgage and Risk — Midland City, AL

Mortgages

Rentals and Section 8 — Midland City, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Midland City, AL

Home Price to Income Ratio

Midland City, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Pinckard

Dothan, AL

Dothan, AL

Newton, AL

Ozark, AL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.2
Median Home Price	$197,000
Median Household Income	$55,200

Midland City, AL—36350

Key Metrics at a Glance

Home Price Trends — Midland City, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Midland City, AL

% of Rental Stock

Property Listings — Midland City, AL

Demographics — Midland City, AL

Race and Ethnicity

Mortgage and Risk — Midland City, AL

Mortgages

Rentals and Section 8 — Midland City, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Midland City, AL

Home Price to Income Ratio

Midland City, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Pinckard

Dothan, AL

Dothan, AL

Newton, AL

Ozark, AL

Frequently Asked Questions

What is the average home price in Midland City, AL 36350?

How have home prices in Midland City, AL 36350 changed over the past year?

What is the home price projection for Midland City, AL 36350?

What are the demographics of Midland City, AL 36350?

How long does it take homes to sell in Midland City, AL 36350?

What is the average rent price in Midland City, AL 36350?