Midway, TN—37809
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Midway, TN
As of Oct '25, the median home price in Midway, TN is $187,000, with a year-over-year change of -4.6%. This indicates that home prices in Midway, TN are decreasing. According to Zillow, the 1-year price projection is 4.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $187,000 | -4.6% |
| Single Family | $187,000 | -3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Midway, TN
Midway, TN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Midway, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Midway, TN is 75. This is a decrease of -34.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $315,000 | -10.0% |
Listing Count | 6 | -33.0% |
| Listings as % of Homes | 0.3% | -33.0% |
Days on Market | 75 | -34.0% |
Demographics — Midway, TN
As of the latest ACS Survey released in 2023, Midway, TN has a population of 2,390, which has remained stable by -0.8% over the past 5 years. Midway, TN is a moderately popular place for families, as children make up 19.2% of the population. The area has a poorly educated workforce, with 5.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,390 | -0.8% |
% Under 18 | 19.2% | -33.6% |
% Seniors | 12.9% | -17.3% |
% WFH | 3.1% | ∞% |
% w/ College Degree | 5.1% | -58.9% |
As of the latest ACS Survey released in 2023, Midway, TN is a predominantly white area, with 88.5% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Midway, TN is hispanic, making up 8.9% of the population. Foreign-born residents account for 3.3% of the population in Midway, TN, and this percentage has increased by 725.0% 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 | 88.5% | -4.3% |
% Black | 2.5% | ∞% |
% Hispanic | 8.9% | 1,680.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 3.3% | 725.0% |
Mortgage and Risk — Midway, TN
Midway, TN 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, TN
Midway, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $880 |
| 2 Bedroom | N/A | N/A | $980 |
| 3 Bedroom | N/A | N/A | $1,370 |
| 4 Bedroom | N/A | N/A | $1,510 |
Affordability — Midway, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $187,000 |
| Median Household Income | $57,800 |