Midway, LA—71071
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Midway, LA
Midway, LA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| 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, LA
Midway, LA 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, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Midway, LA is 83. This is a increase of 48.0% 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 57.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $179,000 | 30.0% |
Listing Count | 7 | 90.0% |
| Listings as % of Homes | N/A | 90.0% |
Days on Market | 83 | 48.0% |
Demographics — Midway, LA
As of the latest ACS Survey released in 2023, Midway, LA has a population of 2,180, which has decreased by -15.3% over the past 5 years. Midway, LA is a moderately popular place for families, as children make up 20.6% of the population. The area has a poorly educated workforce, with 10.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,180 | -15.3% |
% Under 18 | 20.6% | -8.8% |
% Seniors | 17.8% | 6.6% |
% WFH | 4.9% | 16.7% |
% w/ College Degree | 10.9% | -22.7% |
As of the latest ACS Survey released in 2023, Midway, LA is a predominantly white area, with 95.9% of the population identifying as white. The white population has grown by 5.8% in the last 5 years. The second most common race or ethnicity in Midway, LA is black, making up 1.1% of the population. Foreign-born residents account for 0.6% of the population in Midway, LA, and this percentage has decreased by 64.7% 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 | 95.9% | 5.8% |
% Black | 1.1% | -81.7% |
% Hispanic | 0.3% | -89.7% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.6% | -64.7% |
Mortgage and Risk — Midway, LA
According to HUD data as of 2023, there were 28 mortgage originations in Midway, LA, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 54.0% above 90% LTV (very high). This implies large mortgage risk in Midway, LA. Investor activity is low, as 4.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 28 |
% Conventional Loans | 54.0% |
% Government Loans | 46.0% |
% Investor Loans | 4.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Midway, LA
Midway, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% 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 | $970 |
| 2 Bedroom | N/A | N/A | $1,120 |
| 3 Bedroom | N/A | N/A | $1,420 |
| 4 Bedroom | N/A | N/A | $1,550 |
Affordability — Midway, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $35,700 |