Midway, AR71941

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$120,000
N/A
Median Household Income
$78,900
84.5% 5-Year Growth
Days on Market
25
71.0% Shorter than last year
Home Price Forecast
N/A
Median 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

Other Zip Codes in Midway, AR

Property Listings — Midway, AR

As of Oct '25, Realtor.com reports that the median days on market for a home in Midway, AR is 25. This is a decrease of -71.0% 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 67.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$120,000-65.0%
Listing Count
3-50.0%
Listings as % of HomesN/A-50.0%
Days on Market
25-71.0%
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Demographics — Midway, AR

As of the latest ACS Survey released in 2023, Midway, AR has a population of 2,240, which has increased by 1.4% over the past 5 years. Midway, AR is a less popular place for families, as children make up 14.1% of the population. The area has a poorly educated workforce, with 16.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,2401.4%
% Under 18
14.1%-34.4%
% Seniors
20.0%25.0%
% WFH
0.5%-16.7%
% w/ College Degree
16.0%36.8%
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As of the latest ACS Survey released in 2023, Midway, AR is a predominantly white area, with 96.5% of the population identifying as white. The white population has remained stable in the last 5 years. The second most common race or ethnicity in Midway, AR is hispanic, making up 2.0% of the population. Foreign-born residents account for 0.0% of the population in Midway, AR, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
96.5%0.0%
% Black
0.0%-100.0%
% Hispanic
2.0%5.3%
% Asian
0.0%N/A
% Foreign Born
0.0%-100.0%
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Mortgage and Risk — Midway, AR

According to HUD data as of 2023, there were 44 mortgage originations in Midway, AR, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Midway, AR. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
44
% Conventional Loans
84.0%
% Government Loans
16.0%
% Investor Loans
2.0%
% Second Loans
2.0%
% Cash Out Refinance
14.0%

Loan Activity

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Rentals and Section 8 — Midway, AR

Midway, AR lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$650
2 BedroomN/AN/A$850
3 BedroomN/AN/A$1,130
4 BedroomN/AN/A$1,430

Affordability — Midway, AR

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home PriceN/A
Median Household Income$78,900

Midway, AR — ZIP Code Boundary Map

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Frequently Asked Questions