Midway City, CA—92655
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Midway City, CA
As of Oct '25, the median home price in Midway City, CA is $998,000, with a year-over-year change of -1.1%. This indicates that home prices in Midway City, CA are decreasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $998,000 | -1.1% |
| Single Family | $1,031,000 | -2.1% |
| Condos | $602,000 | -0.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $725,000 | -0.7% |
3 Bed | $980,000 | -2.0% |
4 Bed | $1,123,000 | -2.0% |
| 5 Bed | $1,243,000 | -3.9% |
% of Housing Stock
Rental Trends — Midway City, CA
As of July '25, Rentcast reports the average rent in Midway City, CA is $2,680, with a year-over-year rent change of 9.8%. Per bedroom, the median rent as of July '25 in Midway City, CA is 1-bedrooms: $2,450, 2-bedrooms: $2,410, 3-bedrooms: $4,000. The most common rental property sizes in Midway City, CA are 2-bedroom and 1-bedroom, accounting for 31.8% and 24.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,680 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,450 | $2,450 |
| 2 Bed Rent | $2,400 | $2,410 |
| 3 Bed Rent | $4,000 | $4,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Midway City, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Midway City, CA is 25. This is a decrease of -52.0% 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 | $1,160,000 | 7.0% |
Listing Count | 5 | 88.0% |
| Listings as % of Homes | 0.1% | 88.0% |
Days on Market | 25 | -52.0% |
Demographics — Midway City, CA
As of the latest ACS Survey released in 2023, Midway City, CA has a population of 8,100, which has decreased by -3.7% over the past 5 years. Midway City, CA is a moderately popular place for families, as children make up 20.1% of the population. The area has a poorly educated workforce, with 21.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,100 | -3.7% |
% Under 18 | 20.1% | -13.0% |
% Seniors | 16.4% | 21.5% |
% WFH | 8.1% | 131.4% |
% w/ College Degree | 21.1% | 25.6% |
As of the latest ACS Survey released in 2023, Midway City, CA is a predominantly asian area, with 44.5% of the population identifying as asian. The asian population has shrunk by 22.1% in the last 5 years. The second most common race or ethnicity in Midway City, CA is hispanic, making up 35.0% of the population. Foreign-born residents account for 49.1% of the population in Midway City, CA, and this percentage has decreased by 0.4% 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 | 15.9% | 19.5% |
% Black | 0.9% | 200.0% |
% Hispanic | 35.0% | 26.8% |
% Asian | 44.5% | -22.1% |
% Foreign Born | 49.1% | -0.4% |
Mortgage and Risk — Midway City, CA
According to HUD data as of 2023, there were 28 mortgage originations in Midway City, CA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Midway City, CA. Investor activity is low, as 14.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 28 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 14.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — Midway City, CA
Midway City, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 618 |
Total Units Section 8 | 618 |
% Rentals under Section 8 | 32.7% |
% Occupied Section 8 | 86.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$340 | $2,450 | $2,110 |
| 2 Bedroom | $110 | $2,400 | $2,510 |
| 3 Bedroom | -$600 | $4,000 | $3,400 |
| 4 Bedroom | N/A | N/A | $4,030 |
Affordability — Midway City, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 13.9 |
| Median Home Price | $998,000 |
| Median Household Income | $64,600 |