Midway, GA—31320
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Midway, GA
As of Oct '25, the median home price in Midway, GA is $287,000, with a year-over-year change of 3.2%. This indicates that home prices in Midway, GA are increasing. According to Zillow, the 1-year price projection is 3.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $287,000 | 3.2% |
| Single Family | $288,000 | 2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $191,000 | 1.6% |
3 Bed | $284,000 | 3.3% |
4 Bed | $332,000 | 1.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Midway, GA
As of July '25, Rentcast reports the average rent in Midway, GA is $2,000, with a year-over-year rent change of 0.5%. Per bedroom, the median rent as of July '25 in Midway, GA is 1-bedrooms: $1,300, 3-bedrooms: $1,990, 4-bedrooms: $2,080. The most common rental property sizes in Midway, GA are 3-bedroom and 2-bedroom, accounting for 43.6% and 32.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,300 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,900 | $1,990 |
| 4 Bed Rent | $2,100 | $2,080 |
% of Rental Stock
Property Listings — Midway, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Midway, GA is 80. This is a increase of 42.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $358,000 | 0.0% |
Listing Count | 118 | 22.0% |
| Listings as % of Homes | 1.0% | 22.0% |
Days on Market | 80 | 42.0% |
Demographics — Midway, GA
As of the latest ACS Survey released in 2023, Midway, GA has a population of 10,400, which has increased by 26.3% over the past 5 years. Midway, GA is a moderately popular place for families, as children make up 20.4% of the population. The area has a poorly educated workforce, with 19.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,400 | 26.3% |
% Under 18 | 20.4% | -10.5% |
% Seniors | 17.7% | 4.7% |
% WFH | 7.0% | 133.3% |
% w/ College Degree | 19.5% | -1.5% |
As of the latest ACS Survey released in 2023, Midway, GA is a predominantly white area, with 56.2% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in Midway, GA is black, making up 33.7% of the population. Foreign-born residents account for 1.7% of the population in Midway, GA, and this percentage has decreased by 43.3% 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 | 56.2% | -5.2% |
% Black | 33.7% | 0.9% |
% Hispanic | 5.2% | 62.5% |
% Asian | 0.4% | -69.2% |
% Foreign Born | 1.7% | -43.3% |
Mortgage and Risk — Midway, GA
According to HUD data as of 2023, there were 304 mortgage originations in Midway, GA, of which 42.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 52.0% above 90% LTV (very high). This implies large mortgage risk in Midway, GA. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 304 |
% Conventional Loans | 42.0% |
% Government Loans | 58.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Midway, GA
Midway, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 15 |
Total Units Section 8 | 15 |
% Rentals under Section 8 | 1.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$70 | $1,300 | $1,230 |
| 2 Bedroom | N/A | N/A | $1,360 |
| 3 Bedroom | -$60 | $1,900 | $1,840 |
| 4 Bedroom | $180 | $2,100 | $2,280 |
Affordability — Midway, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $287,000 |
| Median Household Income | $69,000 |