The housing market in Midway, AL is thriving. The median value for homes in Midway is $80,200 compared to the US median at $338,100. What's more, the appreciation rate for houses in Midway over the past year is 16.13%, far exceeding the 8.27% average across the US. This indicates that housing prices are increasing in Midway and that it may be a good time to invest in real estate there.
The median home cost in Midway is $80,200. Home appreciation the last 10 years has been 46.0%. Home Appreciation in Midway is up 13.3%.
Average Age of Homes
- The median age of Midway real estate is 34 years old
The Rental Market in Midway
- Renters make up 27.6% of the Midway population
- 0.0% of houses and apartments in Midway, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.