The housing market in Midway, FL is quite promising. The median house value is currently at $235,100, which is significantly lower than the US median of $338,100. Furthermore, the appreciation rate for houses in Midway over the last year was 12.33%, much higher than the 8.27% nationwide appreciation rate. This indicates that now is a great time to invest in housing in Midway as it continues to see rapid growth and appreciation.
The median home cost in Midway is $235,100. Home appreciation the last 10 years has been 93.9%. Home Appreciation in Midway is up 16.1%.
Average Age of Homes
- The median age of Midway real estate is 16 years old
The Rental Market in Midway
- Renters make up 22.2% of the Midway population
- 1.4% 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.