Housing in Midway, NC is flourishing. The median value for housing in the area is $192,900, which is substantially lower than the national median value of $338,100. However, housing in the area has seen a tremendous growth over the past year with an appreciation rate of 16.56%, significantly higher than the national one-year appreciation rate of 8.27%. This shows that Midway, NC is a great place to invest in housing and offers excellent returns on investment.
The median home cost in Midway is $192,900. Home appreciation the last 10 years has been 86.5%. Home Appreciation in Midway is up 20.0%.
Average Age of Homes
- The median age of Midway real estate is 33 years old
The Rental Market in Midway
- Renters make up 7.5% of the Midway population
- 0.4% 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.