Midway City, CA has seen impressive growth in the housing market over the last year. The median value for houses in Midway City is currently at $644,900, which is significantly higher than the U.S. median of $338,100. This increase in value has been driven by an appreciation rate of 14.67%, which is nearly double the national average of 8.27%. It's clear that Midway City offers a desirable location for prospective homeowners looking for a stable real estate market with substantial appreciation potential.
The median home cost in Midway City is $644,900. Home appreciation the last 10 years has been 109.2%. Home Appreciation in Midway City is up 22.3%.
Average Age of Homes
- The median age of Midway City real estate is 50 years old
The Rental Market in Midway City
- Renters make up 60.4% of the Midway City population
- 0.0% of houses and apartments in Midway City, 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.