The housing market in Midway, MN is quite prosperous. The median value of homes in Midway is $141,900, which is significantly lower than the US House Median Value of $338,100. Despite this difference, homes in Midway have seen similar appreciation over the last year at 8.21% compared to 8.27% in the US overall. This shows that investing in property in Midway can be a sound decision for those looking to purchase a home or invest in real estate.
The median home cost in Midway is $141,900. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Midway is up 13.6%.
Average Age of Homes
- The median age of Midway real estate is 52 years old
The Rental Market in Midway
- Renters make up 60.0% 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.