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These days, finding an affordable place to live in the Midway area can be challenging. Home prices in Midway are now at a median cost of $269,470, lower than the North Carolina average of $323,314.
The average cost of rent is $958/mo in Midway, primarily driven by the current value of real estate in the Midway area. In Midway, 9.87% of households rent, and 37.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Midway is $7,622 per month. Households that rent pay about 12.57% of their income on rent here. Midway’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wallburg, NC: higher priced homes
- Welcome, NC: less expensive homes
- Winston-Salem, NC: equally priced homes
- Clemmons, NC: higher priced homes
- Thomasville, NC: less expensive homes
- Lexington, NC: less expensive homes
- Bermuda Run, NC: higher priced homes
- Advance, NC: higher priced homes
- High Point, NC: less expensive homes
- Flint Hill, NC: equally priced homes
Cities with Similar Populations
- Rio Bravo, TX: less expensive homes
- Maysville, NC: less expensive homes
- Woodbridge, CA: higher priced homes
- Carlisle, KY: less expensive homes
- Wilsonville, AL: higher priced homes
- Watertown, TN: higher priced homes
- Union, MS: less expensive homes
- Stockbridge, MI: less expensive homes
- Seneca, MO: less expensive homes
- Sebring, OH: less expensive homes
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