Is Midway, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Midway was a Seller's Market.
Housing Prices in Midway, GA
How much do homes in Midway, GA cost?
Median Sold Price
$305,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Midway was $305,000 in April 2024, up 15.1% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $265K | N/A |
2 Bedrooms | $205K | $171.1K | -16.5% |
3 Bedrooms | $235K | $285K | +21.3% |
4 Bedrooms | $305K | $312K | +2.3% |
5+ Bedrooms | $325K | $345.5K | +6.3% |
Summary: Midway housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.5%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 6.3%.
Housing Supply in Midway, GA
How many homes are available in Midway, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
68 | 69 | +1.5% |
Summary: The Midway real estate market had 69 homes for sale in April 2024, a 1.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 3 | -50.0% |
3 Bedrooms | 23 | 29 | +26.1% |
4 Bedrooms | 32 | 31 | -3.1% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Midway housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 26.1%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 8 | -57.9% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Midway in April 2024, down by 57.9% month-over-month. Of the 8 sold homes, 13% were sold under asking, 50% were sold at asking, and 38% were sold over asking.
Days on Market for Midway, GA
We’re sorry, we don't have information for this market at the moment