Is Midway, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Midway is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Midway was a Seller's Market.

Key Takeaway

Midway is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Midway, GA cost?

Median Sold Price

$270,000

$180/sqft

Based on all homes sold in April 2022.

Difference Since Last Month

-$8,000(-2.9%)

Key Takeaway

Homes in Midway have sold for 2.9% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2022Apr 2022%
1 --
N/A
2 --
N/A
3 $181.2K$270K
+49.0%
4 $290K-
N/A
5+ --
N/A

How many homes are available in Midway, GA?

Number of Homes For Sale

Mar 2022Apr 2022%
97-22.2%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 31
-66.7%
5+ 23
+50.0%

Number of Homes Sold

Mar 2022Apr 2022%
51-80.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Midway, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Midway, GA

Homes for sale in Midway, GA have reached 7. Between March 2022 and April 2022, Midway, GA real estate market has seen decrease in the number of listings by 22.2%. Between April 2021 and April 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties became 0% more expensive, 3 bedrooms properties became 49% more expensive, prices of 4 bedrooms properties increased by 0%, the cost of 5 bedrooms properties went up by 0%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory did not change, the quantity of 3 bedrooms homes went down by 25%, 4 bedrooms homes inventory decreased by 66.7%, volume of 5 bedrooms homes went up by 50%. In April 2022, from all listings sold in Midway, GA there were more than 1 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price.