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Midland, NC

Full City Profile · North Carolina · Cabarrus County County

3.4 /5.0
B Good
4,758 Population 357/sq mi density
$85,551 Median Income $40,520 per capita
$342,700 Home Value $421,124 Zillow
$1,230 Median Rent 25.9% income on rent
61°F Avg Temperature 310 sunny days/yr
136 Violent Crime/100K 2,049 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$85,551 median income, 1.3% unemployment
A
Affordability
4.4 / 5.0
$342,700 home value, $1,230/mo rent
F
Safety
1.0 / 5.0
136 violent crimes/100K
B+
Education
3.6 / 5.0
32.4% bachelor's degree or higher

Housing Overview

Median Home Value
$342,700
22% above
US avg: $281,900
Median Rent
$1,230/mo
6% above
US avg: $1,163/mo
Homeownership Rate
78.2%
20% above US avg (65.4%)
Total Housing Units
1,633
Median year built: 2001

Home Value by Source

Census Median
$342,700
Zillow (ZHVI)
$421,124
Median Sale Price
$431,500
Median List Price
$405,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

78.2%
Owner-Occupied
21.8%
Renter-Occupied
78%
22%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent: $1,230/mo · Zillow rent: $1,902/mo

Market Indicators (Redfin)

Median Days on Market
104 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
11
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$167
Active Inventory
15
homes for sale

Affordability & Housing Stock

Rent Burden
25.9%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
2001
Average age of housing stock: 25 years
Homeownership Rate
78.2%

Complete Housing Data

Home Values

Census Median Value$342,700
Zillow Home Value (ZHVI)$421,124
Median Sale Price$431,500
Median List Price$405,000
Price Per Sq Ft$167

Rent

Census Median Rent$1,230
Zillow Rent (ZORI)$1,902
FMR Studio$932
FMR 1-Bedroom$981
FMR 2-Bedroom$1,161
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,780

Market

Days on Market104
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold11
Active Inventory15
Price Per Sq Ft$167

Ownership & Stock

Owner-Occupied78.2%
Renter-Occupied21.8%
Homeownership Rate78.2%
Total Housing Units1,633
Median Year Built2001
Rent Burden25.9%