Midway, FL

Full City Profile · Florida · Gadsden County County

3.7 /5.0
B+ Good
3,504 Population 364/sq mi density
$61,048 Median Income $23,607 per capita
$212,400 Home Value $253,207 Zillow
$1,002 Median Rent 51.0% income on rent
69°F Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$61,048 median income, 3.3% unemployment
A+
Affordability
4.7 / 5.0
$212,400 home value, $1,002/mo rent
B
Education
3.1 / 5.0
26.8% bachelor's degree or higher

Housing Overview

Median Home Value
$212,400
25% below
US avg: $281,900
Median Rent
$1,002/mo
14% below
US avg: $1,163/mo
Homeownership Rate
88.1%
35% above US avg (65.4%)
Total Housing Units
1,177
Median year built: 2004

Home Value by Source

Census Median
$212,400
Zillow (ZHVI)
$253,207
Redfin Median Sale
$260,900
Median Sale Price
$260,900
Median List Price
$325,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

88.1%
Owner-Occupied
11.9%
Renter-Occupied
88%
12%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent: $1,002/mo

Market Indicators (Redfin)

Median Sale Price
$260,900
Median Days on Market
92 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$188
Active Inventory
11
homes for sale

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
2004
Average age of housing stock: 22 years
Homeownership Rate
88.1%

Complete Housing Data

Home Values

Census Median Value$212,400
Zillow Home Value (ZHVI)$253,207
Redfin Median Sale$260,900
Median Sale Price$260,900
Median List Price$325,000
Price Per Sq Ft$188

Rent

Census Median Rent$1,002
FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market92
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold5
Active Inventory11
Price Per Sq Ft$188

Ownership & Stock

Owner-Occupied88.1%
Renter-Occupied11.9%
Homeownership Rate88.1%
Total Housing Units1,177
Median Year Built2004
Rent Burden51.0%