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Midway, NC
Full City Profile · North Carolina · Davidson County County
3.4
/5.0
B
Good
4,826
Population
619/sq mi density
$75,208
Median Income
$34,139 per capita
$250,000
Home Value
$260,277 Zillow
$649
Median Rent
19.9% income on rent
59°F
Avg Temperature
310 sunny days/yr
712
Violent Crime/100K
5,417 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$75,208 median income, 2.0% unemployment
A+
Affordability
4.8 / 5.0
$250,000 home value, $649/mo rent
F
Safety
1.0 / 5.0
712 violent crimes/100K (87% above avg)
B
Education
3.2 / 5.0
27.5% bachelor's degree or higher
Housing Overview
Median Home Value
$250,000
11% below
US avg: $281,900
Median Rent
$649/mo
44% below
US avg: $1,163/mo
Homeownership Rate
85.4%
31% above US avg (65.4%)
Total Housing Units
2,053
Median year built: 1986
Home Value by Source
Census Median
$250,000
Zillow (ZHVI)
$260,277
Median Sale Price
$296,500
Median List Price
$259,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.4%
Owner-Occupied
14.6%
Renter-Occupied
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:
$649/mo
Market Indicators (Redfin)
Median Days on Market
41 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
14.3%
of listings with price reduction
Price Per Sq Ft
$205
Active Inventory
7
homes for sale
Affordability & Housing Stock
Rent Burden
19.9%
of renters spending 30%+ of income on housing
36% below US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
85.4%
Complete Housing Data
Home Values
| Census Median Value | $250,000 |
| Zillow Home Value (ZHVI) | $260,277 |
| Median Sale Price | $296,500 |
| Median List Price | $259,000 |
| Price Per Sq Ft | $205 |
Rent
| Census Median Rent | $649 |
| 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 Market | 41 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 14.3% |
| Homes Sold | 4 |
| Active Inventory | 7 |
| Price Per Sq Ft | $205 |
Ownership & Stock
| Owner-Occupied | 85.4% |
| Renter-Occupied | 14.6% |
| Homeownership Rate | 85.4% |
| Total Housing Units | 2,053 |
| Median Year Built | 1986 |
| Rent Burden | 19.9% |