$58,900
0.11 Acres
Land
Janet Mansfield, Listing Office: CHARLES RUTENBERG REALTY ORLANDO
Is Midway, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Midway has remained a Buyer's Market.
Key Takeaway
Midway is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Midway, FL
How much do homes in Midway, FL cost?
Median Sold Price
$409,990
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,495(+4.5%)
Key Takeaway
Homes in Midway have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Midway was $409,990 in October 2024, up 4.5% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $274K | $325.4K | +18.8% |
| 3 Bedrooms | $357.9K | $350K | -2.2% |
| 4 Bedrooms | $420K | $414.9K | -1.2% |
| 5+ Bedrooms | $458.9K | $476.9K | +3.9% |
Summary: Midway housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.8%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 3.9%.
Housing Supply in Midway, FL
How many homes are available in Midway, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 37 | -2.6% |
Summary: The Midway real estate market had 37 homes for sale in October 2024, a 2.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 20 | 17 | -15.0% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Midway housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Midway, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Midway in October 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Midway, FL
How long does it take to sell a home in Midway, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 24 Days | -20.3% |
Summary: Homes in Midway had an average of 24 days on market in Oct 2024, down by 20.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Midway are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Midway; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.