$50,000
0.09 Acres
Land
Shawna Kerr, Listing Office: KERRS REALTY
Is Midway, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Midway was a Neutral 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
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since November 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 November 2024, up 4.5% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $274.5K | $375.9K | +37.0% |
| 3 Bedrooms | $358K | $357.5K | -0.1% |
| 4 Bedrooms | $419.4K | $414.9K | -1.1% |
| 5+ Bedrooms | $458.9K | $476.9K | +3.9% |
Summary: Midway housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 37%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 1.1%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 32 | -8.6% |
Summary: The Midway real estate market had 32 homes for sale in November 2024, a 8.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 15 | 16 | +6.7% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Midway housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were 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. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Midway in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 49 Days | +38.2% |
Summary: Homes in Midway had an average of 49 days on market in Nov 2024, up by 38.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Midway are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Midway; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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