Housing in Midway

A typical Midway home is worth roughly $147,000

Typical home value

$147K

AR $227K

Estimate

2-bedroom rent

$1,100

a month, utilities in · HUD

Median tax bill

$474

AR $1,040

What kind of housing town is Midway?

Read from the numbers below. The page puts what stands out first.

Your money goes further35% below the Arkansas typical home.

★ What stands out · Affordability

A typical home costs 4.8 years of income

More than across Arkansas (3.7 years). Try your own numbers below.

You could afford about

$131,000

Typical Midway home $147K

That’s $16K short of a typical Midway home.

The typical home, each month

$810

Loan $730Tax $40Insurance $40

A two-bedroom rents for about $1,100 a month here, $290 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Midway’s typical property tax (0.32% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,100

Renters already here pay a median of $1,035.

Fair Market Rent a month, utilities included

Studio$830

1 bedroom$840

2 bedrooms$1,100

3 bedrooms$1,450

4 bedrooms$1,460

24%

of households rent · AR 34%

117

renter households

68%

of renters spend 30%+ of income on rent · AR 45%

43%

of the median income, for a two-bedroom

$1,035

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Baxter County, AR): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

76% of Midway households own their home

Half of Midway’s homes were built before 1978.

Owners and renters

Own 76%Rent 24%

Arkansas: 66% own.

1978

typical home built · AR 1987

$474

median property tax bill · AR $1,040

0.32%

of a home’s value, a year in tax · AR 0.55%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Neighbors talk housing

What Midway buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Midway still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.