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Housing in Midway

A typical Midway home is worth roughly $274,000

Home prices around Midway have risen about 56% over the past 5 years.

Typical home value
$274K
▼ 4.3% in a year · FL $376K
Estimate
2-bedroom rent
$1,860
a month, utilities in · HUD
Median tax bill
$781
FL $2,730

What kind of housing town is Midway?

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

★ What stands out · Price trend

Home prices up 56% in 5 years

The federal house price index for the ZIP code around Midway rose 56% over the past 5 years, slower than across Florida (60%). Last year prices fell 4.3%. Carrying the Census median home value forward with that index puts the typical Midway home at roughly $274,000 today.

Midway areaFlorida
0%+50%+100%+150%+200%+250%+300%200020052010201520202025
−4.3%
past year
+56%
past 5 years
+139%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $274K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Midway, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Affordability

A typical home costs 4.5 years of income

Less than across Florida (5 years). Try your own numbers below.

You could afford about
$258,000
Typical Midway home $274K

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

The typical home, each month
$1,510
Loan $1,360Tax $80Insurance $80

A two-bedroom rents for about $1,860 a month here, $350 more than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Midway’s typical property tax (0.33% 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 $1,860

Renters already here pay a median of $1,513, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,560
1 bedroom$1,630
2 bedrooms$1,860
3 bedrooms$2,330
4 bedrooms$2,760
28%
of households rent · FL 32%
148
renter households
41%
of renters spend 30%+ of income on rent · FL 60%
37%
of the median income, for a two-bedroom
$1,513
median rent paid today · Census

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

The homes

72% of Midway households own their home

Half of Midway’s homes were built before 1983.

Owners and renters
Own 72%Rent 28%

Florida: 68% own.

1983
typical home built · FL 1988
$781
median property tax bill · FL $2,730
0.33%
of a home’s value, a year in tax · FL 0.76%

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

Next door

Midway vs. its neighbors

The towns that share a border with Midway. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Midway$274K*−4.3%†$1,860—$60,714
Sanford$340K−2%$1,820598$66,891

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

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. Price trend: Federal Housing Finance Agency House Price Index. 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.

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