Midland, WA housing market
The typical Midland home is worth about $483,000, about the same as a year ago, 18% below the Washington typical home. Homes typically sell in 11 days, close to asking.
Home values, sales, trends and how Midland compares with the towns next door — updated as new data is published.
Midland at a glance
A seller's market
Supply is tight — about 2.7 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Midland | Washington |
|---|---|---|
| 2017 | $234,000 | $326,000 |
| 2018 | $263,000 | $362,000 |
| 2019 | $291,000 | $390,000 |
| 2020 | $323,000 | $413,000 |
| 2021 | $382,000 | $471,000 |
| 2022 | $443,000 | $554,000 |
| 2023 | $451,000 | $572,000 |
| 2024 | $466,000 | $582,000 |
| 2025 | $489,000 | $605,000 |
| 2026 | $488,000 | $601,000 |
| August 2026 | $483,000 | $592,000 |
Midland and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Midland | $483K | +0.2% | $1,930 | — | $84,700 |
| Tacoma | $489K | +0.1% | $1,990 | 742 | $85,884 |
| Summit | $583K | −0.1% | $2,090 | — | $106,736 |
| Parkland | $464K | +0.2% | $1,900 | — | $72,239 |
| Clover Creek | $529K | +0.9% | $2,130 | — | $95,061 |
| Waller | $589K | +0.8% | $1,900 | — | $101,490 |
5.7 years of income
The typical Midland home costs about 5.7 years of the town's median household income, less than across Washington (6 years).
How Midland ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,930
HUD's Fair Market Rent for a two-bedroom in Midland is $1,930 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Midland pay a median of $1,546, so moving in tends to cost more than staying put. A two-bedroom takes about 27% of the town's median household income.
Studio $1,400 · 4 bedrooms $3,060
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (98404, 98444, 98445; Tacoma, WA HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. 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.