There are currently 1,672 real estate properties in Midland City, AL, with a median automated valuation model (AVM) price of $166,323.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Midland City, AL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Midland City, AL, is $197,770.00, with the most expensive house in Midland City, AL, topping out at $1,387,795.00 and the cheapest home in Midland City, AL, clocking in at $17,856.00. In other words, there’s something for every potential homebuyer or savvy investor in Midland City, AL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Midland City, AL, is on a rollercoaster ride. The average rent price in Midland City, AL, is $1,058.00. Indeed, when looking to rent in Midland City, AL, you can expect to pay as little as $520.00 or as much as $2,570.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Midland City, AL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Midland City is located in Dale, Alabama, with an estimated municipal population of 2,358 residents. All of the best foreclosed homes for sale in Midland City are located in the following zip code areas on Foreclosure.com: 36350. The estimated population per square kilometer (.62 miles) in Midland City is 150.
So, about how much do homes cost in Midland City? The most recent median value of resident-owned homes in Midland City is 109,142. An estimated 37.7 percent of households in Midland City own their homes, with an average family size of 3.38. The median household income in Midland City is 27,895, with7.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Midland City, the median commute time of resident workers (in minutes) is 19.9. And last, but certainly not least, are you looking for homes to rent in Midland City? If so, the average rent price paid by renters in Midland City is 647, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Midland City, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Midland City is 31.1, split between 42.1 percent male versus 57.9 female. The percentage of residents who report being married in Midland City is 41.1, with an average family size of 3.38.
The percentage of residents who report their race in Midland City is as follows:
|Black / African American
|American Indian / Alaskan Native
|Native Hawaiian / Other Pacifc Islander
Looking for family-friendly neighborhoods in and/or near Midland City? Or maybe you are searching for 55+ active adult communities in and/or near Midland City?
The percentage of residents who report their age in Midland City is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Midland City with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Midland City.
How do you know that living in -- or moving to -- Midland City is right where you need to be? Perhaps you grew up in Midland City or already live nearby; therefore, the decision to buy a home in Midland City is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Midland City for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Midland City:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Midland City.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Midland City can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Midland City, meanwhile, can field multiple offers from more qualified buyers.
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