There are currently 157 real estate properties in Midway, AL, with a median automated valuation model (AVM) price of $73,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Midway, 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 Midway, AL, is $80,665.00, with the most expensive house in Midway, AL, topping out at $243,000.00 and the cheapest home in Midway, AL, clocking in at $35,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Midway, AL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Midway, AL, is on a rollercoaster ride. The average rent price in Midway, AL, is $747.00. Indeed, when looking to rent in Midway, AL, you can expect to pay as little as $550.00 or as much as $1,190.00, with the average rent median estimated to be $720.00. The good news is that finding an affordable and desirable property to rent in Midway, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Midway, AL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Midway, AL and much more. Save thousands at closing with home foreclosure listings in Midway, AL — up to 75% off market value!
Midway is located in Bullock, Alabama, with an estimated municipal population of 466 residents. All of the best foreclosed homes for sale in Midway are located in the following zip code areas on Foreclosure.com: 36053. The estimated population per square kilometer (.62 miles) in Midway is 54.
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 Midway, 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 Midway is 36.2, split between 48.3 percent male versus 51.7 female. The percentage of residents who report being married in Midway is 11.8, with an average family size of 3.87.
The percentage of residents who report their race in Midway is as follows:
|Black / African American||96.2%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Midway? Or maybe you are searching for 55+ active adult communities in and/or near Midway?
The percentage of residents who report their age in Midway 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 Midway with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Midway.
How do you know that living in -- or moving to -- Midway is right where you need to be? Perhaps you grew up in Midway or already live nearby; therefore, the decision to buy a home in Midway is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Midway 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 Midway:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Midway.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Midway can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Midway, meanwhile, can field multiple offers from more qualified buyers.