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Midway, GA Real Estate


According to census data in the year 2000 there were 396 housing units in Midway. This represents a 23% growth from 322 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 396 were located in what is classified as a rural area.

Homeownership rate in Midway is about 72.9%. Midway's vacancy rate, including seasonal lodging, is about 14.1%. Average household size is 2.85 people.

The majority of houses, apartments or condos in Midway were built after 1987.

Statistics

Housing Size

Housing Units by Size
Studio Type2%
One Bedroom3.80%
Two Bedrooms20.70%
Three Bedrooms59.30%
Four Bedrooms12.90%
Five Bedrooms or more1.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.92
Median year structure was built1990
Median Value of occupied units$85,400
Median Price asked for vacant units$95,000

Rented Homes, Apartments and Condos

Average Household Size2.66
Median year structure was built1982
Median Monthly Rent asked for vacant units$321

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage14.50%
Home Equity Loan3.20%
Simple Mortgage60.50%
Debt Free21.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.5%