Market Overview
Home Prices in Midway, AL
The median home value in Midway, AL is $93,018 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.7% compared to a year ago and down 7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Midway are priced77% below average. Midway is part of the Eufaula, AL-GA metro area.
Over the past five years, Midway home values have fallen by approximately12.8%, reflecting softening conditions in this market.
Price History
Midway Home Price Trend
2020
$94,916
$95K
—
2021
$106,710
$107K
+12.4%
2022
$107,869
$108K
+1.1%
2023
$104,001
$104K
-3.6%
2024
$104,984
$105K
+0.9%
2025
$97,584
$98K
-7.0%
2026
$93,018
$93K
-4.7%
City Comparison
Midway vs. National Median
🏠 Midway
$93,018
National Median
$410,000
At $93,018, homes in Midway cost 77% below the national median of $410,000. This makes Midway a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Midway?
20% Down Payment
$18,604
on $93,018
Monthly P&I
$485/mo
30-yr @ 6.8%
Total Monthly Est.
~$616/mo
incl. taxes & insurance
Income Needed
$24,640
gross annual (30% rule)
10% Down Option
$9,302
+ PMI applies
Loan Amount (20% dn)
$74,414
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Midway, AL?
The median home value in Midway is $93,018 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.7% year-over-year.
How much have home prices changed in Midway?
Over the past year, home values in Midway have decreased by 4.7%. Over five years, prices have fallen approximately 12.8%.
How much do I need to earn to buy a home in Midway?
To comfortably afford the median home price of $93,018 with a 20% down payment ($18,604) at today's rates (6.8%), you'd need a gross annual income of approximately $24,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Midway compare to the national average home price?
The national median home value is approximately $410,000. At $93,018, homes in Midway are 77% below the national average.
What metro area is Midway part of?
Midway is part of the Eufaula, AL-GA metropolitan area. Home prices and market conditions can vary across the broader metro region.