Similar to its nearby areas, it is significantly less expensive compared to the rest of the country. It is close to average compared to the city of Springfield.
Home prices
The median home price in Midway is $116,900. Compared to other places in this area it is approximately $2,360 (1%) lower.It is approximately $100,600 (46%) lower in comparison to the country as a whole, and is roughly $1,200 (1%) lower compared to the city of Springfield.
Rents
Midway's median rent is $593 per month. It is about $62 (9%) lower in comparison to its nearby areas.It is about $469 (44%) lower compared to the country as a whole, and compared to the city of Springfield it is approximately $151 (20%) lower.
Nearby places
Lakeview
Lakeview is about 3 miles west from Midway. Its housing prices are a little more expensive. The cost of the median home in Lakeview is $143,000, which comes out to $26,100 (18%) higher than Midway. The rent there is somewhat more expensive. Lakeview's median monthly rent is $750, which is $157 (20%) higher than Midway.
Bull Shoals
Bull Shoals is roughly 5 miles west from Midway. The real estate prices there are a little more expensive. The price of the median home in Bull Shoals is $126,300, which comes out to $9,400 (7%) higher than Midway. Its rents are a bit less expensive. Bull Shoals's median monthly rent is $522, which works out to $71 (13%) lower than Midway.
Mountain Home
Mountain Home is roughly 5 miles southeast of Midway. The housing prices there are a little more expensive. Mountain Home's median home price is $126,100, which is $9,200 (7%) higher than Midway. Rent there is somewhat more expensive. The median monthly rent in Mountain Home is $686, which is $93 (13%) higher than Midway.
Gassville
Gassville is approximately 7 miles south from Midway. Real estate prices there are a bit less expensive. The median home in Gassville costs $93,900, which is $23,000 (24%) lower than Midway. Rent there is somewhat more expensive. Gassville's median rent is $768 per month, which is $175 (22%) higher than Midway.
Cotter
Cotter is about 8 miles south from Midway. Its housing prices are a little less expensive. Cotter's median home value is $107,000, which comes out to $9,900 (9%) lower than Midway. Rent there is a bit less expensive. Cotter's median rent is $550 per month, which works out to $43 (7%) lower than Midway.
