Much like its surrounding areas, it's somewhat more expensive compared to the entire nation. However compared to the city of Mobile, it's a lot more expensive.
Home prices
The cost of the median home in Midway is $236,000. It is approximately $2,960 (1%) lower in comparison to its surrounding areas.Compared to the country as a whole it is approximately $18,500 (8%) higher, and is approximately $112,400 (90%) higher in comparison to the city of Mobile.
Rents
Midway's median monthly rent is $1,236. Compared to other places in this area it is about $230 (15%) lower.It is approximately $174 (16%) higher in comparison to the entire nation, and is about $379 (44%) higher compared to the city of Mobile.
Nearby places
Woodlawn Beach
Woodlawn Beach is Midway's neighbor to the southeast. Real estate prices there are a little more expensive. The price of the median home in Woodlawn Beach is $299,500, which works out to $63,500 (21%) higher than Midway. Its rents are substantially more expensive. In Woodlawn Beach the median rent is $1,994 a month, which works out to $758 (38%) higher than Midway.
Tiger Point
Tiger Point is Midway's neighbor to the southwest. Real estate prices there are pretty similar. The median home in Tiger Point is valued at $243,100, which comes out to $7,100 (2%) higher than Midway. The rent there is a little more expensive. The median monthly rent in Tiger Point is $1,650, which works out to $414 (25%) higher than Midway.
Oriole Beach
Oriole Beach is Midway's neighbor to the southwest. The housing prices there are fairly similar. The median home in Oriole Beach costs $233,600, which is $2,400 (1%) lower than Midway. Rent there is similar. Oriole Beach's median monthly rent is $1,188, which comes out to $48 (4%) lower than Midway.
Navarre
Navarre is Midway's neighbor to the east. The real estate prices there are similar. The median home price in Navarre is $235,800, which is very similar to Midway. Rents there are somewhat more expensive. The median monthly rent in Navarre is $1,360, which works out to $124 (9%) higher than Midway.
Holley
Holley is roughly 7 miles northeast of Midway. The real estate prices there are a bit less expensive. The cost of the median home in Holley is $182,800, which is $53,200 (29%) lower than Midway. The rent there is a bit less expensive. In Holley the median rent is $1,137 a month, which is $99 (8%) lower than Midway.
