Midway Housing Market Report March 2025•Santa Rosa County, Florida

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Housing Prices in Midway, FL

How much do homes in Midway, FL cost?

Housing Market Conditions

Is Midway, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Midway is a Buyer's Market

Difference Since March 2024

At the same time last year, Midway was a Seller's Market.

Insight

Midway is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$415,000$222/SqFt
+$5,033
+1.2%

Based on all homes sold in the last 12 months

Insight

Homes in Midway have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Midway was $415,000 in March 2025, up 1.2% from last year, and the median price per square foot was $222.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Gulf Breeze
+6.3%
Holley-Navarre
+2.1%
Midway
+1.2%
Bagdad
-1.8%
Avalon-Mulat
-8.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1$166.7K$155K
-7.0%
2$280K$282.9K
+1.1%
3$361.2K$365K
+1.0%
4$470K$498.5K
+6.1%
5$647.5K$750K
+15.8%

Summary: Midway housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -7.0%. The home price for 2 bedroom homes increased by +1.1%. The home price for 3 bedroom homes increased by +1.0%. The home price for 4 bedroom homes increased by +6.1%. The home price for 5 bedroom homes increased by +15.8%.

How does Midway, FL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Midway, FL

Housing supply in Midway, FL

How many homes are available in Midway, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
339Last MonthMar 2025
2892 months agoFeb 2025
+17.3 %
Change MoMFeb – Mar

Summary: The Midway real estate market had 339 homes for sale in Mar 2025, a 17.3 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
48Last MonthMar 2025
322 months agoFeb 2025
+50.0 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
164
-33.3%
21315
+15.4%
3144169
+17.4%
498119
+21.4%
52832
+14.3%

Summary: Midway housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -33.3%. The inventory for 2 bedroom homes increased by +15.4%. The inventory for 3 bedroom homes increased by +17.4%. The inventory for 4 bedroom homes increased by +21.4%. The inventory for 5 bedroom homes increased by +14.3%.

Asking Price vs. Sold Price

How much do homes in Midway, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price5 Homes

At Asking Price17 Homes

Under Asking Price26 Homes

Insight

If you're buying a home in Midway, you may be able to get a good deal. 54.2% of homes here sold below asking price last month.

Summary: A total of 48 homes were sold or pending in Midway in March 2025, up by 50.0% month-over-month. Of the 48 sold homes, 54% were sold under asking, 35% were sold at asking, and and 10% were sold over asking.

Days on Market for Midway, FL

How long does it take to sell a home in Midway, FL?

Breakdown of Home Sale Times

Under 30 Days21 Homes

30 – 90 Days8 Homes

Over 90 Days19 Homes

Insight

Many homes in Midway are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 48 homes were sold in Midway; 44% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
70 DaysThis YearMar 2025
63 Days1 year agoMar 2024
+9.7 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Midway had an average listing age of 70 days in Mar 2025, up by 9.7% compared to the previous year.

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Newest Listings in Midway, FL

What homes are available in Midway, FL?

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MLS Disclaimers and Copyright

Based on information from Pensacola MLS, Emerald Coast MLS, Capital Area Technology & REALTOR Services Inc., and Central Panhandle Association of REALTORS® MLS for the period 04/01/2023 - 04/01/2025

Copyright © 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/11/2025, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/11/2025, 12:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2025 Tallahassee Board of REALTORS®, Inc. All rights reserved.

The data relating to real estate on this web site comes in part from the IDX Program of the Tallahassee Board of REALTORS®, Inc. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. The broker providing this data believes it to be correct, but advises interested parties to confirm information before relying on it for a purchase decision.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/11/2025, 12:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/11/2025, 12:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.