Is Midway, TN 37809 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Midway is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list94.9%Sold price ÷ list price
Median days on market80Listing to accepted offer
Median price per sq ft$180▲ +26.1% vs. last year

The Midway housing market right now

In the three months ending August 31, 2026, 0% of homes in Midway, TN 37809 sold above their list price, the typical home went under contract in 80 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (104 days then) and the median sale price fell 26% to $184,420. Overall, Midway is more competitive than a year ago, so tougher for buyers.

Within Greene County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Mohawk 37810 (50% sold over asking) and Afton 37616 (19% sold over asking) are even more competitive.

Nearby markets

Afton 37616Seller’s market $196 /sq ftChuckey 37641Seller’s market $183 /sq ftGreeneville 37743Balanced $181 /sq ftGreeneville 37745Balanced $180 /sq ft Browse all markets →

Where Midway is

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Questions about Midway real estate

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

A buyer’s market: there were 8 months of supply in Midway, TN 37809 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Midway?

The typical home went under contract in 80 days in the latest three months.

Do homes in Midway sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 94.9% of the list price.

What are property taxes in Midway?

About 0.43% of a home’s value a year in Greene County, or roughly $1,720 on a $400,000 home.

What is the median home price in Midway?

The median sale price was $184,420 in the three months ending August 31, 2026, about $180 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology