Midway, UT housing market
The typical Midway home is worth about $940,000, up 3.7% in a year, 76% above the Utah typical home. Homes typically sell in 138 days, below asking.
Home values, sales, trends and how Midway compares with the towns next door — updated as new data is published.
Midway at a glance
A buyer's market
More homes are for sale than are selling — about 11 months of supply. Buyers have room to negotiate.
Typical home value, 2016–2026
Show as a table
| January | Midway | Utah |
|---|---|---|
| 2017 | $420,000 | $274,000 |
| 2018 | $462,000 | $300,000 |
| 2019 | $505,000 | $327,000 |
| 2020 | $533,000 | $350,000 |
| 2021 | $633,000 | $401,000 |
| 2022 | $808,000 | $499,000 |
| 2023 | $871,000 | $514,000 |
| 2024 | $901,000 | $516,000 |
| 2025 | $911,000 | $528,000 |
| 2026 | $929,000 | $538,000 |
| August 2026 | $940,000 | $535,000 |
58 new homes permitted in 2025
Builders were permitted 58 new homes in Midway in 2025, all single-family houses, worth about $51.5 million to build. That's 9.4 per 1,000 residents, about the pace of Utah as a whole. Over the past 10 years, Midway has permitted 837 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Midway gained 2,158 residents while 637 new homes were permitted: about 3.4 new residents per new home. Building and growth moved roughly in step. Across Utah: 2.7 new residents per new home.
How Midway ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 38 | 38 | 0 | $35.1 million |
| 2025 | 58 | 58 | 0 | $51.5 million |
| 2024 | 69 | 69 | 0 | $67.9 million |
| 2023 | 55 | 49 | 6 | $58.4 million |
| 2022 | 77 | 77 | 0 | $87.4 million |
| 2021 | 140 | 132 | 8 | $80.6 million |
| 2020 | 124 | 124 | 0 | $56.9 million |
| 2019 | 97 | 81 | 16 | $81.7 million |
| 2018 | 45 | 45 | 0 | $19.6 million |
| 2017 | 80 | 66 | 14 | $34 million |
| 2016 | 92 | 80 | 12 | $39.7 million |
| 2015 | 103 | 103 | 0 | $43.1 million |
| 2014 | 62 | 62 | 0 | $26.2 million |
| 2013 | 90 | 90 | 0 | $34.4 million |
| 2012 | 38 | 38 | 0 | $16.6 million |
| 2011 | 22 | 22 | 0 | $9.8 million |
| 2010 | 8 | 8 | 0 | $3.7 million |
| 2009 | 10 | 10 | 0 | $3.8 million |
| 2008 | 20 | 20 | 0 | $8.5 million |
| 2007 | 146 | 142 | 4 | $49.1 million |
| 2006 | 165 | 165 | 0 | $46.3 million |
| 2005 | 171 | 171 | 0 | $42.8 million |
| 2004 | 95 | 83 | 12 | $13.9 million |
| 2003 | 60 | 60 | 0 | $9.6 million |
| 2002 | 48 | 43 | 5 | $7.4 million |
| 2001 | 29 | 20 | 9 | $4.5 million |
| 2000 | 53 | 53 | 0 | $8.7 million |
Midway's permit office reported 6 of 12 months in 2025; the Census estimated the rest.
How Midway ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Midway and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Midway | $940K | +3.7% | $2,620 | 58 | $157,065 |
| Interlaken | — | +0.5%† | $2,620 | 0 | $173,542 |
† FHFA price index change, where Zillow has no home value for the town.
6 years of income
The typical Midway home costs about 6 years of the town's median household income, more than across Utah (5.6 years).
How Midway ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,620
HUD's Fair Market Rent for a two-bedroom in Midway is $2,620 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Midway pay a median of $3,399. A two-bedroom takes about 20% of the town's median household income.
Studio $1,910 · 4 bedrooms $4,400
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (84049; Wasatch County, UT), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.