Housing Prices in Midway, UT
How much do homes in Midway, UT cost?
Median List Price
$1,095,000
$415/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Midway has decreased by 17.4% since last year.
Summary: The median home list price in Midway was $1,095,000 in May 2024, down 17.4% from the previous year, and the median price per square foot was $415.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $379K | $200K | -47.2% |
| 2 Bedrooms | - | $499.9K | N/A |
| 3 Bedrooms | - | $850K | N/A |
| 4 Bedrooms | - | $1.2M | N/A |
| 5+ Bedrooms | $1.3M | $1.3M | -0.9% |
Summary: Midway housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 47.2%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 0.9%.
Median List Price Compared To Nearby Cities
| Midway | $1.3M | $1.0M | -17.4% |
| Heber City | $2.7M | $1.1M | -56.1% |
| North Wasatch | $4.1M | $1.2M | -70.5% |
Housing Supply in Midway, UT
How many homes are available in Midway, UT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 54 | 76 | +40.7% |
Summary: The Midway real estate market had 76 homes for sale in May 2024, a 40.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 10 | 13 | +30.0% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 8 | 15 | +87.5% |
| 5+ Bedrooms | 19 | 27 | +42.1% |
Summary: The Midway housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 87.5%, and 5+ bedroom homes increased by 42.1%.
Days on Market for Midway, UT
How long does it take to sell a home in Midway, UT?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 264 Days | 100 Days | -61.8% |
Summary: Homes in Midway had an average listing age of 100 days in May 2024, down by 61.8% compared to the previous year.
Based on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2024 UtahRealEstate.com All rights reserved.