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Midway, UT
Full City Profile · Utah · Wasatch County County
4.0
/5.0
A
Great
6,110
Population
990/sq mi density
$146,750
Median Income
$72,263 per capita
$856,100
Home Value
$925,659 Zillow
$3,080
Median Rent
22.8% income on rent
45°F
Avg Temperature
316 sunny days/yr
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$146,750 median income, 2.2% unemployment
B
Affordability
3.4 / 5.0
$856,100 home value, $3,080/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
59.7% bachelor's degree or higher
Housing Overview
Median Home Value
$856,100
204% above
US avg: $281,900
Median Rent
$3,080/mo
165% above
US avg: $1,163/mo
Homeownership Rate
85.9%
31% above US avg (65.4%)
Total Housing Units
2,776
Median year built: 2003
Home Value by Source
Census Median
$856,100
Zillow (ZHVI)
$925,659
Median Sale Price
$1,197,405
Median List Price
$650,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.9%
Owner-Occupied
14.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$981/mo
1 Bedroom
$1,082/mo
2 Bedroom
$1,313/mo
3 Bedroom
$1,746/mo
4 Bedroom
$2,105/mo
Census median rent:
$3,080/mo
Market Indicators (Redfin)
Median Days on Market
108 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
5
Price Drops
18.3%
of listings with price reduction
Price Per Sq Ft
$392
Active Inventory
71
homes for sale
Affordability & Housing Stock
Rent Burden
22.8%
of renters spending 30%+ of income on housing
26% below US avg (31.0%)
Median Year Built
2003
Average age of housing stock: 23 years
Homeownership Rate
85.9%
Complete Housing Data
Home Values
| Census Median Value | $856,100 |
| Zillow Home Value (ZHVI) | $925,659 |
| Median Sale Price | $1,197,405 |
| Median List Price | $650,000 |
| Price Per Sq Ft | $392 |
Rent
| Census Median Rent | $3,080 |
| FMR Studio | $981 |
| FMR 1-Bedroom | $1,082 |
| FMR 2-Bedroom | $1,313 |
| FMR 3-Bedroom | $1,746 |
| FMR 4-Bedroom | $2,105 |
Market
| Days on Market | 108 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 18.3% |
| Homes Sold | 5 |
| Active Inventory | 71 |
| Price Per Sq Ft | $392 |
Ownership & Stock
| Owner-Occupied | 85.9% |
| Renter-Occupied | 14.1% |
| Homeownership Rate | 85.9% |
| Total Housing Units | 2,776 |
| Median Year Built | 2003 |
| Rent Burden | 22.8% |