Market Overview
Home Prices in Midvale, UT
The median home value in Midvale, UT is $494,598 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.8% compared to a year ago and up 0.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Midvale are priced21% above average. Midvale is part of the Salt Lake City, UT metro area.
Over the past five years, Midvale home values have risen by approximately15.6%, reflecting steady appreciation in this market.
Price History
Midvale Home Price Trend
City Comparison
Midvale vs. National Median
At $494,598, homes in Midvale cost 21% above the national median of $410,000. Buyers in Midvale should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Midvale?
20% Down Payment
$98,920
on $494,598
Monthly P&I
$2,580/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,277/mo
incl. taxes & insurance
Income Needed
$131,080
gross annual (30% rule)
10% Down Option
$49,460
+ PMI applies
Loan Amount (20% dn)
$395,678
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Midvale, UT?
The median home value in Midvale is $494,598 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.8% year-over-year.
How much have home prices changed in Midvale?
Over the past year, home values in Midvale have increased by 0.8%. Over five years, prices have risen approximately 15.6%.
How much do I need to earn to buy a home in Midvale?
To comfortably afford the median home price of $494,598 with a 20% down payment ($98,920) at today's rates (6.8%), you'd need a gross annual income of approximately $131,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Midvale compare to the national average home price?
The national median home value is approximately $410,000. At $494,598, homes in Midvale are 21% above the national average.
What metro area is Midvale part of?
Midvale is part of the Salt Lake City, UT metropolitan area. Home prices and market conditions can vary across the broader metro region.