Market Overview
Home Prices in Midway, UT
The median home value in Midway, UT is $948,138 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.9% compared to a year ago and down 0.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Midway are priced131% above average. Midway is part of the Heber, UT metro area.
Over the past five years, Midway home values have risen by approximately27.9%, reflecting strong long-term appreciation in this market.
Price History
Midway Home Price Trend
City Comparison
Midway vs. National Median
At $948,138, homes in Midway cost 131% above the national median of $410,000. Buyers in Midway should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Midway?
20% Down Payment
$189,628
on $948,138
Monthly P&I
$4,945/mo
30-yr @ 6.8%
Total Monthly Est.
~$6,280/mo
incl. taxes & insurance
Income Needed
$251,200
gross annual (30% rule)
10% Down Option
$94,814
+ PMI applies
Loan Amount (20% dn)
$758,510
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 Midway, UT?
The median home value in Midway is $948,138 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.9% year-over-year.
How much have home prices changed in Midway?
Over the past year, home values in Midway have increased by 1.9%. Over five years, prices have risen approximately 27.9%.
How much do I need to earn to buy a home in Midway?
To comfortably afford the median home price of $948,138 with a 20% down payment ($189,628) at today's rates (6.8%), you'd need a gross annual income of approximately $251,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Midway compare to the national average home price?
The national median home value is approximately $410,000. At $948,138, homes in Midway are 131% above the national average.
What metro area is Midway part of?
Midway is part of the Heber, UT metropolitan area. Home prices and market conditions can vary across the broader metro region.