Is Midway, UT 84049 a buyer’s or seller’s market?
Midway is a balanced market. With about 5.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 6% of U.S. ZIP codes, and #103 of 110 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Midway housing market right now
In the three months ending August 31, 2026, 7% of homes in Midway, UT 84049 sold above their list price, the typical home went under contract in 81 days and there were 5.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 59 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 4%, homes sold more slowly (70 days then) and the median sale price fell 7% to $1,024,557. Overall, Midway is about as competitive as it was a year ago.
On our competition score, Midway ranks #103 of 110 UT ZIP codes with enough sales (score 12 out of 100).
Run the numbers for 84049
Nearby markets
Heber City 84032Buyer’s market $340 /sq ftWallsburg 84082 — /sq ft Browse all markets →Towns like Midway nearby
Find towns like Midway in other states →Where Midway is
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Questions about Midway real estate
Is Midway a buyer’s or seller’s market?
A balanced market: there were 5.8 months of supply in Midway, UT 84049 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Midway?
The typical home went under contract in 81 days in the latest three months.
Do homes in Midway sell over asking?
7% of homes sold above their original list price, and the typical sale closed at 96.4% of the list price.
What are property taxes in Midway?
About 0.46% of a home’s value a year in Wasatch County, or roughly $1,840 on a $400,000 home.
What is the median home price in Midway?
The median sale price was $1,024,557 in the three months ending August 31, 2026, about $371 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology