Overview of the Midway Utah Real Estate Market
The 2025 Midway Utah real estate market recorded 102 single-family home sales and 40 attached unit sales (condos, townhomes, and twins) for a combined total of 142 closed transactions. Single-family homes carried a median sold price of $1,252,500 and an average of $1,523,565. The gap between those two figures is meaningful: most of the market concentrated in the $1 million to $2 million range, while a smaller number of high-value closings, including two above $5 million, pulled the average upward. Buyers and sellers should anchor their conversations to the median.
Midway sits in Wasatch County's Heber Valley, approximately 20 minutes from both Park City and Deer Valley Resort, and 45 to 50 minutes from Salt Lake City International Airport. That positioning draws buyers who want mountain access and a quieter pace without the pricing compression found in Park City proper. The 2025 data reflects sustained demand across multiple buyer profiles: relocating buyers, second-home buyers, and buyers from higher-cost markets looking for comparable quality of life at lower price per square foot.
For questions about the Midway market or to discuss specific properties, contact Lana Harris at (435) 640-8717 or through the contact page. Lana covers Park City, Midway, and Heber City and brings nearly 200 closed transactions and a Director position on the Park City Board of Realtors to every client conversation.
How This Report Is Built
This report is based on closed residential sales data from the Park City MLS for properties with a city of record of Midway, Utah, sold between January 1 and December 31, 2025. The single-family dataset includes 102 transactions. The attached segment (condos, townhomes, and twin homes) includes 40 transactions. All statistics are calculated directly from MLS export records. Days on market figures reflect list date to closing date. Price per square foot is calculated from sold price divided by total finished square footage as reported in the MLS.
Executive Summary – 2025 Midway Market
- 142 total closed residential sales across single-family homes (102) and attached units (40). The most active single month was August with 16 single-family closings. Q3 was the strongest quarter with 40 single-family closings.
- Single-family median price: $1,252,500. The core of the market, 55 percent of all single-family closings, fell between $1 million and $2 million. An additional 30 percent closed under $1 million, primarily older or smaller homes.
- Cash and conventional financing split nearly evenly. Cash buyers represented 45 percent of single-family transactions (46 of 102) and conventional financing represented 46 percent (47 of 102). The high cash share reflects the buyer profile: equity-rich, often purchasing a second home or relocating from a higher-cost market.
- New construction commanded a significant premium. Homes built in 2022 or later (19 of 102 sales) carried a median sold price of $2,000,000, 60 percent above the full-market median.
- Median days on market for single-family was 66. The average was 88, reflecting a split market: well-priced homes moved quickly while overpriced or less-desirable listings extended the average significantly. The fastest sale closed in one day; the longest took 673.
- Sellers received a median of 96.5 percent of list price on single-family homes. In the attached segment, sellers received a median of 98.0 percent of list, indicating stronger relative demand for lower-priced attached product.
Midway Utah Real Estate Quick Stats – 2025
| Metric | Single-Family | Attached (Condo / TH / Twin) |
|---|---|---|
| Closed Sales | 102 | 40 |
| Median Sold Price | $1,252,500 | $487,500 |
| Average Sold Price | $1,523,565 | $569,250 |
| Low | $400,000 | $165,000 |
| High | $7,500,000 | $1,200,000 |
| Median $/Sq Ft | $377 | $352 |
| Average $/Sq Ft | $403 | — |
| Median Home Size | 3,614 sq ft | — |
| Average Home Size | 3,802 sq ft | — |
| Median Days on Market | 66 | 48 |
| Average Days on Market | 88 | 75 |
| Median List-to-Sold | 96.5% | 98.0% |
| Cash Transactions | 46 (45%) | — |
| New Construction (2022+) | 19 | Median $2,000,000 | — |
| Median Lot Size | 0.29 acres | — |
Source: Park City MLS. All residential sales, City = Midway, January 1 through December 31, 2025.
Current Home Prices in Midway Utah
The 2025 single-family price distribution shows a market anchored in the $1 million to $2 million range, with a functioning entry segment below $1 million and meaningful luxury activity above $2 million.
| Price Range | Closings | Share |
|---|---|---|
| Under $750,000 | 13 | 13% |
| $750,000 to $999,999 | 17 | 17% |
| $1,000,000 to $1,499,999 | 35 | 34% |
| $1,500,000 to $1,999,999 | 21 | 21% |
| $2,000,000 to $2,999,999 | 9 | 9% |
| $3,000,000 to $4,999,999 | 5 | 5% |
| $5,000,000 and above | 2 | 2% |
The entry segment below $750,000 is real but limited: all 13 of those transactions involved older construction (pre-2000), smaller square footage, or both. Buyers seeking turnkey condition in that range found limited options. The $1 million to $2 million band is where Midway's depth sits, with 56 closings across a wide range of product types from newer construction in planned communities to established homes on larger lots.
The upper end of the market produced several notable closings. Two sales above $5 million closed at $6,150,000 (a newly built 10,818 sq ft home at The Reserve at Midway) and $7,500,000 (a 7,918 sq ft home on nearly 3 acres). Five additional sales came in between $3 million and $5 million. These are included in the average sold price but are outliers relative to the typical Midway transaction.
New construction homes built in 2022 or later accounted for 19 of the 102 single-family sales and carried a median sold price of $2,000,000. That premium reflects construction costs, modern floor plans, energy-efficient systems, and buyer demand for move-in-ready condition. Browse available homes at the Midway Utah listings page.
2025 Midway Real Estate Sales Trends
Quarterly Breakdown
| Quarter | Closings | Median Sold Price | Average Sold Price |
|---|---|---|---|
| Q1 (Jan–Mar) | 15 | $1,215,000 | $1,408,210 |
| Q2 (Apr–Jun) | 25 | $1,570,000 | $2,004,940 |
| Q3 (Jul–Sep) | 40 | $1,230,691 | $1,290,743 |
| Q4 (Oct–Dec) | 22 | $1,225,000 | $1,478,512 |
Q2 produced the highest median at $1,570,000, reflecting a concentration of high-value closings during the spring selling season, including an April median of $2,015,000 driven by several luxury transactions. Q3 was the strongest quarter by volume with 40 closings, led by August alone at 16. The Q3 median normalized to $1,230,691 as a broader mix of inventory cleared during the peak summer period. Q1 and Q4 held steady with medians near $1.2 million, consistent with the lower-priced inventory that typically moves in the off-peak months.
Monthly Closings
| Month | Closings | Median Sold Price |
|---|---|---|
| January | 4 | $1,262,500 |
| February | 4 | $974,138 |
| March | 7 | $1,225,000 |
| April | 4 | $2,015,000 |
| May | 8 | $1,565,000 |
| June | 13 | $1,380,000 |
| July | 12 | $1,060,000 |
| August | 16 | $1,519,500 |
| September | 12 | $1,050,000 |
| October | 9 | $1,260,000 |
| November | 7 | $1,275,000 |
| December | 6 | $967,500 |
The month-to-month median variation reflects mix more than price direction. April's $2,015,000 median came from a small number of high-value transactions. July and September medians near $1,050,000 reflect larger volumes of mid-market closings that normalized the midpoint downward. August's combination of high volume (16 closings) and a $1,519,500 median is the clearest signal of where peak-season demand concentrated.
Days on Market
The median days on market for single-family homes in Midway across 2025 was 66, with an average of 88. That 22-day gap between the median and average is the most useful read on how the market actually functioned: homes that were priced correctly moved significantly faster, while homes that sat extended the average considerably. The fastest single-family sale in the dataset closed in one day; the longest required 673. Sellers in Midway had time on their side in some situations, but overpricing was consistently costly.
In the attached segment, the median days on market was 48 and the average was 75, suggesting a somewhat more liquid environment for lower-priced attached product when correctly priced.
Midway Condos, Townhomes, and Twin Homes – 2025
The attached residential segment in Midway produced 40 closed sales across condos (23), townhomes (14), and twin homes (3). This segment represents a meaningful entry point into Midway real estate, with a median sold price of $487,500 and a range from $165,000 to $1,200,000.
| Type | Sales | Median Price |
|---|---|---|
| Condos | 23 | $415,000 |
| Townhomes | 14 | $729,948 |
| Twin Homes | 3 | $1,045,000 |
The condo segment was dominated by Midway Granary Place (11 of 23 condo sales, median $415,000), which represents one of the more affordable entry points in the Heber Valley. Townhome activity was spread across several communities, including the Lodges at Snake Creek, Swiss Oaks, and Swiss Alpenhof, with medians ranging from the $600s to above $800,000. The three twin home sales all came in above $800,000, consistent with the larger format and better locations typical of that product type in Midway.
Sellers in the attached segment received a median of 98.0 percent of list price, slightly stronger than the single-family segment's 96.5 percent, which reflects both the lower price points and the relative scarcity of move-in-ready attached product in the market.
Midway Subdivision Activity – 2025
Single-family sales were distributed across more than 25 named subdivisions plus unplatted parcels. The communities with the most transaction activity and the highest median prices reflect where buyer demand concentrated.
| Subdivision | Sales | Median Sold Price |
|---|---|---|
| Remund Farms | 7 | $1,735,000 |
| Burgi Hill Ranches PUD | 4 | $1,790,000 |
| Alpenhof Estates | 4 | $1,600,000 |
| Valais P.U.D. | 4 | $1,019,500 |
| Midway Survey | 4 | $685,000 |
| Dutch Fields | 3 | $1,530,000 |
| Appenzell | 3 | $1,355,000 |
| Valais | 3 | $1,050,000 |
| Bonner Meadows | 3 | $1,211,382 |
| Dutch Fields PUD | 2 | $1,887,500 |
| Interlaken | 2 | $1,575,000 |
| Cottages on the Green | 2 | $1,225,000 |
Remund Farms was the most active named community by volume, with 7 sales and a median of $1,735,000. Burgi Hill Ranches and Alpenhof Estates both delivered medians above $1,600,000 on fewer sales, consistent with their larger-lot and view-oriented inventory. Dutch Fields PUD produced the highest median among communities with two or more sales at $1,887,500. Midway Survey, which includes older townsite properties, anchored the lower end of the named-subdivision range with a $685,000 median.
Fifteen additional sales occurred on unplatted or lightly described parcels and are not captured in the subdivision breakdown above. Those transactions had a median of $1,171,547.
Lot Sizes in Midway
The 2025 data shows a median single-family lot size of 0.29 acres, with an average of 0.38 acres. Most of the market, 72 of 102 sales, involved lots under half an acre. Larger acreage properties (half an acre and above) made up 29 percent of sales and generally commanded higher prices.
| Lot Size | Sales |
|---|---|
| Under 0.25 acres | 45 |
| 0.25 to 0.5 acres | 27 |
| 0.5 to 1.0 acres | 22 |
| 1.0 to 2.0 acres | 7 |
| 2.0 acres and above | 1 |
For buyers specifically seeking larger parcels, the Midway market provides limited but consistent inventory in the half-acre to two-acre range. Properties in that tier tend to feature mountain or reservoir views, more setback from neighbors, and in some cases irrigation water rights or accessory structure capacity. Equestrian-oriented properties exist in the broader Heber Valley area and occasionally appear in Midway, though they are not common in the MLS data for 2025.
What Buyers and Sellers Should Know
For Buyers
The 2025 data gives buyers a realistic negotiating framework. A 96.5 percent median list-to-sold ratio means the average single-family seller accepted about 3.5 percent below their asking price. That is not a distressed market, but it is a market with room for a well-structured offer, particularly on homes that have been sitting. A median of 66 days on market means most buyers had time to evaluate without being forced into rushed decisions, though well-positioned listings in Remund Farms, Burgi Hill, and Alpenhof Estates moved considerably faster.
Buyers relocating from California, Colorado, or other higher-cost markets will find Midway's median price per square foot of $377 meaningful relative to Park City's $800 range. The lifestyle and landscape access are largely comparable. For buyers considering the Jordanelle corridor or Heber City, Midway represents a specific character and community identity that those areas do not offer in the same way.
The attached segment, with a median of $487,500 and a 98 percent list-to-sold ratio, is the most liquid and most accessible entry point in Midway real estate. Condo units at Midway Granary Place moved at a median of $415,000 in 2025, and several townhome communities offered product in the $650,000 to $850,000 range. Buyers priced out of the single-family market have a functioning alternative here.
For Sellers
The 22-day spread between the median (66 days) and average (88 days) days on market tells the most important story for sellers in 2025: correctly priced homes moved; overpriced homes extended the average. Sellers who entered the market at or near fair value based on recent comparable sales captured the Q2 and Q3 demand windows. Sellers who came in above market typically sat through multiple price reductions and closed at larger discounts.
New construction and recently updated homes commanded the strongest premiums. If your property was built after 2020 or has had significant improvements, there is a reasonable case for positioning at the upper end of its comparable set. If your property is older with dated finishes, the data is clear: buyers in 2025 did not pay vintage premiums. They paid condition premiums.
Spring (Q2) consistently produced the highest median prices in 2025 at $1,570,000, making it the strongest entry window for sellers who can time their listing. For a direct conversation about current market value and timing strategy, contact Lana Harris at (435) 640-8717.
For Second-Home and Investment Buyers
Midway sits in a tax-advantaged position within Wasatch County, and the combination of relatively modest HOA structures, larger lot sizes, and lower price per square foot than Park City proper makes it an appealing target for buyers seeking mountain property that also serves as a long-term asset. The Jordanelle real estate corridor and the Deer Valley expansion at Mayflower Mountain have brought new attention to the broader Heber Valley, which has added to buyer interest in Midway from those who would otherwise be priced out of Park City.
Why People Choose to Live in Midway Utah
Swiss Heritage and Community Character
Midway's development history traces back to Swiss settlers in the mid-1800s, and that heritage still informs the town's identity. The annual Swiss Days celebration, the architecture in parts of the older townsite, and a general preference for lower-density development set Midway apart from other mountain communities in Utah. This character appeals to buyers who want a legitimate sense of place rather than a resort-adjacent environment.
Access to Recreation and Resort Areas
Midway sits approximately 20 minutes from both Deer Valley Resort and Park City Mountain Resort via US-40 and SR-224. The expansion of Deer Valley Resort at Mayflower Mountain will add significant skiable terrain, which increases the long-term draw of Heber Valley properties for ski-oriented buyers. Deer Creek Reservoir, located just south of Midway, provides year-round recreational access including boating, paddleboarding, and fishing. Soldier Hollow, within Wasatch Mountain State Park, is a nationally recognized cross-country and biathlon venue with trail access to thousands of acres of terrain for hiking, mountain biking, and horseback riding.
Proximity to Park City and Salt Lake City
The drive from Midway to Park City proper takes approximately 20 to 25 minutes. Salt Lake City International Airport is accessible in roughly 45 to 50 minutes under normal traffic. This positioning makes Midway workable for buyers who need periodic airport access or connections to the Wasatch Front without committing to Salt Lake City suburban living.
A Quieter Alternative to Park City
The pace in Midway is measurably different from Park City. There is no Main Street retail corridor, no resort-town congestion during peak seasons, and housing lots tend to run larger. For buyers who want the mountain lifestyle without the resort-town infrastructure, Midway is a direct alternative. Many buyers who own or previously owned Park City luxury homes eventually look at Midway as a primary residence while maintaining a smaller foothold in Park City.
Types of Real Estate in Midway Utah
Luxury estate homes on half-acre to multi-acre lots, often with Wasatch Mountain or Deer Creek Reservoir views. These properties ranged up to $7.5 million in 2025 and frequently include multiple living levels, oversized garages, and high-end finishes throughout.
New construction homes in developments such as The Reserve at Midway, Remund Farms, and Dutch Fields. These communities offer modern floor plans, energy-efficient building practices, and access to community amenities including pools and recreational facilities. The 2025 new construction median of $2,000,000 reflects both construction costs and the premium buyers pay for move-in condition.
Established single-family homes in the $750,000 to $1.5 million range across communities including Alpenhof Estates, Appenzell, Valais, Bonner Meadows, and Interlaken. These represent the most active price band in the market and offer the widest range of product types and lot sizes.
Condos and townhomes across communities including Midway Granary Place, Swiss Oaks, the Lodges at Snake Creek, and Zermatt. The 40 attached sales in 2025 ranged from $165,000 to $1,200,000, providing an accessible entry point into Midway real estate at a median of $487,500.
Older townsite properties in the Midway Survey and Julian subdivision areas, often on smaller lots with dated construction but established neighborhood character. These accounted for several of the sub-$750,000 transactions in 2025 and represent the most affordable path to Midway homeownership.
View properties with verified mountain or Deer Creek Reservoir sightlines. The most consistently premium-priced listings in Midway carry confirmed view attributes. In the 2025 data, properties with "View: Mountain" and "View: Water" listed in lot facts trended significantly above the market median.
Frequently Asked Questions About Midway Utah Real Estate
- What is the median home price in Midway Utah?
- Based on 2025 MLS data, the median sold price for single-family homes in Midway was $1,252,500, with an average of $1,523,565. The most active price range was $1 million to $2 million, which accounted for 55 percent of all single-family closings. The attached segment (condos, townhomes, and twins) had a median of $487,500.
- Is Midway Utah a good place to buy property?
- Midway offers a combination of mountain access, Wasatch County land values, and proximity to Park City and Salt Lake City. At a median price per square foot of $377 for single-family homes in 2025, it delivers meaningful value relative to Park City's $800 range. For buyers weighing lifestyle, space, and long-term value, Midway consistently emerges as one of the more defensible positions in the broader Heber Valley market.
- Are home prices rising in Midway Utah?
- The 2025 data shows a stable market rather than a sharply appreciating one. Quarterly medians ranged from $1,215,000 in Q1 to a peak of $1,570,000 in Q2, with Q3 and Q4 settling near $1,225,000. Q2's elevated median reflects a concentration of high-value transactions rather than broad appreciation. The market did not show sharp upward movement but maintained consistent demand across most price bands throughout the year.
- How long does it take to sell a home in Midway Utah?
- The median days on market for single-family homes in 2025 was 66, with an average of 88. The gap between those figures reflects a split market: correctly priced homes in desirable communities moved in weeks, while overpriced or less-positioned homes extended the average considerably. In the attached segment, the median was 48 days.
- What are the most in-demand neighborhoods in Midway?
- By transaction volume, Remund Farms led all named subdivisions with 7 sales and a median of $1,735,000. Burgi Hill Ranches, Alpenhof Estates, Dutch Fields, and Appenzell all posted medians above $1,350,000. In the attached segment, Midway Granary Place was the most active community with 11 condo sales at a median of $415,000. The Lodges at Snake Creek was the most active higher-end townhome community.
- How does Midway compare to Park City real estate?
- Midway's 2025 median price per square foot of $377 compares to Park City and Snyderville Basin single-family medians in the $800 range. Midway offers larger lots, lower density, and a different community character. It is approximately 20 minutes from Park City and 20 minutes from Deer Valley Resort. Buyers who want mountain access without resort-town pricing and pace consistently evaluate Midway as an alternative. For a broader comparison, review the Park City real estate market report.
- Who sells real estate in Midway Utah?
- Lana Harris at Derrik & Co., Luxury Division of KW Park City Keller Williams Real Estate, covers Midway, Park City, and Heber City. She brings nearly 200 closed transactions since 2015 and a Director position on the Park City Board of Realtors. Reach her directly at (435) 640-8717 or through the contact page.
Buying or Selling in Midway?
If you want help applying the 2025 data to your property, neighborhood, or search criteria, the most useful next step is a direct conversation. Midway's market shows meaningful variation across price bands, subdivisions, and product types, and knowing where your specific situation fits is more useful than a general read of the numbers.
Lana Harris covers Midway, Park City, and Heber City and handles buyer and seller representation, new construction, and referral coordination. Call (435) 640-8717, email Harris@RealEstateInParkCity.com, or use the contact page.
Editor's Note: This report is based on Park City MLS closed sales data for Midway, Utah, for the 2025 calendar year. Single-family dataset: 102 transactions. Attached segment: 40 transactions. Published March 2026.