Midvale, Utah.
Typical home $482,329 (+0.2% in a year), asking rent $1,606 (+0.1%). Salt Lake City, UT metro.
to buy the typical home at today's mortgage rate — +$1,354 (+115%) since Jan 2020.
- 1 year
- Up $1,164 +0%
- $481,165$482,329 since Sep 2025
- 5 years
- Up $43,806 +10%
- $438,523$482,329 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Midvale$2,532
- Utah$2,797
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 36 years.
Typical home values in Midvale, UT rose 0.2% over the past year — slower than the nation's +1.2%.
Asking rents in Midvale, UT rose 0.1% over the past year — slower than the nation's +2.7%.
Owning the typical home in Midvale runs $1,659/mo more than renting one. The gap peaked at $1,734 in Oct 2023.
That is $3,265 a month against $1,606 rent: a $2,532 mortgage payment, plus $217 property tax and $516 insurance & upkeep.
Owning vs renting — Midvale
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,265
- Renting$1,606
- Mortgage only$2,532
Property tax · $217/mo 0.54% of value a year — the ACS 2020-2024 median bill over the median home value for Salt Lake County, UT
Insurance & upkeep · $516/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Midvale, Salt Lake County, Utah
Midvale is a city of 36,028 people in Salt Lake County. Half its households earn more than $75,084 a year and half less, against $97,494 across Salt Lake County; 11% of its people live below the poverty line. 43% of its homes are lived in by their owners and 57% are rented. Unemployment in Midvale was 3.6% in August 2026, and Salt Lake County had 1.5% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Midvale is a city in Salt Lake County with a younger population than much of the country, and renters outnumber owners. Household incomes run below the county's, and the typical home costs less than the price of a starter house in many larger cities. Winters are cold and snowy, with January the coldest month, while July brings hot summer days, and the year's moisture comes as a mix of rain and melted snow.
Work. Residents work mostly in schools, hospitals and social care, in shops, in banks, insurance and property, and in professional and business services. Among the largest workplaces in Midvale are IHC Health Services, FLSmidth and Walmart. Job numbers across Salt Lake County have grown a little over the past year, and a fair number of residents work from home.
Things to do. America First Field, a stadium, is in or beside town, so a ball game or concert is close at hand. A longer drive brings you to Temple Square, a well-known garden in the heart of the valley, and to Hogle Zoo. Those who like the outdoors can head farther out to Utah Lake or to Deer Valley, a ski area, for the snowy months.
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- 15,446households
- 34%of adults have a degree
- 11%below the poverty line
- 21 mintypical commute
- 15%work from home
What residents work in
Employed residents by industry, from the Census survey. Salt Lake County had 808,479 jobs in 2025, 1.5% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 38° and lows near 23°; warmest in July, with highs near 91° and lows near 68°. About 82 inches of snow and 24 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Cottonwood Weir weather station, 6 miles away (NOAA).
Largest workplaces in Midvale
- Savage Infrastructure2,632
- IHC Health ServicesGeneral warehousing and storage798
- FLSmidthMining engineering services405
- BeyondBusiness to consumer retail sales internet sites396
- WalmartWarehouse clubs and supercenters252
- GoEngineerTechnology243
- ZAGG Inc Corporate OfficeSewing machines, household-type, merchant wholesalers170
- Cascades at RiverwalkSkilled nursing facilities163
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 28 workplaces with 20 or more staff, 6,071 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- EarthquakesRelatively high
- Winter weatherRelatively high
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Midvale’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Salt Lake County and the Salt Lake City, UT metro.
Midvale home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Midvale$482,329
- Utah$532,920
- United States$366,157
Sellers are cutting prices on about 1 in 3 Midvale listings, and the typical home goes pending in 22 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Midvale34.35%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Midvale22
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Midvale122
New listings per month
Sellers arriving at the market.
- Midvale37
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Midvale$468,098
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Midvale99.76%
Zip codes with a Midvale address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Midvale — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.