Midway, Utah.
Typical home $937,356 (+4.2% in a year), asking rent $2,650 . Heber, UT metro.
to buy the typical home at today's mortgage rate — +$2,992 (+155%) since Jan 2020.
- 1 year
- Up $38,018 +4%
- $899,338$937,356 since Sep 2025
- 5 years
- Up $179,122 +24%
- $758,234$937,356 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.
- Midway$4,920
- Utah$2,797
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 16 years.
Typical home values in Midway, UT rose 4.2% over the past year — faster than the nation's +1.2%.
Living in Midway, Wasatch County, Utah
Midway is a city of 6,003 people in Wasatch County. Half its households earn more than $157,065 a year and half less, against $117,608 across Wasatch County; 2% of its people live below the poverty line. 84% of its homes are lived in by their owners and 16% are rented. Unemployment in Wasatch County was 3.3% in August 2026, and the county had 4.3% more jobs in 2025 than the year before. The most residents work in schools and health care, then finance and property.
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 It can be wrong or out of date.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. Midway is a small city in Wasatch County where nearly all homes are lived in by their owners, and where household incomes run well above the county's and poverty is rare. Residents tend to be middle-aged, and most adults hold a four-year degree. Winters are cold, with December the coldest month, and summers are warm, with July the warmest; the year's rain and melted snow add up to a moderate amount.
Work. Many residents work in schools, hospitals and social care, in banks, insurance and property, and in restaurants, hotels and entertainment. Across Wasatch County, some of the largest workplaces are Heber Valley Hospital, The Homestead Resort - Midway and Smiths Food And Drug. Unemployment across the county is low and has barely moved over the past year, the county has added jobs, and a good many Midway residents work from home.
Things to do. The Heber Valley Railroad, a museum, is in or beside town. Wasatch Mountain State Park, a protected area, is a short drive away, as are ski areas such as Deer Valley and Park City Mountain Resort. For a larger outing, Utah Lake is a longer drive away.
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- 2,172households
- 65%of adults have a degree
- 2%below the poverty line
- 30 mintypical commute
- 29%work from home
What residents work in
Employed residents by industry, from the Census survey. Wasatch County had 12,625 jobs in 2025, 4.3% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 35° and lows near 15°; warmest in July, with highs near 88° and lows near 47°. About 22 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Snake Creek Powerhouse weather station, 2 miles away (NOAA).
Largest workplaces in Wasatch County
- Summit Line ConstructionElectric power transmission line and tower construction1,198
- Probst ElectricElectrical contractors and other wiring installation contractors482
- Smiths Food And DrugSupermarkets and other grocery except convenience stores221
- WalmartWarehouse clubs and supercenters208
- Heber Valley HospitalCritical access hospital153FTE
- The Homestead Resort - MidwayHotels83
- Staker Parson CompaniesReady-mix concrete manufacturing and distributing39
- Advanced Electric SystemsTesting laboratories and services30
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 9 workplaces with 20 or more staff, 2,535 people in all across the county; Midway has one of its own. Hospitals come from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. 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
- Winter weatherVery high
- WildfireRelatively high
- LightningRelatively high
- AvalanchesRelatively moderate
- Strong windRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Midway’s census tracts, against the rest of the country; all of them together, relatively high. 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 Wasatch County and the Heber, UT metro.
Midway home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Midway$937,356
- Utah$532,920
- United States$366,157
Sellers are cutting prices on about 1 in 5 Midway listings, and the typical home goes pending in 43 days — the market is heating up.
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.
- Midway21.62%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Midway43
- United States21
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Midway132
New listings per month
Sellers arriving at the market.
- Midway29
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Midway$964,559
- United States$371,553
Zip codes with a Midway address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Midway — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.