Midvale, UT Foreclosures
Current Market Conditions in in Midvale, UT As of February 2026?
In the past month, the Midvale real estate market has remained competitive, with homes selling at a faster pace than the previous month. The increase in buyer activity has been attributed to favorable mortgage rates, prompting many potential homeowners to enter the market. Inventory levels continue to be low, resulting in a strong demand that keeps home prices on the rise. This trend is likely to continue as the warmer months traditionally see an uptick in real estate transactions, supporting a flourishing market for both buyers and sellers.
How much do homes sell for in Midvale, UT?
The average home price is currently $508,897.
What’s the average rental cost in Midvale, UT?
The average rental price in Midvale is $1,496.
What is the most expensive home in Midvale?
The most expensive home sold in Midvale had a price of $23,616,700.
What is currently the cheapest priced home in Midvale, UT?
The cheapest home for sale in Midvale is priced at $74,494.
Living in Midvale, UT
Midvale, UT is a charming suburb in the Salt Lake Valley with a strong community vibe and a variety of amenities. Residents enjoy access to excellent schools, parks, and outdoor recreational activities. With its ideal location, Midvale is perfect for those seeking a suburban lifestyle while being close to the urban excitement of Salt Lake City.
Buyer vs Seller Market in Midvale, UT
The real estate market in Midvale has been experiencing a steady increase in home values over the past year, driven by a strong demand for housing and limited inventory. The area's appeal to families and young professionals has contributed to a vibrant market, with homes being sold quickly and often above asking price. Recently, the market has shown signs of stabilization, with a more balanced ratio of buyers to sellers, giving prospective homeowners more options.
Interest rates have been a significant factor in the Midvale real estate market, affecting buyer behavior and overall market dynamics. As rates fluctuate, many buyers are taking the opportunity to secure property before potential further increases, which could lead to more competitive bidding in the near future.
Home Value Estimator For Midvale, UT
There are currently 8,638 real estate properties
in Midvale, UT,
with a median automated valuation model (AVM) price
of $494,600.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Midvale, UT, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Midvale, UT,
is $508,897.00, with the most expensive house
in Midvale, UT, topping out
at $23,616,700.00 and the cheapest home
in Midvale, UT,
clocking in at $74,494.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Midvale, UT!
Rent Prices
In Midvale, UT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Midvale, UT, is on
a rollercoaster ride. The
average rent price in Midvale, UT,
is $1,496.00. Indeed, when looking to rent in
Midvale, UT, you can expect to pay as little
as $650.00 or as much
as $3,580.00,
with the average rent median estimated to
be $1,480.00. The good news is that finding
an affordable and desirable property to rent in Midvale, UT
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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