Midvale, UT Home Values & Market Trends
Real estate market trends reflect that there have been 429 transactions over the past year in Midvale. The median value for residential home transactions that occurred over the previous year is $476,083.91. The number of current listings in Midvale is 12, and the percentage of properties for sale in the city is 12.00%. Midvale, UT currently has 2 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 12 properties for sale.
Midvale, UT Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 84047 | $ 488,750 $ 349/sqft |
Housing Market Summary for Midvale, UT
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $535K | $457K | -14.57% |
| Median Sold Price | $464.4K | $457K | -1.58% |
| Homes For Sale | 7 | 10 | 42.86% |
| Homes Sold | 285 | 233 | -18.25% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Midvale, UT
Browse Homes in Midvale, UT
Midvale home values range from $106,534 to $2,812,743. The median estimated value of a home in Midvale is $476,083.91. The median list price of a home is 514,495, and the total count of properties in the city is 8,200.
- Pre-ForeclosurePre-foreclosure homes account for 0.01% of all residential properties in Midvale, UT with 84047 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Midvale, UT; of that zips, the estimated home value for pre-foreclosure homes ranges from $406,500 in 84047 to the lowest home value of $406,500 in 84047.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Midvale, UT ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Midvale, UT. There is 1 zips within Midvale, UT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions84047 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Midvale, UT. Auction homes and other auction properties account for 0.01% of all properties in Midvale, UT. There is 1 zips within Midvale, UT; of that zips, the median estimated home value for homes going to auction ranges from $520,750 in 84047 to the lowest value of $520,750 in 84047.
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Guide for Midvale, UT
The Salt Lake City real estate market is experiencing significant shifts, as average property values have dropped citywide. However, neighbourhood trends vary, with West Valley City seeing a slight rise in property values, while others like North Salt Lake show a decline. This fluctuation highlights the importance of localized analysis in real estate investment.
Learn how a short sale can stop the foreclosure process.
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