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Homes Under $500,000 in Midvale, Utah
Midvale sits dead center in the Salt Lake Valley, which makes it one of the last spots along the Wasatch Front where $500K still buys a real house instead of a starter condo. The city's older grid neighborhoods near Main Street and 700 West have plenty of brick ranches and 1960s-70s bungalows on quarter-acre lots, while newer townhome developments near Bingham Junction and the Jordan River Parkway push into the low $400s. Commuters like Midvale because it splits the difference between downtown Salt Lake (15 minutes north on I-15) and the tech offices in Draper and Sandy (10-15 minutes south), and TRAX light rail runs right through town with stops at Midvale Center and Midvale Fort Union.
Under $500K here typically means a 3-bedroom home in the 1,200-1,800 square foot range, a townhome with an attached garage, or occasionally a fixer on a bigger lot in the older part of town. Property taxes stay reasonable compared to Sandy or Cottonwood Heights, and Canyons School District draws families who'd otherwise be priced out of similar homes closer to the mountains. Inventory moves fast in this price band since it's the entry point for so many Salt Lake County buyers. Browse the active listings below to see what's currently on the market.
August 2026 · Midvale market
Live from the Utah MLS — what's actually happening in Midvale right now.
Median sale
$416,200
12 closed in August 2026
Median DOM
61 days
listing → contract
Sale-to-list
94.2%
of final list price
Unsold inventory
121
active + pending
73 matching · page 2 of 4
Active listings
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Common questions
About homes under $500k in Midvale.
What kind of home does $500K actually buy in Midvale? ▾
Under $500K in Midvale typically gets you a 3-bed townhome, an older rambler from the 1950s-70s near Main Street, or a smaller updated single-family home in neighborhoods like East Midvale or Bingham Junction. Newer construction townhomes near the Jordan Bluffs redevelopment also land in this range. Square footage usually runs 1,200-2,000 depending on age and lot.
Is Midvale a good value compared to other Salt Lake County cities? ▾
Yes — Midvale consistently prices below Sandy, Draper, and Holladay while sitting right between them on the TRAX Blue Line. Buyers priced out of Sugar House or Millcreek often land here because you get similar commute times to downtown SLC (about 20 minutes) at a meaningfully lower entry point.
Are there condos and townhomes under $500K in Midvale? ▾
Plenty. The Bingham Junction and Jordan Bluffs areas have newer townhome communities, and there are established condo developments off Center Street and near Fort Union Boulevard. HOA dues typically run $150-$300/month depending on amenities.
What's the property tax situation in Midvale? ▾
Midvale falls under Salt Lake County with effective property tax rates around 0.6-0.7% of assessed value. On a $475K home, expect roughly $2,900-$3,300 per year. Primary residences get the 45% residential exemption, which is already baked into that estimate.
Which school district serves Midvale homes? ▾
Most of Midvale is in Canyons School District, which includes Midvale Elementary, Midvale Middle, and Hillcrest High. A small western sliver feeds into Jordan District. Canyons has invested heavily in rebuilds over the past decade, so several campuses are relatively new.
How fast do sub-$500K listings move in Midvale? ▾
This price band is the most competitive segment in the Salt Lake Valley. Well-priced, move-in-ready homes under $500K often go under contract within 7-14 days, sometimes with multiple offers. Fixers and dated properties sit longer and have more room to negotiate.