Market analytics
Midvale, Utah real estate market report.
Monthly sold prices, days on market, sale-to-list ratio, and absorption rate. Updated nightly from UtahRealEstate.com and the Washington County Board of Realtors.
Updated · Sources: UtahRealEstate.com & Washington County Board of Realtors
June 2026 · Market Analysis
Midvale homes sold in a median of 1 day in June — but fewer buyers closed than any month this spring
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The headline number in Midvale's June 2026 market is the median days on market: just 1 day, down from 26 in May and the sharpest reading in the past year. That figure tells a story about the homes that did sell — they moved almost instantly — but it sits alongside a closing count of only 28, the lightest volume since January's 17. A year ago in June 2025, Midvale posted 27 closings at a median of 12 days on market, so the speed accelerated dramatically while volume held roughly flat and active inventory more than doubled, from 62 homes to 133.
Market pulse
The days-on-market arc in Midvale over the past six months has been anything but linear: 30 days in January, 32 in February, 27 in March, then a sharp compression to 7 in April, a rebound to 26 in May, and now a collapse to just 1 day in June. What that whipsaw likely reflects is a composition shift — the homes closing in June were predominantly new-construction or pre-sold units at Cottages at Union Meadows, where 10 of 28 closings recorded a median of 0 days on market, pulling the overall figure down dramatically. Meanwhile, active inventory climbed to 133 homes in June from 119 in May and 117 in April, and the sale-to-list ratio eased to 98.34% from May's 99.7%, suggesting that resale homes sitting longer are beginning to accept modest concessions. The $400K–$700K band accounted for 22 of 28 closings at a median of 2 days on market and a median sale price of $444,593.
Mortgage context
The 30-year fixed rate in Midvale's market now sits at 6.75%, up 0.125 percentage points over the past 30 days from 6.625%. That's part of a broader climb: the monthly average moved from a recent low of 6.19% in February up through 6.48% in March, 6.42% in April, 6.55% in May, and 6.66% in June, meaning buyers who locked in early this year are carrying meaningfully lower payments than those entering the market now. FHA financing at 6.25% and VA loans at 6.375% remain the more accessible paths for buyers stretching toward Midvale's mid-$400K price range.
Payment math
At $442,000 — roughly the June median in Midvale — a buyer putting 20% down faces a monthly principal-and-interest payment of $2,292 at today's 6.75% rate, which is $29 more than the same loan cost 30 days ago at 6.625%; compared to February's 6.19% low, when that payment would have been $2,162, today's buyer is paying $130 more each month.
If you're buying
The 1-day median is largely a Cottages at Union Meadows effect — resale homes in Jordan Bluffs and Trailside Reserve are taking weeks to months, and those sellers are more negotiable. Target listings past 30 days on market in the $400K–$500K resale segment, where the sale-to-list ratio has been running closer to 97–98% rather than the 99%+ seen on new construction. With 133 active listings and only 28 closings in June, buyers have more standing inventory to evaluate than at any point this spring, which is worth using.
If you're selling
If your home is a resale rather than a new-construction unit, price it relative to what similar homes actually closed for in May and June — not April's peak, when the sale-to-list ratio hit 99.58%. The June ratio slipped to 98.34%, and with inventory at 133 homes, buyers have alternatives. Homes in Jordan Bluffs sat 63 days before closing in June; if your property competes in that corridor, a list price 1–2% below recent comparable sales will move it faster than chasing a number the market no longer supports.
Outlook
Over the next 60–90 days, Midvale's market will likely split more visibly between new-construction closings — which continue to compress the median days-on-market figure — and resale inventory that is accumulating at 133 active homes and counting. If the 30-year rate holds near 6.75% or drifts higher, the pool of buyers who can qualify for Midvale's mid-$400K price point will stay constrained, and the resale segment may see further softening in the sale-to-list ratio. Seasonal demand typically holds through July before tapering in August, so sellers who aren't under contract by mid-July may face a longer wait.
Watch for
At the current pace of new listings averaging roughly 50 per month against only 28 closings in June, active inventory could cross 150 homes by August — and if that happens, the sale-to-list ratio on resale properties likely drifts into the 97% range, effectively handing buyers a $13,000–$15,000 negotiating cushion on a median-priced home.
"Blink-and-it's-gone speed, yet the thinnest closing count since winter — Midvale's June split the difference."
Common questions about Midvale this month
Is Midvale a buyer's or seller's market in June 2026? ▾
It depends on the segment. New-construction homes at communities like Cottages at Union Meadows are still moving almost immediately and near full asking price. Resale homes — particularly in Jordan Bluffs and along the Trailside Reserve corridor — are sitting longer and closing closer to 97–98% of list. With 133 active listings and only 28 closings in June, buyers have more negotiating room on resale than they did in April or May.
Why does Midvale show a 1-day median days on market in June if inventory is rising? ▾
The 1-day figure is heavily influenced by new-construction closings, particularly the 10 Cottages at Union Meadows transactions that recorded 0 days on market — these are typically pre-sold units that close the day they're listed in the MLS. Resale homes in Midvale are taking considerably longer: Jordan Bluffs closings in June averaged 63 days on market, and Trailside Reserve averaged 24 days.
How much has the monthly payment risen for a Midvale home buyer since earlier this year? ▾
At the June 2026 median price of roughly $442,000 with 20% down, the monthly principal-and-interest payment is $2,292 at today's 6.75% rate. Back in February, when the 30-year averaged 6.19%, that same loan would have cost $2,162 per month — a difference of $130 every month, or about $1,560 per year.
Are Midvale home prices rising or falling compared to a year ago? ▾
The June 2026 median sale price of $441,643 is modestly below June 2025's $470,450, a decline of about 6%. However, the mix of homes closing has shifted — more entry-level and new-construction units closed in June 2026 than a year ago, which pulls the median down without necessarily meaning individual homes lost value. The $400K–$700K band, which dominated closings, had a median of $444,593.
Should I wait to buy in Midvale, or is now a reasonable time to move? ▾
With 133 active listings and a softening sale-to-list ratio, buyers have more leverage on resale homes than at any point in the past year. The risk of waiting is that rates could move higher — they've already climbed from 6.19% in February to 6.75% today, adding $130 per month to a median-priced home's payment. Buyers who can qualify now and find a resale property with some days on market behind it are in a reasonable position to negotiate; those targeting new construction at Cottages at Union Meadows or similar communities will find less room to move on price.
Number of Listings
Active inventory · new listings · sold per month
Listing Prices
Active median list · new median list · sold median sale
Absorption Rate
Months of supply — active inventory ÷ monthly sold rate
Sale-to-List Ratio
Close price ÷ original list — buyer/seller leverage
Days on Market
Median days from listing to close
Price Volume
Total dollar volume — active · new · sold per month
June 2026 cohort breakdown
Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.
How sales priced vs asking
29 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 0 · 25th percentile 0 · 75th percentile 19
Needed a price change
Sold listings that had a recorded price change before close
5 of 29 sold homes had at least one price change while listed. Lower = sellers are pricing right the first time.
Sales by price band
Closed-price bucket → sold count and median days to contract
Top subdivisions this month
Ranked by closed count
- 1. Cottages At Union Meadows 10 sold · $425K · 0d
- 2. Trailside Reserve 2 sold · $652K · 24d
- 3. Jordan Bluffs 2 sold · $381K · 63d
- 4. The Mill 1 sold · $720K · 0d
- 5. Greenwood Village 1 sold · $699K · 0d
June 2026 by property type
How each housing type performed last month — 27 closings total across subtypes.
Summary Statistics
| Metric | Jun-26 | Jun-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 29 | 27 | +7.41% | 221 | 169 | +30.77% |
| Median Sale Price | $444,285 | $470,450 | -5.56% | $454,228 | $469,409 | -3.23% |
| Median DOM | — | 12 | — | 20 | 21 | -4.76% |
| Sale-to-List Ratio | 98.18% | 99.43% | -1.26% | 99.23% | 98.94% | +0.29% |
Past months
Browse historical Midvale reports — each month's snapshot stays at its own permanent URL.
Sources: UtahRealEstate.com and the Washington County Board of Realtors, aggregated by Best Utah Real Estate. Sale-to-list ratio compares closing price to the final list price (post-reduction). Absorption rate = active inventory ÷ monthly sold rate.