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Investment Properties for Sale in Midway, Utah
Midway sits in the Heber Valley about 20 minutes from Park City's Deer Valley resort and roughly an hour from Salt Lake City International Airport, which is the geographic fact that drives almost every investment decision here. The town's Swiss heritage, Soldier Hollow Nordic Center (a 2002 Olympic venue), Homestead Resort, Zermatt Resort, and two golf courses at Wasatch Mountain State Park create steady demand from skiers in winter, golfers and Jordanelle boaters in summer, and a constant flow of wedding and reunion groups year-round. For investors, that translates into nightly-rental income potential that competes with Park City at a noticeably lower entry price, plus a long-term tenant pool of Park City and Salt Lake commuters who want a quieter base.
Not every Midway address can be rented short-term, though. The town has specific overlay zones and resort developments where nightly rentals are allowed by right, and large swaths of residential Midway where they aren't. Zermatt, the Homestead area, and certain Interlaken parcels are the usual suspects for income-producing buys, while homes in newer master-planned neighborhoods often carry HOA restrictions limiting rentals to 30 days or longer. Cap rates, gross rents, and seasonality vary widely block to block, so the property's zoning and HOA rules matter as much as the finishes. Browse the active listings below to see what's currently on the market, and reach out when you want help confirming rental status on a specific address.
May 2026 · Midway market
Live from the Utah MLS — what's actually happening in Midway right now.
Median sale
$966,500
9 closed in May 2026
Median DOM
12 days
listing → contract
Sale-to-list
96.0%
of final list price
Unsold inventory
105
active + pending
24 matching · page 1 of 1
Active listings
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Common questions
About investment properties in Midway.
What types of investment properties work best in Midway? ▾
Short-term rentals do the heavy lifting here because of Soldier Hollow, the Homestead Resort, and year-round Heber Valley tourism. Single-family homes in the Interlaken and Casperson areas, plus condos at Zermatt and Bavarian-style townhomes near Main Street, are the most common income plays. Long-term rentals also perform well thanks to commuters working in Park City and Salt Lake.
Does Midway allow short-term rentals? ▾
Midway permits nightly rentals in specific overlay zones and within approved resort developments like Zermatt Resort, the Homestead, and parts of Interlaken. Outside those zones, short-term rentals are restricted or prohibited, so verifying the zoning and HOA rules on any specific address is critical before you write an offer. Wasatch County also requires a business license and transient room tax registration.
What kind of nightly rental income can owners expect? ▾
Well-managed nightly rentals near Soldier Hollow or with Mt. Timpanogos views often gross $60,000 to $120,000+ annually, with peaks during ski season, summer weddings at Homestead, and the Swiss Days festival over Labor Day weekend. Larger ski-in-adjacent homes with hot tubs and bunk rooms sit at the top of that range.
How does Midway compare to Park City for investors? ▾
Midway entry prices typically run 20-35% below comparable Park City product, while still pulling Park City-area renters who want quieter surroundings and a 15-minute drive to Deer Valley's new East Village. Property taxes are lower in Wasatch County than Summit County, which improves cash flow on otherwise similar homes.
What's the price range for investment-ready properties in Midway? ▾
Condos at Zermatt and similar resort developments generally start in the high $400s to $700s. Single-family homes zoned or grandfathered for nightly rental commonly run $1.2M to $3M+, depending on size, views, and proximity to Soldier Hollow or the golf courses at Wasatch Mountain State Park.
Are 1031 exchanges common on Midway investment purchases? ▾
Yes — a meaningful share of Midway buyers are exchanging out of California, Salt Lake, or Utah County rentals to capture the resort-rental upside and lower property taxes. Lining up your qualified intermediary early matters because inventory in the nightly-rental zones moves quickly when priced right.