Market analytics · September 2026 archive
Midway, 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
September 2026 · Market Analysis
Midway buyers hold the upper hand as 104 listings meet 100-day sales
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Midway's housing market gave buyers plenty of room in September, even though the median home price came in at $1,083,698. Closings rose to 10 from August's 6, but that is well below the 25 a year ago. With 104 homes for sale and a median of 100 days to sell, this leans toward buyers. Homes sold for 95.6% of list on average.
Market pulse
Inventory is the bigger movement. Active listings grew from 60 in April to 104 in September, and the 104 is up from 53 a year ago. Closings have been lumpy, with 18 in July and 6 in August before the September bounce. Days on market stretched from 29 in April to 100 now. Asking prices are not the best guide either: the median list price was $987,500, below the $1,083,698 median sale price, because the few big sales pulled the sold figure up. Saddle Creek had one sale at $3,758,259, and Midway Highlands had one at $2,050,000.
Mortgage context
Only two of September's 10 sales closed under $700,000, so most Midway buyers are financing seven figures. At that size, a jump in rates shows up fast in the monthly bill. The 30-year rate is 7.5% today, up from 7.125% thirty days ago.
Payment math
Buying at the $1,084,000 median home price with 20% down means $6,062 a month in principal and interest at 7.5%, which is $221 more than the $5,841 at 7.125% thirty days ago, and $628 above April's low, when rates averaged 6.42% and the payment would have been $5,434.
If you're buying
Homes that have sat past 100 days are where sellers are moving. Four of September's 10 closings took a price cut first, and 8 closed below list. Interlaken's two sales closed in a median of 6 days at $850,000, so expect competition on well-priced homes there. Valais sold one at $940,000, a useful reference point.
If you're selling
With 104 homes for sale, a buyer can tour a lot of options before choosing yours. Buyers paid about 95.6% of list in September, so a $1,000,000 listing is likely to close near $956,000. Price off recent closings, not neighbors' asking prices. Homes in the 400K to 700K band, like the ones in Swiss Oaks at $439,500, took 100 days too, so don't assume the lower end sells itself.
Outlook
Showings normally slow into winter in Midway, and with listings still near 104 the next few months should favor buyers. At September's pace it would take about 10.5 months to sell every listed home. Rates that stay above 7% keep the pressure on.
Watch for
If new listings stay near September's 27 a month while closings hold near 10, inventory could pass 110 by December and the sale-to-list ratio could slide toward 94%.
"Midway's long wait: more homes to see, fewer quick deals, and a median price that hides a split market."
Common questions about Midway this month
What is the median home price in Midway? ▾
The median home price in Midway was $1,083,698 in September 2026, up from $958,750 in August. The average sale price was $1,369,216. It runs higher because two sales sat well above the rest: Saddle Creek at $3,758,259 and Midway Highlands at $2,050,000. The median list price was $987,500.
Is Midway a buyer's or seller's market? ▾
Midway leans toward buyers in September 2026. There were 104 active listings, about 10.5 months of supply at the current pace, and homes took a median 100 days to sell. Eight of 10 closings came in below list.
How much is my Midway home worth? ▾
Recent Midway sales put the median at $1,083,698 in September, with homes closing at about 95.6% of list. Sales are few, so prices swing widely by neighborhood and size. Your home's value depends on recent comparable sales close to you, so look at what sold nearby in the past few months.
How long do homes take to sell in Midway? ▾
Midway homes took a median 100 days to sell in September 2026, almost unchanged from 101 in August. A quarter of homes took longer than 168 days. A year ago the median was 35 days.
How have rates changed the monthly payment in Midway? ▾
At 7.5%, principal and interest on a $1,084,000 home with 20% down is $6,062 a month in October 2026. That is $221 more than 30 days ago. It is $628 more than at April's 6.42% average.
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 ÷ list price — buyer/seller leverage
Days on Market
Median days from listing to under contract
Price Volume
Total dollar volume — active · new · sold per month
September 2026 cohort breakdown
Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.
How sales priced vs asking
16 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 45 · 25th percentile 6 · 75th percentile 117
Needed a price change
Sold listings that had a recorded price change before close
4 of 16 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 neighborhoods this month
Named subdivisions ranked by homes sold · median price · median days to contract
- 1. Swiss Oaks 3 sold · 110d
- 2. Interlaken 2 sold · 80d
- 3. Saddle Creek 1 sold · 21d
- 4. Remund Farms 1 sold · 15d
- 5. Midway Highlands 1 sold · 68d
- 6. Turnberry 1 sold · 9d
- 7. Swiss Farm 1 sold · 5d
- 8. Valais 1 sold · 117d
September 2026 by property type
How each housing type performed last month — 12 closings total across subtypes.
Summary Statistics
| Metric | Sep-26 | Sep-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 16 | 25 | -36.00% | 112 | 114 | -1.75% |
| Median Sale Price | $978,250 | $630,000 | +55.28% | $1,034,275 | $1,020,374 | +1.36% |
| Median DOM | 45 | 35 | +28.57% | 47 | 46 | +2.17% |
| Sale-to-List Ratio | 95.35% | 96.86% | -1.56% | 96.11% | 95.86% | +0.26% |
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.