Explore Midvale, UT - Market Insights, Demographics, Crime, Trends & Hotspots

Pulse Score
C+
Cap Rate
3.66%
Investor Friendly Score
72.00%
Median Price
$473,500

Market Insights

With only 2.6 months of inventory, Midvale remains a seller's market. The median home price in Midvale currently stands at $473,500. With 59 active listings, inventory is 69% higher than seasonal norms. Homes are taking about 44 days to sell, which is 5 days longer than this time last year. A significant 25.4% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 8.7% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Midvale market with the affordability index at 70.9. Based on current market indicators, home prices in Midvale are projected to decrease by approximately 5.6% over the next month.

Demographics market for - Midvale, UT

Total Population -

33,822

White Population

72.45%

Black Population

3.77%

Mexican81.48% (15.93% of total population)
Puerto Rican2.48% (0.48% of total population)
Cuban1.53% (0.30% of total population)
Dominican0%
Salvadoran1.86% (0.36% of total population)
Costa Rican0%
Gautemalan0.53% (0.10% of total population)
Honduran0.35% (0.07% of total population)
Nicaraguan0%
Panamanian0.15% (0.03% of total population)
Argentinean0.11% (0.02% of total population)
Bolivian0.57% (0.11% of total population)
Chilean0.83% (0.16% of total population)
Colombian2.12% (0.41% of total population)
Ecuadorian0.38% (0.07% of total population)
Peruvian3.28% (0.64% of total population)
Uruguyan0%
Venezuelan4.34% (0.85% of total population)

Indian 7.29% (1.43% of total population)
Bangladeshi 0%
Chinese 4.76% (0.93% of total population)
Bhutanese 0%
Burmese 0%
Filipino 0.15% (0.03% of total population)
Hmong 0%
Indonesian 0%
Japanese 1.57% (0.31% of total population)
Korean 3.24% (0.63% of total population)
Laotian 0.48% (0.09% of total population)
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Thai 0.38% (0.07% of total population)
Vietnamese 1.03% (0.20% of total population)

Hawaiian0%
Samoan2.13% (0.42% of total population)
Chamorro0.60% (0.12% of total population)
Fijian0%
Marshallese0%

Crime for - Midvale, UT

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Real Estate Market Prediction for - Midvale, UT

City Hotspots

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