Question 1

What is the asking price for this property, Midway?

Accepted Answer

this property, Midway is listed at $9,000,000.  Current status: Pending.

Question 2

What type of property is this property, Midway?

Accepted Answer

this property, Midway is a Land (Residential).   Zoning: Single-Family.

Question 3

Is there an HOA for this property, Midway?

Accepted Answer

No, this property is not part of a homeowners association, which means no monthly HOA fees. Homeowners maintain full control over their property without HOA restrictions or assessments.

Question 4

What are the property taxes for this property, Midway?

Accepted Answer

Annual property taxes for this property are approximately $100 (about $8/month). This represents an effective tax rate of approximately 0.00% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 5

How long has this property, Midway been on the market?

Accepted Answer

This property has been listed for 173 days. The average days on market in Midway is 89 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 6

What schools serve this property, Midway?

Accepted Answer

Assigned schools: Elementary: None/Other; Middle: None/Other; High: None/Other.   School district: Wasatch.

Question 7

What high school is near this property, Midway?

Accepted Answer

The nearest high school is None/Other. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

Question 8

What elementary school is near this property, Midway?

Accepted Answer

The nearest elementary school is None/Other. Propaired provides full school ratings and comparison data for all schools in this area.

Question 9

What middle school is near this property, Midway?

Accepted Answer

The nearest middle school is None/Other.

Question 10

How does this listing compare to the Midway market?

Accepted Answer

this property, Midway is listed at $9,000,000, which is above the Midway median of $966,500 by $8,033,500. There are currently 97 active listings in Midway. Homes in Midway sell in an average of 89 days. The average sale-to-list ratio is 96.9%.

Question 11

What is the Midway real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Midway is $966,500. There are currently 97 active listings. Homes sell in an average of 89 days. The average sale-to-list ratio is 96.9%. This listing at $9,000,000 is above the Midway 2026 median.

Question 12

Are there other homes for sale in Midway?

Accepted Answer

Yes — there are currently 97 active listings in Midway. Browse all Midway homes for sale at propaired.ai/listings/ut/midway. Prices range around a median of $966,500. Homes in Midway are selling in about 89 days on average.

Question 13

How does this price compare to the Utah state average?

Accepted Answer

At $9,000,000, this property is above the Utah state median of $525,000 by $8,475,000. Midway prices are 84% above the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 14

What would homeowner's insurance cost for this property, Midway?

Accepted Answer

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $9,000,000, expect approximately $27,000-$45,000/year ($2,250-$3,750/month).   Get multiple quotes — rates vary significantly by insurer.

Question 15

What are the estimated closing costs for this property, Midway?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $9,000,000, expect approximately $180,000-$450,000 in closing costs. This includes title insurance, escrow fees, lender fees, recording fees, and prepaid items (insurance, taxes). Buyers should also budget for a home inspection ($300-$500), appraisal ($400-$600), and any lender-required reserves.

Question 16

How does the property tax compare to the list price at this property, Midway?

Accepted Answer

The annual property tax of $100 represents an effective rate of 0.00% relative to the list price of $9,000,000. This is below the Utah average effective rate of approximately 0.58%, which is favorable for the buyer. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 17

Is this property, Midway eligible for FHA or VA financing?

Accepted Answer

At $9,000,000, this property may exceed standard FHA loan limits and could require a conventional or jumbo loan. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 18

Could this property, Midway be a 1031 exchange property?

Accepted Answer

Yes, this property, Midway could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

Question 19

What is the price trend in Midway?

Accepted Answer

Midway's median price has decreased 4.5% month-over-month. Current median: $966,500. Days on market have decreased by 34.1% month-over-month. Homes are selling at 96.9% of list price on average. Monitor these trends to time your offer strategically.

Question 20

What school district is this property, Midway in?

Accepted Answer

This property is in the Wasatch school district. Assigned elementary: None/Other. Assigned middle: None/Other. Assigned high: None/Other. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 21

Is this property, Midway move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 22

Does this property, Midway come with a home warranty?

Accepted Answer

No home warranty is currently included with this property. Buyers can request a home warranty as part of the purchase negotiation — they typically cost $400-$700/year and cover major systems and appliances. This is especially valuable for older homes.

Question 23

What is the lot like at this property, Midway?

Accepted Answer

The lot is 15 acres. Lot features: Terrain: Grad Slope,View: Mountain,View: Valley. Terrain: Terrain: Grad Slope. Views: Valley.  Lot characteristics affect usability, privacy, and future improvement potential.

, Midway, UT 84049

Midway, UT, 84049

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