Name: Park City Real Estate Market Data
Creator: Propaired

Question 1

What is the median home price in Park City, Utah in 2026?

Accepted Answer

As of May 2026, the median home price in Park City, Utah is $1,900,000, which is 266.8% above the Utah state median of $517,990. Home prices in Park City range from $14,000 to $30,500,000, with an average sale price of $2,955,773. These figures are based on recent closed transactions in the Park City real estate market.

Question 2

Is Park City, Utah a buyer's or seller's market?

Accepted Answer

Park City, Utah is currently a warm market that leans slightly toward sellers. Key indicators include an average sale-to-list price ratio of 97.0% and homes spending an average of 82 days on the market. Park City’s median home price is roughly 266% above the Utah average, with longer days on market but a strong 97% sale‑to‑list ratio, indicating a premium yet still active market.

Question 3

How long do homes stay on the market in Park City?

Accepted Answer

Homes in Park City, Utah spend an average of 82 days on the market before going under contract compared to the Utah state average of 72 days (13.3% above average). This gives buyers time to carefully evaluate options and negotiate terms. Properties that are priced competitively and show well tend to sell fastest.

Question 4

How many homes are for sale in Park City, Utah?

Accepted Answer

As of May 2026, there are 467 active homes for sale in Park City, Utah with 509 new listings added recently. In the most recent reporting period, 213 transactions closed in Park City. The inventory level can change quickly, so checking regularly helps buyers stay ahead of new opportunities.

Question 5

What county is Park City, Utah in?

Accepted Answer

Park City is located in Summit County, Utah. Summit County currently has 467 active home listings in Park City with a median price of $1,900,000. Browsing the Summit County real estate market on Propaired surfaces listings across all cities in the county.

Question 6

Are there new construction homes for sale in Park City, Utah?

Accepted Answer

Yes — Park City currently has 509 new listings recently added to the market, with prices starting from $14,000. New construction homes (year built ≥ 2025 or builder-flagged in MLS) can be found using the "New Construction" filter on Propaired. The overall median home price in Park City is $1,900,000.

Question 7

What types of homes are available in Park City?

Accepted Answer

Park City, Utah offers a diverse range of properties. The area is known for: ski-access, upscale, outdoor-recreation, resort-town, excellent-schools, luxury. You can find single-family homes, townhomes, condos, and in some areas luxury estates and new construction. World-class ski resort town. Upscale, excellent schools, second homes, Olympics heritage, outdoor recreation paradise. Use AI-powered search on Propaired to filter by property type, price range, and lifestyle features.

Question 8

What is Park City, Utah known for?

Accepted Answer

World-class ski resort town. Upscale, excellent schools, second homes, Olympics heritage, outdoor recreation paradise. Higher cost of living.

Median Price

$1,900,000

Active Listings

467

Avg Days on Market

82 days

Price Range

$14,000 – $30,500,000

Population

8,000

ski-accessupscaleoutdoor-recreationresort-townexcellent-schoolsluxury

Question 9

How does Park City compare to the Utah state average?

Accepted Answer

Park City home prices are 266.8% above the Utah state median of $517,990, with a local median of $1,900,000. Homes sell slower than the state average — 82 days in Park City vs 72 days statewide (13.3% above average). The sale-to-list ratio is 97.0% locally vs 99.0% statewide.

Question 10

Are homes in Park City more expensive than the Utah average?

Accepted Answer

Yes, homes in Park City are more expensive than the Utah state average. The median home price in Park City is $1,900,000, compared to the statewide median of $517,990 — a difference of $1,382,010 (+266.8%). The premium reflects demand for the area's amenities, schools, and location.

Question 11

Do homes sell faster in Park City than the rest of Utah?

Accepted Answer

No, homes in Park City take longer to sell than the Utah average. The average days on market in Park City is 82 days, compared to 72 days statewide (13.3% above average). Buyers in Park City have more time to evaluate listings and negotiate, which can work in their favor. The overall market temperature is considered warm.

Question 12

How have home prices changed in Park City over the past year?

Accepted Answer

Home prices in Park City, Utah have decreased by 0.9% over the past year. The median sale price went from $1,916,350 to $1,900,000. This slight correction may create buying opportunities for prospective homeowners. Check the Park City market trends section above for detailed charts.

Question 13

Is the Park City housing market heating up or cooling down?

Accepted Answer

The Park City housing market is currently showing mixed signals, with prices down 0.9% year-over-year and days on market decreasing by 39.0%. The market temperature is rated "warm" based on current conditions. Park City’s median home price is roughly 266% above the Utah average, with longer days on market but a strong 97% sale‑to‑list ratio, indicating a premium yet still active market. Monitor the market data section above for monthly trends and state comparisons to track how conditions are evolving.

Question 14

What were Park City home prices this time last year?

Accepted Answer

In May 2025, the median home sale price in Park City, Utah was $1,916,350. Today, the median is $1,900,000, representing a change of -0.9% ($16,350 decrease). During that same period, the average days on market went from 94 to 58 days.

Question 15

What is the current market outlook for Park City, Utah?

Accepted Answer

Park City’s housing market remains a high‑priced enclave, with the median closed price at $1.9 M—more than 2½ times the Utah state median. Prices are still climbing, evidenced by a 20.8% month‑over‑month increase, and single‑family homes are appreciating modestly (3.2% YoY). However, the market shows signs of moderation: days on market have risen to 81 days (12.8% above the state average) and new listings (518) dwarf the 216 closed transactions, suggesting a growing supply that could temper price acceleration. The sale‑to‑list ratio remains robust at 97%, indicating buyers are still willing to meet asking prices despite higher financing costs.

On the macro side, mortgage rates have edged upward in the last 30 days, with the 30‑year rate now at 6.35% after a brief dip to 6.06% earlier in the year, while the Fed Funds rate has held steady at 3.64%. Unemployment is gently improving (U.S. down to 4.3%, Utah steady at 3.6%), and consumer sentiment has stabilized around the mid‑50s, supporting buyer confidence. Local developments—AI‑driven tax‑assessment reductions, a new gondola and parking structure, and ongoing lift‑upgrade discussions—enhance the city’s long‑term desirability, even as a warm winter season shortened ski operations. Overall, the market is warm: prices are high and still rising, inventory is expanding, and financing costs are nudging upward. The market temperature is rated "warm." Park City’s median home price is roughly 266% above the Utah average, with longer days on market but a strong 97% sale‑to‑list ratio, indicating a premium yet still active market.

Question 16

What are the key highlights of the Park City housing market?

Accepted Answer

Key highlights of the Park City, Utah housing market include: Median closed price jumped 20.8% month‑over‑month, pushing the market to $1.9 M.. Single‑family homes sold for a median $2.68 M, up 3.2% YoY, while condos fell 18.6% YoY to $1.05 M.. New listings (518) far outpace closed transactions (216), creating a modest inventory cushion.. 30‑year mortgage rates have risen from 6.06% to 6.35% over the past two months, adding cost pressure for buyers.. A local agent’s AI‑driven $13.9 M property‑tax reduction and upcoming gondola/parking projects boost long‑term appeal.. These insights are derived from recent MLS transaction data and local market analysis.

Question 17

What is the price range for homes in Park City, Utah?

Accepted Answer

Homes in Park City, Utah range from $14,000 to $30,500,000, with a median price of $1,900,000. The standard deviation is $4,621,636, indicating a wide spread of home values across neighborhoods. This range reflects the diversity of housing options available, from starter homes to luxury properties.

Question 18

What are the best schools in Park City, Utah?

Accepted Answer

Park City has 12 schools. The top-rated schools based on state performance scores include: Park City High (64.4% score), 1,177 students; Silver Summit School (61.6% score), 54 students; Winter Sports School (61.1% score), 99 students. School ratings are based on Utah State Board of Education achievement and growth metrics. Explore all Park City schools and nearby homes for sale on Propaired.

Question 19

How do Park City schools compare to the state average?

Accepted Answer

Of the 12 schools in Park City, 3 (25%) are rated as high-performing and 3 have strong academics indicators. Families should research individual school ratings on our Park City schools page for detailed performance breakdowns.

Question 20

Are there STEM or specialty schools in Park City?

Accepted Answer

Yes, Park City has 2 schools with STEM excellence indicators, including Silver Summit School, Weilenmann School of Discovery. These schools demonstrate above-average performance in math, science, or both according to Utah state assessments.

Question 21

What outdoor recreation is near Park City, Utah?

Accepted Answer

Park City offers excellent access to outdoor recreation. Nearby options include: airport (Heber City Airport, 19.1km away); boat ramp (Jordanelle State Park-Hailstone North, 7.2km away); climbing (Big Cottonwood Canyon, 17.1km away); fishing (Weber River, 29.2km away); golf course (Park City Golf Course, 2.3km away); hot springs (Homestead Crater, 21.9km away). Utah's diverse terrain provides year-round recreation opportunities within easy reach of Park City homes.

Question 22

Is Park City good for skiing and outdoor activities?

Accepted Answer

Yes! Park City has excellent access to skiing at Deer Valley Resort (4km), 5 hiking trailheads, 1 fishing spot. With ski resorts within 4km, it's a top choice for winter sports enthusiasts. Browse homes in Park City and filter by lifestyle tags like "ski property" or "trailhead hiking" on Propaired.

Question 23

What amenities are near homes in Park City?

Accepted Answer

Park City has convenient access to essential amenities including 5 banks, 5 cafes, 5 campgrounds, 5 dentists, 5 ev chargings, 5 fire stations. These services are within the city limits or nearby, making daily life convenient for residents. Propaired's listing pages include amenity proximity scores so you can evaluate each property's access to services.

Question 24

Are there hospitals and medical facilities in Park City?

Accepted Answer

Yes, Park City has access to 5 hospitals (including Intermountain Health Park City Hospital) and 1 pharmacies. The nearest hospital, Intermountain Health Park City Hospital, is 5.2km from the city center. Healthcare accessibility is an important factor when choosing a neighborhood.

Question 25

What is the internet quality in Park City, Utah?

Accepted Answer

Park City has an average broadband download speed of 2245 Mbps and 75% of homes have access to fiber internet. Top internet providers include Xfinity, Quantum Fiber, Utah Broadband. This is above average for Utah, supporting remote work and streaming. Residents have an average of 8.9 provider options.

Question 26

Are single-family homes or condos a better investment in Park City?

Accepted Answer

In Park City, single-family homes have a median price of $2,682,000 (+3.2% YoY), while townhomes/condos are $1,050,000 (-18.6% YoY). SFRs sell in 31 days vs 35 days for condos. Single-family homes are appreciating faster. Both property types are available with AI-powered search on Propaired.

Question 27

What is the price per square foot in Park City?

Accepted Answer

The median price per square foot in Park City, Utah is $773. The average home size is 3,213 sqft. This metric helps compare value across neighborhoods and property types — a lower price per sqft may indicate better value, while higher prices often reflect premium locations or finishes.

Question 28

Is now a good time to buy a home in Park City, Utah?

Accepted Answer

The 30-year mortgage rate is currently 6.35% and Utah's unemployment rate is 3.6%, with Park City's market rated as "warm." Prices are stabilizing at 0.9% year-over-year. Strong demand means well-priced homes move quickly — being pre-approved helps. Market timing depends on your personal financial situation and goals.

Question 29

When is the best time to buy a home in Park City?

Accepted Answer

Historically, June offers the most new listings in Park City, giving buyers the widest selection. Spring (April–June) typically sees the most inventory while winter months often have less competition and potentially more motivated sellers. However, Utah's growing market means opportunities exist year-round. Set up alerts on Propaired to be notified when new listings match your criteria.

Question 30

Is Park City a safe place to live?

Accepted Answer

Park City has a safety rating of 3.5 out of 10 (10 = safest) based on 2024 BCI NIBRS data. The overall crime rate is 57.9 per 1,000 residents, which is 25% above the statewide average, making it higher than average for crime. The violent crime rate is 16.7 per 1,000 residents and the property crime rate is 33.8 per 1,000 residents. (Population: 8,201)

Question 31

What is the crime rate in Park City?

Accepted Answer

In 2024, Park City's total NIBRS crime rate was 57.9 offenses per 1,000 residents. This includes crimes against persons (16.7 per 1K), property crimes (33.8 per 1K), and crimes against society. For comparison, the statewide average is approximately 46.4 per 1,000 residents. Source: Bureau of Criminal Identification NIBRS report.

Market Overview

Key Metrics

Detailed Market Analysis

Advanced Metrics

Trend Charts

Price Distribution & Property Mix

Featured Homes in Park City

$485,000

$4,299,000

$9,200,000

$3,145,000

$1,490,000

$640,000

$1,850,000

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$9,850,000

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Deals & Lifestyle in Park City

$485,000

$4,299,000

$9,200,000

$3,145,000

$1,490,000

$640,000

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$9,850,000

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$199,900

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$640,000

$365,000

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$555,000

$2,200,000

$1,059,000

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$485,000

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$385,000

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$799,000

$724,900

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$525,000

$485,000

$9,200,000

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$640,000

$1,850,000

$1,950,000

$199,900

$1,299,000

$1,485,800

$1,999,900

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$1,090,000

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$1,735,000

$4,495,000

$6,000,000

Highlights in Park City

$30,500,000

$29,000,000

$28,500,000