What's Your Park City Home Worth?
Get a free, no-obligation valuation of your Park City home from a local expert — not an automated guess. We price it against the homes actually selling in your neighborhood right now.
- Comparable sales from your part of Park City
- A price range and a strategy for your timeline
- A short call, video or in-person visit
- No obligation, no listing pressure
Request your Park City home valuation
A local agent reviews it personally and sends your number — usually same day.
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A Park City agent is preparing your home value now. Watch your email and phone.
Park City home values right now
What Park City homes are actually selling for
The quickest way to sanity-check any number you've seen for your house is to look at what the market is doing now. These figures come from closed sales in the MLS and refresh automatically.
88 residential sales closed in October 2026. Typical asking price today: $2,350,000. 666 homes for sale. Year-over-year compares October 2026 with the same month last year.
Are Park City home prices dropping?
No. The median sale price is up about 23.9% from the same month a year ago. One month's median moves with whichever homes happened to sell, so read it as a direction, not a precise change for your home. Rising medians still don't lift every home equally, so your own comparable sales matter more than the citywide number.
Is Park City a buyer's or seller's market?
With about 7.6 months of supply, the market leans toward buyers. Under about four months usually favors sellers; over six favors buyers. Homes are closing at about 95.9% of list price, so buyers are negotiating harder than they were. The citywide number hides a lot. A move-in-ready home in a popular neighborhood can still draw quick offers while a dated one nearby waits, and that gap is what a home-by-home analysis is for.
Median sale prices by neighborhood in Park City
| Neighborhood | Median sale price | Homes sold | For sale now |
|---|---|---|---|
| Promontory | $4,913,000 | 100 | 38 |
| Silver Creek | $1,000,000 | 32 | 17 |
| Pinebrook | $1,100,000 | 29 | 13 |
| Jeremy Ranch | $1,849,000 | 26 | 8 |
| Summit Park | $1,322,000 | 23 | 10 |
| Pioche Village | $465,000 | 13 | 7 |
| Bear Hollow | $1,067,000 | 13 | 4 |
| Prospector Square Condominiums | $333,000 | 12 | 8 |
| Bear Hollow Village | $1,208,000 | 12 | 3 |
| Newpark | $807,000 | 9 | 9 |
Closed residential sales over the last 12 months, from the MLS. Neighborhoods with fewer than five sales aren't shown. Area medians are a starting point, not an answer: two homes on the same street can sell far apart once size, lot, layout and condition are counted, and a median moves with whatever mix of homes happened to sell.
Selling a home in Park City
Park City is one of the most distinctive markets in Utah: a historic mining town turned year-round resort, home to Park City Mountain and Deer Valley, the Utah Olympic Park, and a key venue for the 2034 Winter Games. The city itself has fewer than 9,000 residents, but the Park City area, including the Snyderville Basin around Kimball Junction, is much larger, and many buyers are second-home owners or relocating for the mountain lifestyle.
That means "Park City" covers very different properties and rules. Historic homes and condos in old town, ski-access homes near the resorts, family neighborhoods like Jeremy Ranch and Pinebrook, and gated golf communities like Promontory all carry a Park City address, but many are outside city limits under Summit County rules, and Deer Valley's East Village is in Wasatch County. The neighborhood table above shows how far apart they sell.
A CMA from a local agent sorts out the jurisdiction and nightly rental status first, then matches your property with the sales that truly compare, adjusting for ski and trail access, views, finish and HOA.
From a person, not an algorithm
What you get with a free Park City home valuation
A real comparative market analysis from a local agent, the same document we'd prepare for a client deciding whether to list.
Comparable sales
Recent closed sales and active listings near you in Park City, pulled from the same MLS data an appraiser will use.
A price range and a strategy
A realistic range with the reasoning behind it, and the trade-off between pricing to sell quickly and testing the top of the range.
A short consult
Phone, video or in person, your pick. A conversation about your timeline and options, with no obligation to list.
The method
How we figure out what your Park City home is worth
A comparative market analysis answers one question: what will a ready buyer pay for this home right now? It's the same way an appraiser will look at your home if the buyer finances the purchase.
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1
Pull the right closed sales
Utah is a non-disclosure state, so sale prices aren't in public records. We start with closed MLS sales, ideally from your own neighborhood in Park City, from the last three to six months, and close to your home in size, age and style. In a slow pocket we look farther out or farther back, and we tell you when we did.
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2
Adjust for what's different
No comparable sale is identical. We adjust each one for living area, basement finish, lot, garage, views, age and updates. A comp with a brand-new kitchen sold for more than a home without one will, and we account for it.
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3
Read the competition
Closed sales show what happened. Active and pending listings show what a buyer will compare you with next weekend, and expired listings show the prices buyers turned down.
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4
Land on a range, then a strategy
You get a realistic price range, a likely sale price and an expected time on market. Then we talk through how to use it, so you know the trade-off before you decide.
Local factors
What moves home values in Park City
National valuation tools treat a square foot the same everywhere. Buyers here don't. These are the details that most often separate two Park City homes that look identical on paper.
Nightly rental eligibility
Whether a property can be rented nightly is one of the biggest value drivers here. Park City issues nightly rental licenses only where zoning allows, several subdivisions ban them, and some historic-district areas need a conditional use permit with a cap. Summit County has its own license and zoning rules. Confirm a property's eligibility before pricing on rental income.
City limits or the county
A Park City address doesn't mean a home is in Park City. The Snyderville Basin, including Kimball Junction, Jeremy Ranch and Pinebrook, is unincorporated Summit County, and Deer Valley's East Village is in Wasatch County. Rental rules, ADU rules and services differ, and comparables need to match.
Ski, trail and town access
Distance to the lifts, Main Street and the trail system shapes value more than square footage alone. Ski-in, ski-out and walk-to-town properties are priced in their own tier.
Accessory apartments
Park City allows accessory apartments without an owner-occupancy requirement, but new ones must be deed-restricted to rentals of 90 days or longer, so they add long-term rental value rather than nightly income. Lockout units used as nightly rentals need a conditional use permit.
Deed-restricted housing
Some lower-priced homes and condos are deed-restricted affordable or attainable units with income and qualification rules. They're valued under their own rules, not against open-market sales.
Golf and gated communities
Park City Golf Club is the city's public course, and private gated communities with their own courses carry large premiums alongside high dues and membership costs. Buyers weigh the amenities against those costs.
Second homes, condition and taxes
Second-home buyers pay for move-in-ready, well-maintained homes they don't have to manage from far away. Second homes and nightly rentals don't get Utah's 45% primary-residence exemption, which buyers factor into the price.
Know which number you're looking at
Online estimate, CMA or appraisal?
You can get a number for your house in ten seconds from Zillow, Redfin or Realtor.com, and it's a fine place to start. Just know what's behind it. Automated estimates read public records and listing data, and here they often can't see what homes actually sold for. They also can't see your remodeled kitchen, your finished basement or the view from your back patio.
| Online estimate | CMA from a local agent | Appraisal | |
|---|---|---|---|
| Who prepares it | An algorithm | A licensed agent who knows the area | A licensed appraiser |
| What it sees | Public records and listing data | MLS sales, current competition, your home's condition and updates | Closed sales and an inspection of the home |
| Cost | Free | Free | Usually several hundred dollars |
| Turnaround | Instant | Usually within one business day | About a week or more |
| Best for | A rough idea | Deciding whether, when and at what price to sell | A mortgage, refinance, estate or legal matter |
One more number you'll see is the county assessor's market value on your valuation notice. It's set as of January 1 for tax purposes, and a primary residence is taxed on 55% of it because of Utah's 45% residential exemption. It's useful, but it isn't a sale price, so don't price your home from your tax notice.
Before you list
Getting the most for your Park City home
The best return usually comes from the unglamorous work, not a rushed remodel.
- Service the HVAC. Inspectors look at the furnace and roof first in a snowy climate. A recent service record helps.
- Clean up the outside. Trimmed trees, fresh mulch or rock and working sprinklers are a cheap way to improve the first photo.
- Paint and light. Fresh neutral paint and bright bulbs do more for photos and showings than almost anything else at the same cost.
- Fix the small items now. Leaky faucets, cracked tile and worn caulking show up in inspection reports and turn into repair requests.
- Gather your paperwork. HOA documents, any solar agreement, warranties, permits for a finished basement or addition, and records of upgrades answer buyer questions before they turn into negotiation.
- Skip the big remodel. A new kitchen right before listing rarely pays back in full. We'll tell you which updates are worth it for your price range.
Not selling yet? Other good reasons to know your value
Plenty of the valuations we prepare are for owners who aren't listing at all. Knowing what your home would sell for helps when you're:
- • Considering a refinance or HELOC, so you know roughly how much equity you have before a lender orders an appraisal.
- • Deciding whether to sell or rent it out, by putting the likely sale price next to what the home could rent for.
- • Handling an estate, a divorce or a relocation, where everyone needs a realistic number. A court or lender will usually still require a formal appraisal.
- • Planning a move up or down, so you can see what you could afford next before you start shopping.
Park City home value FAQs
How much is my Park City home or condo worth? +
Can I rent my Park City property nightly? +
Is my home in Park City or Summit County? +
Are home prices going down in Park City? +
How long does it take to sell in Park City? +
Is an online estimate accurate for a Park City property? +
Homes by school in Park City
Buyers often value a home by its attendance area. See what's for sale near Park City schools.
Home values in nearby cities
Ready to know what your Park City home is worth?
A local expert valuation beats any online estimate — and it's free.
Market figures are sourced from the Regional Multiple Listing Service and refreshed regularly; information is deemed reliable but not guaranteed and should be independently verified. A home valuation is an estimate, not an appraisal.