Housing Prices in Park City, UT

How much do homes in Park City, UT cost?

Median List Price

$2,420,833

$871/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

-$2,379,166(-49.6%)

Key Takeaway

The list price of homes in Park City has decreased by 49.6% since last year.

Summary: The median home list price in Park City was $2,420,833 in May 2024, down 49.6% from the previous year, and the median price per square foot was $871.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $949K$597K
-37.1%
2 $2.6M$970K
-63.3%
3 $4.1M$1.6M
-60.7%
4 $5.0M$3.2M
-34.8%
5+ $6.3M$4.9M
-20.6%

Summary: Park City housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.1%, 2 bedroom homes decreased by 63.3%, 3 bedroom homes decreased by 60.7%, 4 bedroom homes decreased by 34.8%, and 5+ bedroom homes decreased by 20.6%.

Median List Price Compared To Nearby Cities

Park City
-49.6%
North Wasatch
-70.5%

Housing Supply in Park City, UT

How many homes are available in Park City, UT?

Number of Homes For Sale

Apr 2024May 2024CHANGE
300414+38.0%

Summary: The Park City real estate market had 414 homes for sale in May 2024, a 38.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 2430
+25.0%
2 5169
+35.3%
3 6785
+26.9%
4 6583
+27.7%
5+ 93147
+58.1%

Summary: The Park City housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 35.3%, 3 bedroom homes increased by 26.9%, 4 bedroom homes increased by 27.7%, and 5+ bedroom homes increased by 58.1%.

Days on Market for Park City, UT

How long does it take to sell a home in Park City, UT?

Average Listing Age

May 2023May 2024CHANGE
143 Days110 Days-22.8%

Summary: Homes in Park City had an average listing age of 110 days in May 2024, down by 22.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

Newest Listings in Park City, UT

Nearby Markets to Park City, UT

What housing markets are near Park City, UT?