Park City, MT—59063
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Park City, MT
As of Oct '25, the median home price in Park City, MT is $468,000, with a year-over-year change of 1.5%. This indicates that home prices in Park City, MT are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $468,000 | 1.5% |
| Single Family | $467,000 | 0.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $328,000 | 0.0% |
3 Bed | $460,000 | 1.1% |
4 Bed | $571,000 | 2.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Park City, MT
Park City, MT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Park City, MT
As of Oct '25, Realtor.com reports that the median days on market for a home in Park City, MT is 40. This is a decrease of -54.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $477,000 | -13.0% |
Listing Count | 3 | 21.0% |
| Listings as % of Homes | 0.7% | 21.0% |
Days on Market | 40 | -54.0% |
Demographics — Park City, MT
As of the latest ACS Survey released in 2023, Park City, MT has a population of 2,060, which has increased by 5.3% over the past 5 years. Park City, MT is a popular place for families, as children make up 25.6% of the population. The area has a moderately educated workforce, with 28.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,060 | 5.3% |
% Under 18 | 25.6% | 42.2% |
% Seniors | 19.4% | -20.2% |
% WFH | 6.1% | -12.9% |
% w/ College Degree | 28.8% | 11.6% |
Park City, MT lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.1% | -6.1% |
% Black | 0.0% | N/A |
% Hispanic | 4.3% | 616.7% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Park City, MT
According to HUD data as of 2023, there were 50 mortgage originations in Park City, MT, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Park City, MT. Investor activity is low, as 0.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 50 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Park City, MT
Park City, MT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 3.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,080 |
| 2 Bedroom | N/A | N/A | $1,420 |
| 3 Bedroom | N/A | N/A | $1,990 |
| 4 Bedroom | N/A | N/A | $2,380 |
Affordability — Park City, MT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $468,000 |
| Median Household Income | $90,400 |