Park City, UT—84060
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Park City, UT
Home Price Trends — Park City, UT
As of Oct '25, the median home price in Park City, UT is $2,064,000, with a year-over-year change of 4.3%. This indicates that home prices in Park City, UT are increasing. According to Zillow, the 1-year price projection is 3.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $2,064,000 | 4.3% |
| Single Family | $2,964,000 | 3.1% |
| Condos | $1,480,000 | 3.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $673,000 | 1.7% |
2 Bed | $1,270,000 | 3.3% |
3 Bed | $2,216,000 | 5.0% |
4 Bed | $3,656,000 | 4.3% |
| 5 Bed | $5,949,000 | 3.2% |
% of Housing Stock
Rental Trends — Park City, UT
As of July '25, Rentcast reports the average rent in Park City, UT is $4,450, with a year-over-year rent change of 10.1%. Per bedroom, the median rent as of July '25 in Park City, UT is studios: $1,500, 1-bedrooms: $2,410, 2-bedrooms: $3,790, 3-bedrooms: $4,770, 4-bedrooms: $8,320. The most common rental property sizes in Park City, UT are 3-bedroom and 1-bedroom, accounting for 35.0% and 22.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,800 | $4,450 |
| Studio Rent | $1,500 | $1,500 |
| 1 Bed Rent | $2,250 | $2,410 |
| 2 Bed Rent | $3,700 | $3,790 |
| 3 Bed Rent | $3,900 | $4,770 |
| 4 Bed Rent | $8,900 | $8,320 |
% of Rental Stock
Property Listings — Park City, UT
As of Oct '25, Realtor.com reports that the median days on market for a home in Park City, UT is 96. This is a decrease of -11.0% 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 7.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $3,210,000 | 5.0% |
Listing Count | 496 | 25.0% |
| Listings as % of Homes | 2.6% | 25.0% |
Days on Market | 96 | -11.0% |
Demographics — Park City, UT
As of the latest ACS Survey released in 2023, Park City, UT has a population of 8,580, which has remained stable by 1.0% over the past 5 years. Park City, UT is a less popular place for families, as children make up 14.8% of the population. The area has a highly educated workforce, with 65.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,580 | 1.0% |
% Under 18 | 14.8% | -23.3% |
% Seniors | 19.8% | 53.5% |
% WFH | 24.7% | 64.7% |
% w/ College Degree | 65.2% | 7.2% |
As of the latest ACS Survey released in 2023, Park City, UT is a predominantly white area, with 78.2% of the population identifying as white. The white population has grown by 2.1% in the last 5 years. The second most common race or ethnicity in Park City, UT is hispanic, making up 16.2% of the population. Foreign-born residents account for 13.3% of the population in Park City, UT, and this percentage has decreased by 12.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 78.2% | 2.1% |
% Black | 1.0% | -41.2% |
% Hispanic | 16.2% | -9.0% |
% Asian | 2.8% | 47.4% |
% Foreign Born | 13.3% | -12.5% |
Mortgage and Risk — Park City, UT
According to HUD data as of 2023, there were 273 mortgage originations in Park City, UT, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Park City, UT. Investor activity is low, as 4.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 273 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 4.0% |
% Second Loans | 48.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Park City, UT
Park City, UT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$700 | $2,250 | $1,550 |
| 2 Bedroom | -$1,800 | $3,700 | $1,900 |
| 3 Bedroom | -$1,390 | $3,900 | $2,510 |
| 4 Bedroom | -$6,290 | $8,900 | $2,610 |
Affordability — Park City, UT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 14 |
| Median Home Price | $2,064,000 |
| Median Household Income | $132,000 |