Housing Prices in Park City, UT
How much do homes in Park City, UT cost?
Median List Price
$2,423,333
$929/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Park City has decreased by 51% since last year.
Summary: The median home list price in Park City was $2,423,333 in April 2024, down 51% from the previous year, and the median price per square foot was $929.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $949K | $654K | -31.1% |
| 2 Bedrooms | $2.6M | $1.0M | -60.3% |
| 3 Bedrooms | $4.1M | $1.6M | -60.7% |
| 4 Bedrooms | $5.0M | $3.5M | -29.8% |
| 5+ Bedrooms | $6.8M | $5.5M | -19.4% |
Summary: Park City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.1%, 2 bedroom homes decreased by 60.3%, 3 bedroom homes decreased by 60.7%, 4 bedroom homes decreased by 29.8%, and 5+ bedroom homes decreased by 19.4%.
Median List Price Compared To Nearby Cities
| Park City | $4.9M | $2.4M | -51.0% |
| North Wasatch | $4.1M | $1.2M | -70.2% |
Housing Supply in Park City, UT
How many homes are available in Park City, UT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 289 | 363 | +25.6% |
Summary: The Park City real estate market had 363 homes for sale in April 2024, a 25.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 22 | 32 | +45.5% |
| 2 Bedrooms | 50 | 67 | +34.0% |
| 3 Bedrooms | 62 | 77 | +24.2% |
| 4 Bedrooms | 62 | 77 | +24.2% |
| 5+ Bedrooms | 93 | 110 | +18.3% |
Summary: The Park City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 45.5%, 2 bedroom homes increased by 34%, 3 bedroom homes increased by 24.2%, 4 bedroom homes increased by 24.2%, and 5+ bedroom homes increased by 18.3%.
Days on Market for Park City, UT
How long does it take to sell a home in Park City, UT?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 164 Days | 121 Days | -26.2% |
Summary: Homes in Park City had an average listing age of 121 days in Apr 2024, down by 26.2% compared to the previous year.
Based on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2024 UtahRealEstate.com All rights reserved.