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Park City housing market: home prices, trends and forecast

Park City home prices: the Zillow Home Value Index put a typical home in Park City, Utah at $1,598,285 in September 2026. That is +5.6% higher than a year earlier, and −1.8% below the peak of $1,627,700 set in June 2022.

Value of a typical home
$1,598,285
September 2026, Zillow ZHVI
Change over 12 months
+5.6% over the year since September 2025.
Change over 10 years
+121.8% over the years since September 2016.
Multiple, measured since 2006
×2.8. starting from $567,006.
How long a home stays listed
90
Metro area: Heber, UT. Source: Realtor.com.

Park City home prices since 2000

Park City is drawn as the steel line, the United States as the grey line. From December 2006 to now, the typical Park City home has risen from $567,006 to $1,598,285, ×2.82, while the US figure is ×1.75 over those months. The boom high was reached in December 2007 at $596,527, while the low came in December 2010 at $459,862, −22.9%.

$0$250k$500k$750k$1m$1.25m$1.5m$1.75m2010201520202025Dec 2006 · $567,006$366,157$1,598,285Sep 2026Park CityUnited States$0$250k$500k$750k$1m$1.25m$1.5m$1.75m20102020Dec 2006 · $567k$366k$1.6mSep 2026
For a typical home, the Zillow Home Value Index is smoothed and seasonally adjusted. Zillow Research data
December 2006 · $567,006

Park City median home price by year

Each yearly figure averages the twelve monthly values, and 2026 shows the latest month.

YearPark CityChange on the yearUnited States
2007$585,713$208,449
2008$578,698−1.2%$195,574
2009$534,662−7.6%$177,542
2010$472,341−11.7%$171,462
2011$486,335+3.0%$162,508
2012$490,101+0.8%$161,137
2013$527,140+7.6%$171,420
2014$580,732+10.2%$182,996
2015$647,849+11.6%$192,738
2016$711,181+9.8%$204,509
2017$769,321+8.2%$216,767
2018$817,255+6.2%$230,541
2019$854,348+4.5%$242,088
2020$903,961+5.8%$257,151
2021$1,162,954+28.7%$295,959
2022$1,520,477+30.7%$340,014
2023$1,444,555−5.0%$348,160
2024$1,483,178+2.7%$359,751
2025$1,511,663+1.9%$362,959
September 2026$1,598,285+5.6%$366,157

What a home bought in Park City in any year is worth now

For a typical home, this is an index-based estimate rather than an appraisal.

A year's figure comes from averaging its twelve monthly index values; September 2026 is the value now. Other tools: home appreciation calculator.

Thinking about selling? Compare local agents at Realtor.com. Advertising disclosure: links like this one may pay the site, though no number is ever changed by that. Disclosure.

Park City housing market forecast

Zillow's forecast has the Heber, UT metro up +2.8% over the 12 months starting September 2026, and up +1.7% over the next three months. With Park City's typical value at $1,598,285, the forecast would place it close to $1,643,000 after one year.

Zillow's central estimate for the metro is what appears here; this site offers no forecast of its own. Such 12-month forecasts have typically landed several percentage points from the realised change, in both directions. It is not investment advice.

Every metro housing market forecast sits in one table: full housing market forecast table.

Park City housing market crash risk score

48 of 100, higher than normal

Park City is ranked against the 292 cities by a score built on five conditions that were high before earlier price falls. Every input is scored from 0 to 100 by comparison with the other cities; the five scores are averaged, each with the same weight. It shows conditions today; it does not predict a crash.

InputValueSub-scoreWeight
Active listings vs 2019+12.2%6320%
How long a home stays listed vs 2019−5.3%2720%
Price-to-rent ratio37.19820%
12-month price change+5.6%320%

Nothing here is investment advice. How the inputs get their scores: the methodology. All 292 cities ranked: crash risk ranking.

Park City inventory and days on market

For September 2026 the Heber, UT metro counted 1,595 homes for sale, 8.7% more than one year earlier and +12.2% above September 2019. Listings sold in a median of 90 days (−5.3% against 2019), and 11.8% of them had their price cut.

Heber, UT metro, September 2026ValueOn a year
Active listings1,595+8.7%
New listings242
Median days on market900%
Median list price$1,594,500+11.0%
Share with a price cut11.8%

Metro inventory from Realtor.com® Economic Research. Realtor.com data. All metros: days on market by city.

Living costs and rent in Park City

The Zillow Observed Rent Index shows a typical asking rent of $3,594 a month in Park City, +12.2% on a year. At that rent, the typical home comes to 37.1 years of rent payments.

More housing markets in Utah

For the whole state: Utah housing market.

Chart reading guide

Every point shows the Zillow Home Value Index for Park City: what a typical home in the market's middle third was worth, smoothed and seasonally adjusted, in dollars for that month. The hollow dot shows the month on the slider, while the terracotta dot shows the latest month. These numbers are not adjusted for inflation, and the index follows the typical home rather than any one house: use the card above or the home appreciation calculator to work out the value of one house from the price it sold for.