Updated housing market forecast with median home price, inventory pressure, selling speed, and buyer timing insights
Data through May 2026 · Source: Redfin market data
$2.86M
Median Sale Price
29
Days on Market
9.8
Months of Supply
+90.4%
YoY Change
Buyer's Market
Market Type
With 9.8 months of inventory, buyers have negotiating power in Park City.
Best Month to Buy
Aug
Typically lowest prices
Most Expensive Month
Apr
Peak pricing period
Seasonal Pattern
Spring/Summer has premium pricing
Current DOM
29
days
Average DOM
76
days
Fastest
6
days
Slowest
226
days
Homes are currently selling faster than usual in Park City.
View detailed selling time analysis →The Park City housing market is currently characterized as a buyer's market. With a median sale price of $2.86M and homes spending an average of 29 days on the market, buyers have ample time to make decisions and negotiate.
The median home price in Park City, UT is currently $2.86M. Buyers can use that number as a quick benchmark for affordability, while sellers can use it to sense-check list price expectations. For better context, compare this figure with inventory levels, sale-to-list ratio, and neighborhood-level demand before making a move.
Homes in Park City are averaging 29 days on market. That metric helps show whether listings are moving quickly or sitting long enough for buyers to negotiate. If median days on market starts falling while inventory stays tight, sellers usually gain more leverage.
Buyers should compare current pricing, inventory, and seasonal trends before making an offer. If you want the lowest typical prices, review our best time to buy in Park City guide. Sellers should also review our how long homes take to sell in Park City analysis.
The current inventory of 216 homes gives buyers plenty of options. With 9.8 months of supply, you'll have room to negotiate and take your time finding the right property.
If you are buying, watch months of supply, price cuts, and how often homes sell above list. If you are selling, focus on pricing strategy and median days on market. In a fast market, buying sooner may protect you from higher prices. In a slower market, waiting can give you more leverage and more choices.
Homes in Park City are selling at 96.4% of their list price on average. Approximately 9% of homes sell above asking price. The typical time to sell is 29 days from listing to closing. Check current real estate commission rates in Utah to understand your selling costs.
For deeper timing data, review our best time to buy in Park City page and our how long it takes to sell in Park City report. If you want boots-on-the-ground advice, connect with a local real estate agent who knows the Park City market block by block.
Based on current trends, here is our data-driven outlook for the Park City real estate market heading into 2027.
Prices in Park City are rising at 90.4% year-over-year. This pace suggests continued appreciation, though at a potentially moderating rate as inventory adjusts.
At 9.8 months of supply, buyers have leverage. Sellers may need to price more competitively or offer concessions.
Homes sell in just 29 days on average. This fast pace is expected to continue while inventory stays low.
Bottom line: Park City is currently a buyer's market. Take advantage of the negotiating power, but work with an experienced agent to identify the best deals. Find a Park City real estate agent to get personalized market advice.
You can also compare nearby markets, review monthly price trends, and track days on market to spot when negotiating power is shifting. Those signals often matter just as much as headline median prices.
Park City, Utah has a balanced with moderate competition real estate market in 2026. The median home price is $2.9M. Homes typically sell in 29 days. Working with a local agent helps you navigate the market and find the best opportunities.
The median home price in Park City, Utah is $2.9M as of 2026. A local real estate agent can help you find homes within your budget and identify upcoming listings.
Houses in Park City, Utah typically sell in 29 days on average. Proper pricing and staging are essential to attract buyers in the current market. A top local agent can help sell your home faster and for the best price.
Real estate agent commissions in Park City, Utah typically range from 5-6% of the sale price, split between buyer's and seller's agents. Our free matching service connects you with vetted local agents at no additional cost to you—we're compensated through standard referral fees from the agent's existing commission.
Park City, Utah offers opportunities for first-time buyers, though prices may require first-time buyer assistance programs. Utah offers several first-time buyer programs including down payment assistance. A local agent experienced with first-time buyers can guide you through the process and available programs.
Connect with a local expert who knows the Park City market.
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