Search Park City homes for sale with Park City real estate expert, Richard Taleghani.
The median sale price of a Park City, UT home was $2.3M last month, a decrease of 26.4% since last year. The median sale price per square foot in Park City, UT is $1.16K, a decrease of 11.9% since last year. On average, homes in Park City, UT sell in around 38 days. In February 2026:
Median Sale Price
# of Homes Sold
Median Days on Market
Park City's residential market spans seven distinct areas, each with different price levels, lifestyle characteristics, and property types. Historic Park City (Old Town) offers Victorian-era homes, walkable access to Main Street, and a strong short-term rental market. Promontory is a private, amenity-rich community with golf, ski access, and new construction across a range of price points. Deer Crest provides ski-in/ski-out access to Deer Valley at the luxury end of the market. The Colony at WPC is Park City's largest private ski community on 4,600 acres with ski access to both Canyons and Park City Mountain Resort. Park City Mountain Resort neighborhoods offer resort-base living with strong rental demand. Red Ledges in the Heber Valley offers golf, club amenities, and proximity to Deer Valley at more accessible price points. Hideout is a growing community overlooking Jordanelle Reservoir, favored by buyers seeking value and views within 15 minutes of Park City.
Park City is a ski resort market with constrained land supply. The city sits at roughly 7,000 feet in the Wasatch Mountains, where slope restrictions, conservation easements, and zoning overlays limit buildable land. This structural scarcity has supported long-term price appreciation even during broader market slowdowns. Park City Mountain Resort and Deer Valley together attract over 1.5 million skier visits per season, generating consistent short-term rental demand. Summer also drives occupancy through mountain biking, festivals, and the Sundance Film Festival. The area is approximately 35 minutes from Salt Lake City International Airport via Interstate 80, which widens the buyer and renter pool relative to more isolated resort markets.
Park City's market includes single-family homes, condominiums, townhomes, and land. Single-family homes range from preserved Victorian properties in Old Town to newly built mountain estates in private gated communities. Condominiums are concentrated near the ski resort bases at Canyons Village and Park City Mountain Resort, with many units qualifying for nightly rental programs. Townhomes are common throughout Snyderville Basin and offer a middle ground between condo and single-family ownership. Land parcels are available in communities including Promontory, Red Ledges, and the Heber Valley, though buildable lots with direct ski access are increasingly scarce. Use the property search above to filter by type, price, and neighborhood.
A: The median home price in Park City, UT is approximately $2,275,000 as of February 2026, with a median price of $1,160 per square foot. Homes sold in an average of 38 days. The price range is wide: entry-level condominiums near Canyons Village start around $300,000 to $600,000, mid-range single-family homes typically run from $1.5 million to $4 million, and luxury properties in Deer Crest, Promontory, and The Colony at WPC regularly exceed $5 million.
A: Park City real estate has delivered consistent long-term appreciation, supported by limited buildable land, strong resort-driven demand, and year-round appeal. The market benefits from proximity to two world-class ski resorts (Deer Valley and Park City Mountain Resort), a 35-minute connection to Salt Lake City International Airport, and a growing base of remote workers and second-home buyers. Short-term rental demand during ski season generates income potential in select areas. Limited inventory and zoning constraints continue to support price stability even during broader market slowdowns.
A: The best neighborhood depends on your priorities. Historic Park City (Old Town) offers walkability, Victorian-era homes, and Main Street access. Promontory is a private, amenity-rich community with golf, ski access, and new construction. Deer Crest provides ski-in/ski-out access to Deer Valley at the luxury end of the market. Hideout and Red Ledges offer more value with Heber Valley views and resort proximity. The Colony at WPC is Park City's largest private ski community. Each area serves a different buyer profile and budget range.
A: Park City offers single-family homes, condominiums, townhomes, and vacant land. Single-family homes range from Victorian-era properties in Old Town to newly built mountain estates in gated communities. Condominiums are concentrated near the ski resort bases at Canyons Village and Park City Mountain Resort, with many qualifying for short-term rental programs. Townhomes are common in mid-range communities throughout Snyderville Basin. Land parcels are available in Promontory, Red Ledges, and the Heber Valley, though buildable lots with ski access are increasingly scarce.
A: The Park City market is competitive, particularly for properties with ski access, mountain views, or Old Town proximity. Limited land supply and strong demand mean well-priced homes often receive multiple offers and sell quickly. New listings in desirable neighborhoods frequently go under contract within days. Buyers benefit from working with a local agent who has access to off-market inventory and can move quickly when a property becomes available. Market conditions vary by price segment, with the $1 million to $3 million range seeing the highest transaction velocity.
A: A local agent is strongly recommended in Park City. The market has distinct neighborhood characteristics, short-term rental regulations, HOA structures, and zoning rules that vary significantly across communities. Many of the most desirable properties trade off-market or within agent networks before reaching public listing platforms. A buyer's agent in Park City is compensated from the seller's commission, so there is no direct cost to the buyer for representation. Richard Taleghani specializes in the Park City market and can be reached at (435) 346-1565 or through the contact form on this page.
A: Park City is located in Summit County, Utah. The property tax rate in Summit County is among the lowest in the state, with an effective rate typically ranging from 0.4% to 0.6% of assessed value depending on the specific taxing district. Utah assesses residential property at 55% of fair market value, meaning a $2 million home would have an assessed value of $1.1 million for tax calculation purposes. Primary residences qualify for a lower rate than investment or vacation properties. Buyers should confirm the current mill levy for their specific area with Summit County.
Park City Real Estate Expert
Luxury Real Estate Agent · Park City, UT
Richard Taleghani specializes in luxury residential property across the Wasatch Back, covering Historic Park City, Promontory, Deer Crest, The Colony at WPC, Red Ledges, Hideout, and Park City Mountain Resort. Clients have described his local market knowledge and negotiation approach as central to their buying experience.
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Address 890 Main St, Suite 5-101 |
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Area Served Park City, UT |
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Richard is dedicated to helping you find your dream home and assisting with any selling needs you may have. Contact him today so he can guide you through the buying and selling process.
