What is a Park City home worth in 2026?
Zillow puts the typical Park City home at $1,607,176 in data through August 31, 2026, up 5.0 percent in a year. Its median sale price for July was $1,835,786, and 79.2 percent of July sales closed under list price.
That figure blends two markets. A third quarter 2026 MLS export compiled by Real Estate in Park City shows a $3,310,000 median single family sale across Park City limits and the Snyderville Basin, against $1,302,500 for condos and townhomes. In the same report Old Town's median was $1,338,000 and Park Meadows' was $3,125,000.
When four of every five sales close under list price, the asking price next door tells you very little. The closed sale is the evidence.
How do Park City's neighborhoods compare?
Park City splits into the historic Old Town core, mostly primary home subdivisions in Park Meadows, Thaynes and Prospector, and condo heavy second home areas in Lower and Upper Deer Valley. Summit County parcel records (current to November 2025) list no square footage, so unit size there comes from Weston's measurement or the plans.
Old Town
The historic core around Main Street. The city lists a Mining Boom Era Residences Thematic District (1984) for homes built 1872 to 1929, and most work in the historic district needs design review. Nightly rentals are capped at 12 in the Western Historic Residential Low zone and need a conditional use permit in Lower Rossi Hill.
Park Meadows
The General Plan counts 1,610 units on 1,593 acres here, 65 percent primary homes at the 2010 census, and recommended against nightly rentals. The Park Meadows plat alone holds about 330 houses averaging 1982 on 0.38 acre lots. Rental rules differ plat by plat, so Weston checks them before picking comps.
Thaynes Canyon
Part of the Thaynes neighborhood, 620 acres and 250 units around the McPolin Barn in the General Plan. Thaynes Canyon has about 154 houses averaging 1984 on lots near a third of an acre, while Aspen Springs Ranch in the same neighborhood averages 3.59 acres. Lot size carries most of the adjustment between them.
Prospector Square
The General Plan's Prospector Square neighborhood has 1,149 units and a 45 percent primary home share, the lowest of the four neighborhoods in that chapter, and it suggested a nightly rental limit. Condos sit near small lot houses, so product type sets the comp pool before age does.
Lower Deer Valley
A resort neighborhood of 849 units on 1,233 acres, mostly condos and 84 percent seasonal in the 2010 figures the General Plan uses. Solamere, its largest house plat, has about 103 homes averaging 1994 on lots over half an acre. Condo comps here should match rental rights and walking distance to the Snow Park base.
Upper Deer Valley and Empire Pass
The city's most remote neighborhood: 1,535 units, mostly condo and hotel, and 91 percent seasonal per the General Plan, which names American Flag, Bald Eagle, Empire Pass and Silver Lake as its parts. Dues, ski access and building amenities differ from one project to the next, so Weston compares within the same building first.
Deer Crest
A 2013 city planning report places Deer Crest in Wasatch County, inside Park City. Wasatch records (current to October 2024) do list sizes: Roosevelt Gap's 92 condos from 2007 near 2,088 square feet, and Snowtop's 15 homes near 5,164. Schools on this side are Wasatch School District.
More Park City subdivisions and condo projects
- Racquet Club Village: Part of Park Meadows: 180 units from 1976 on tiny lots, townhome scale ground.
- Holiday Ranchettes: Another Park Meadows piece, with lots averaging 1.45 acres under 98 homes.
- Fairway Hills Estates: Houses mostly from the 1990s and 2000s on 0.61 acre lots, inside Park Meadows.
- Risner Ridge: Named in the General Plan's Park Meadows list; 61 homes averaging 1994.
- Fairway Meadows: Nightly rentals banned by city ordinance in April 2021; 57 homes on 0.35 acre lots.
- Chatham Crossing: Owners asked for a nightly rental ban, and the city passed one in 2023. Forty one homes, early 2000s.
- West Ridge: Same 2023 ordinance as Chatham Crossing: no nightly rentals across 36 homes on 0.42 acre lots.
- Fairway Village: Sixty four houses on eighth acre lots, built 1980 to 2000.
- McLeod Creek: Forty four homes averaging 1990, each on about a third of an acre.
- Ridgeview: County records show 67 homes, average build year 1989, lots near 0.37 acre.
- Meadow Estates: Mostly 1990s houses on lots a little over a third of an acre.
- Four Lakes Village: Built 1991 to 1995 on 0.06 acre sites; 74 attached or cluster homes.
- Silver Meadows Estates: A single 1996 build year for all 43 homes, so age barely enters the comparison.
- The Cove at Eagle Mountain: Two recorded plats, about 121 homes from 1997 to 2015 on tenth acre lots.
- Eagle Pointe: Lots average 1.27 acres; 67 homes, mostly 2000s construction.
- Aspen Springs Ranch: Thaynes neighborhood estates on 3.59 acre lots, 62 homes averaging 1998.
- Iron Canyon: Named in the Thaynes neighborhood: 38 houses, roughly one acre each.
- Prospector Park: About 163 homes on 0.22 acre lots in Prospector Square; one dates to 1911.
- Prospector Village: A 1976 to 2018 plat, 103 homes averaging 1982 on 0.15 acre lots.
- Bonanza Park and Snow Creek: A 337 unit General Plan neighborhood where a nightly rental limit was proposed.
- Masonic Hill: A 2013 city staff report says nightly rentals are not allowed in this neighborhood.
- The Aerie: Sixty three homes from 1983 on; a 2013 city report notes no direct route to Main Street.
- Park City Heights: Quinn's Junction's approved 239 unit project; 103 homes in records, built since 2014.
- The Oaks at Deer Valley: Lower Deer Valley houses averaging 1999 on 0.43 acre lots, 81 in county records.
- Hidden Oaks at Deer Valley: Phases 2 and 3 cannot be rented nightly (2021 ordinance); check the phase on every sale.
- Hidden Meadow: Named in Lower Deer Valley by the General Plan; 39 homes on 1.72 acre lots.
- American Flag: Upper Deer Valley homesites near 0.80 acre, 72 homes averaging 1994.
- Bald Eagle: Condo and club plats in Upper Deer Valley, about 59 units from 1990 onward.
- Stag Lodge: Thirty nine Upper Deer Valley condos built 1986 to 1996.
- Pinnacle at Deer Valley: Three recorded plats, about 86 units, all from 1982 to 1984.
- Lakeside at Deer Valley: Fifty nine condos, every one from 1982.
- Ridgepoint at Deer Valley: A 1985 condo project of 38 units.
- Lookout at Deer Valley: Twenty nine condos completed in 2007.
- Ironwood at Deer Valley: Recorded as condos, 24 units built 2004 to 2006.
- Deer Valley Ridge at Silver Lake: Twenty four 1985 condos at the Silver Lake level of the resort.
- Deer Lake: Fifty one units from 1994 on 0.04 acre sites.
- Park Avenue Condominiums: Ninety nine units dating to 1973, among the oldest condo stock in town.
- Three Kings: A 1971 condo project, 96 units; older buildings need older comps or clear updates.
- Canyon Crossing: Sixty one condos built 1999 and 2000.
- April Mountain: Houses on 0.71 acre lots plus a separate 39 unit condo plat from 2002 to 2005.
- Founders Place: The newest condos in the data: 37 units from 2022 and 2023 near 2,561 square feet.
- Parkview: Thirty four condos from 1998.
- Queen Esther: Thirty four units, all recorded as 1981 builds.
- Aspen Wood: A 1980 condo plat with 30 units.
- Fenchurch: Twenty six condos built in 1982.
- Greyhawk: Condo project of 26 units, completed 1997.
- Bellearbor: Twenty one condos finished between 2001 and 2004.
- The Cottages at Silver Star: Twenty two units recorded as condos in 2007.
- Stonebridge: Twenty six homes from 1982 on 0.03 acre sites.
- Boulder Creek: Twenty eight attached homes, all 1993.
- Nordic Village: Fifth acre lots, homes averaging 1991, 23 in county data.
- Evergreen: Twenty nine houses on lots just over half an acre, mostly 1990s.
- Mountain Ridge: Twenty homes averaging 2000 on lots near 0.38 acre.
What moves Park City home values?
Nightly rental rights come first, because they decide who can buy. City ordinances ban nightly rentals in Fairway Meadows and in Hidden Oaks at Deer Valley phases 2 and 3 (both 2021) and in Chatham Crossing and West Ridge (2023). A condo that can rent by the night and a house that cannot sell to different buyers, so Weston confirms the rule for the exact lot before choosing comps.
Occupancy shapes the rest: at the 2020 census 57.3 percent of the city's 8,127 housing units were vacant, and the General Plan counts Upper Deer Valley as 91 percent seasonal. Schools follow the county line: Park City School District in the Summit County part, Wasatch School District in the rest.
Which appraisals does Weston do in Park City?
Park City work covers purchase and refinance loans, estate and date of death values, divorce and settlement cases, tax assessment appeals, PMI removal, and pre listing or consulting work (see services). Weston is FHA approved, and an FHA report also checks the home against HUD's minimum property standards. Reports are UAD 3.6 ready. The record: 100 percent of 2025 reports on time, an average under five days in 2026, and about a week from order to delivered report, usually less. Call (801) 403-7723 to order.
Park City appraisal questions
What is my house worth in Park City?
Third quarter 2026 medians ran from $1,302,500 for condos and townhomes to $3,310,000 for single family homes. An appraisal compares your property with closed sales of the same type, rental rights and location.
What is the FHA loan limit in Summit County for 2026?
$1,163,800 for a one unit property, per Homebuyer.com. Wasatch County's limit is the same, so the Deer Crest side matches. FHA requires an FHA approved appraiser, and Weston is one.
Why is an appraisal better than a Zestimate in Park City?
An automated estimate never sees the home, and Summit County parcel records list no square footage for Park City houses. Weston measures and inspects, checks the nightly rental rule for that lot, and compares closed sales a lender or court can review.
How does a date of death appraisal work for a Park City home?
It values a property as of the day the owner died, for the estate's tax filings and the heirs' new cost basis. Weston uses Park City sales from around that date, so a 2024 death is measured against 2024 sales.