Market Report
Park City, UT · 84098
What homes have been selling for in Park City ZIP 84098 over the last 12 months. Based on 594 closed sales. Updated May 3, 2026.
What’s happening
Reading the latest sales…
Typical sale price
$1.5M
Days to sell
85 days
Homes sold (12 mo.)
594
Right now in Park City 84098
How homes are moving in this area, based on the latest 12 months of closed sales.
85 days
Homes taking longer
Listings are sitting on the market longer than usual - buyers have time to evaluate.
94.9%
Room to negotiate
Buyers commonly close below original list price after negotiation.
7.7 mo
Plenty of choice
More homes are available than buyers - sellers may need patience, buyers have options.
Recently sold nearby
The 8 most recent closings that look like your home. What similar properties actually sold for is the strongest anchor for what buyers will pay now - and where you should price to move.
Buy vs Rent in 84098
Renting tends to outpace buying over the next 15 years at today's prices and rates.
If you buy
$10,907/mo
If you rent
$2,729/mo
Assumes 20% down, 7% mortgage, 3.5% appreciation, 4% rent growth, 5% investment return on the alternative. Includes property tax, insurance, maintenance, and 8% selling costs at exit. Talk to an agent for your specific numbers.
Long-term market change
Typical home value (5-year window) with month-over-month change.
+25.7%
since Jun 2021
Biggest jump Apr 2022 (+4.3%) · Biggest drop Sep 2022 (-2.6%)
Value in Jun 2021
$1.1M
Peak (Jun 2022)
$1.5M
Today
$1.4M
Activity by month
Average homes sold and new listings hitting the market each calendar month, pooled across all years.
Most sales in Oct · Most new listings in Jul
When homes sell fastest
Average days to sell by month, pooled across every year. Lower = faster.
Jul fastest · Jan slowest
Neighborhood Demographics · 84098
20,311
$171,151
$1,117,700
$2,729
2.9% gross yield
83.6%
5,787 own · 1,139 rent
9,854
29.7% vacant
70.8%
Bachelor's or higher
41.9
3.9% poverty rate
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
Other Utah markets
Nearby ZIPs in Park City and other high-activity areas.