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Foreclosure Homes in Park City, UT

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Park City, UT Foreclosures

How much do homes sell for in Park City, UT?
The average home price is currently $2,545,557.
In Park City, UT, how many homes are available?
There are currently 31 active home listings available in Park City.
What’s the average rental cost in Park City, UT?
The average rental price in Park City is $3,308.
What is the most expensive home in Park City?
The most expensive home sold in Park City had a price of $57,651,716.
What is currently the cheapest priced home in Park City, UT?
The cheapest home for sale in Park City is priced at $36,890.

Living in Park City, UT

Park City, Utah, is a renowned destination for outdoor enthusiasts and offers a charming small-town feel. Known for its incredible skiing and mountain biking, the area is also rich in culture with events like the Sundance Film Festival. Residents enjoy a mix of stunning landscapes, vibrant downtown activities, and family-friendly amenities.

Current Market Conditions in Park City, UT

The real estate market in Park City remains strong, driven by a high demand for vacation homes and properties among buyers looking for both investment opportunities and a lifestyle change. Home values have continued to rise due to limited inventory and increasing interest from buyers both locally and from out of state.

With more people seeking remote work options, Park City has seen an influx of families and professionals looking to enjoy the mountain life, contributing to a competitive market. Short-term rentals are popular in the area, making it an attractive opportunity for investors.

Home Value Estimator For Park City, UT

There are currently 15,772 real estate properties in Park City, UT, with a median automated valuation model (AVM) price of $1,838,214.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Park City, UT, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Park City, UT, is $2,545,557.00, with the most expensive house in Park City, UT, topping out at $57,651,716.00 and the cheapest home in Park City, UT, clocking in at $36,890.00. In other words, there’s something for every potential homebuyer or savvy investor in Park City, UT!

Rent Prices In Park City, UT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Park City, UT, is on a rollercoaster ride. The average rent price in Park City, UT, is $3,308.00. Indeed, when looking to rent in Park City, UT, you can expect to pay as little as $920.00 or as much as $5,500.00, with the average rent median estimated to be $3,420.00. The good news is that finding an affordable and desirable property to rent in Park City, UT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Park City, UT Foreclosures

Market Trend for Park City, UT

Total Listings Available: 31

Market Values:

Home Prices from $36,890 to $57,651,716

Average Sales Price: $2,545,557

Rental Values:

Rental from $920 to $5,500

Average Rent Value: $3,308 / month

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