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Foreclosure Auction 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 $2,474,635.
In Park City, UT, how many homes are available?
There are currently 1 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 $3,074.
What is the most expensive home in Park City?
The most expensive home sold in Park City had a price of $54,382,852.
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, UT is an upscale mountain town renowned for its exceptional skiing, vibrant arts scene, and outdoor recreational activities. With a charming downtown filled with shops and restaurants, it offers a unique lifestyle that balances adventure and leisure. The city is not just a winter wonderland; it's a year-round destination for families and outdoor enthusiasts alike.

Current Market Conditions in Park City, UT

The Park City real estate market continues to thrive with strong demand from buyers attracted to its lifestyle and natural beauty. Current trends indicate a competitive market with high interest in single-family homes and townhouses, leading to a rise in home prices. Experts predict this trend will continue as more people seek homes in desirable locations away from urban centers.

There is an ongoing increase in luxury real estate sales, driven by buyers looking for second homes or vacation properties. The inventory remains low, which can make it challenging for buyers, especially first-time homebuyers, to find affordable options within the area.

Home Value Estimator For Park City, UT

There are currently 23,050 real estate properties in Park City, UT, with a median automated valuation model (AVM) price of $1,670,222.00. 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 $2,474,635.00, with the most expensive house in Park City, UT, topping out at $54,382,852.00 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 $3,074.00. Indeed, when looking to rent in Park City, UT, you can expect to pay as little as $790.00 or as much as $5,500.00, with the average rent median estimated to be $3,210.00. 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 Foreclosure Auction Homes


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