Is Park City, UT 84068 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Park City is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list89.4%Sold price ÷ list price
Median days on market53Listing to accepted offer
Median price per sq ft$640▼ −7.5% vs. last year

The Park City housing market right now

In the three months ending August 31, 2026, 0% of homes in Park City, UT 84068 sold above their list price, the typical home went under contract in 53 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (77 days then) and the median sale price fell 40% to $737,181. Overall, Park City is more competitive than a year ago, so tougher for buyers.

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Questions about Park City real estate

Is Park City a buyer’s or seller’s market?

A buyer’s market: there were 9.6 months of supply in Park City, UT 84068 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Park City?

The typical home went under contract in 53 days in the latest three months.

Do homes in Park City sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 89.4% of the list price.

What is the median home price in Park City?

The median sale price was $737,181 in the three months ending August 31, 2026, about $640 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology