Is Park City, UT 84098 a buyer’s or seller’s market?

The Park City housing market right now

In the three months ending August 31, 2026, 9% of homes in Park City, UT 84098 sold above their list price, the typical home went under contract in 48 days and there were 7.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 189 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold about as fast and the median sale price rose 20% to $1,891,681. Overall, Park City is less competitive than a year ago, which gives buyers more room.

Within Summit County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Park City ranks #94 of 110 UT ZIP codes with enough sales (score 22 out of 100).

Nearby, buyers who want less competition could look at Henefer 84033 (0% sold over asking) or Coalville 84017 (0% sold over asking), while Oakley 84055 (20% sold over asking) and Kamas 84036 (16% sold over asking) are even more competitive.