City-level modeled home values
Park City Home Values in Context, 2019 to 2026
Zillow’s modeled typical home value rose much faster in Park City and Midway than in Salt Lake City from February 2020 to August 2026. The latest year was quieter: Park City increased about 5.0%, Midway 3.7%, and Salt Lake City 2.4%.
Geography: CITY: Park City, Salt Lake City, and Midway, Utah
Period: February 2020 to August 2026, with August 2021 and August 2025 checkpoints
$1.61M
Park City ZHVI
August 2026, up about 5.0% year over year
$939K
Midway ZHVI
August 2026, up about 3.7% year over year
$572K
Salt Lake City ZHVI
August 2026, up about 2.4% year over year
The long-run change was uneven
Park City’s ZHVI moved from about $888,982 in February 2020 to $1,607,176 in August 2026, an increase of about 80.8%. Midway moved from about $538,188 to $939,463, an increase of about 74.6%. Salt Lake City moved from about $396,873 to $572,003, an increase of about 44.1%.
The comparison describes modeled city-level values, not what every home gained. Property type, condition, location, land, renovations, and the timing of an individual purchase still control the property-level analysis.
Zillow Home Value Index checkpoints, rounded to the nearest dollar
| City | Feb. 2020 | Aug. 2021 | Aug. 2025 | Aug. 2026 | 2020 to 2026 |
|---|---|---|---|---|---|
| Park City | $888,982 | $1,237,210 | $1,530,299 | $1,607,176 | +80.8% |
| Midway | $538,188 | $753,999 | $906,375 | $939,463 | +74.6% |
| Salt Lake City | $396,873 | $514,044 | $558,739 | $572,003 | +44.1% |
- City
- Park City
- Feb. 2020
- $888,982
- Aug. 2021
- $1,237,210
- Aug. 2025
- $1,530,299
- Aug. 2026
- $1,607,176
- 2020 to 2026
- +80.8%
- City
- Midway
- Feb. 2020
- $538,188
- Aug. 2021
- $753,999
- Aug. 2025
- $906,375
- Aug. 2026
- $939,463
- 2020 to 2026
- +74.6%
- City
- Salt Lake City
- Feb. 2020
- $396,873
- Aug. 2021
- $514,044
- Aug. 2025
- $558,739
- Aug. 2026
- $572,003
- 2020 to 2026
- +44.1%
The latest year was more measured
From August 2025 to August 2026, the modeled increase was approximately 5.0% in Park City, 3.7% in Midway, and 2.4% in Salt Lake City. This is a useful temperature check, but it is not a forecast and does not establish a value for a particular address.
For a buying or selling decision, pair the long-run series with current comparable closed sales and the property’s condition, rights, carrying costs, and intended use.
Methodology
- 1.Downloaded Zillow’s City ZHVI all-homes, middle-tier, smoothed and seasonally adjusted CSV on September 29, 2026.
- 2.Selected the Park City row in Summit County, the Salt Lake City row in Salt Lake County, and the Midway row in Wasatch County.
- 3.Calculated percentage change as (later value minus earlier value) divided by earlier value. Displayed dollar values are rounded after calculation.
Limits
- ZHVI is a modeled typical value, not a median sale price, appraisal, asking price, or guarantee of what a home would sell for.
- City boundaries and housing mixes differ. Park City, Midway, and Salt Lake City should not be treated as like-for-like property sets.
- The series may be revised by Zillow. This report records the file available on September 29, 2026.
Sources and provenance
Retrieved: September 29, 2026; city file dated through August 31, 2026
Smoothed, seasonally adjusted estimate of the typical value for homes in the 35th to 65th percentile. It is not a median sale price or appraisal.
Companion article