Cross-market decision context
Park City Versus Salt Lake City Market Pace, 2026
Park City carried a much higher typical modeled value and sale price, while Salt Lake City moved faster and had more above-list sales. The two markets also differ in housing mix and geography, so the comparison is best used to set diligence questions rather than declare one market stronger.
Geography: CITY: Park City and Salt Lake City; COUNTY context: Summit and Salt Lake Counties, Utah
Period: August 2026, with Zillow values dated August 31 and Redfin three-month measures ending August
53 vs. 36
Median days on market
Park City compared with Salt Lake City
95.9% vs. 98.3%
Sale-to-list ratio
Park City compared with Salt Lake City
4.9% vs. 19.4%
Sold above list
Park City compared with Salt Lake City
The markets differed in both price and pace
Redfin reported a $2,311,283 median sale price in Park City and $638,078 in Salt Lake City for the three months ending August 2026. Park City’s median time on market was 53 days, compared with 36 in Salt Lake City.
Park City closed at 95.9% of list on average and 4.9% sold above list. Salt Lake City closed at 98.3% and 19.4% sold above list. Those figures indicate different broad negotiating environments, but they do not prescribe terms for a specific home.
City-level market indicators reported by Zillow and Redfin
| Measure | Park City | Salt Lake City |
|---|---|---|
| Zillow typical value, Aug. 2026 | $1,607,176 (+5.0% YoY) | $572,003 (+2.4% YoY) |
| Redfin median sale price | $2,311,283 (+5.3% YoY) | $638,078 (+11.4% YoY) |
| Homes sold | 84 (-31.6% YoY) | 540 (+3.6% YoY) |
| Median days on market | 53 (+10 days) | 36 (+6 days) |
| Sale-to-list ratio | 95.9% | 98.3% |
| Sold above list | 4.9% | 19.4% |
| Listings with price drops | 28.9% | 42.7% |
- Measure
- Zillow typical value, Aug. 2026
- Park City
- $1,607,176 (+5.0% YoY)
- Salt Lake City
- $572,003 (+2.4% YoY)
- Measure
- Redfin median sale price
- Park City
- $2,311,283 (+5.3% YoY)
- Salt Lake City
- $638,078 (+11.4% YoY)
- Measure
- Homes sold
- Park City
- 84 (-31.6% YoY)
- Salt Lake City
- 540 (+3.6% YoY)
- Measure
- Median days on market
- Park City
- 53 (+10 days)
- Salt Lake City
- 36 (+6 days)
- Measure
- Sale-to-list ratio
- Park City
- 95.9%
- Salt Lake City
- 98.3%
- Measure
- Sold above list
- Park City
- 4.9%
- Salt Lake City
- 19.4%
- Measure
- Listings with price drops
- Park City
- 28.9%
- Salt Lake City
- 42.7%
Do not collapse different measures into one price
Zillow’s ZHVI is a modeled typical value; Redfin’s median is based on closed sales. Realtor.com’s county median is an asking-price measure. They answer different questions and should not be averaged or substituted for one another.
A useful comparison starts with intended use and recurring routes, then adds the actual property set, comparable sales, current listings, ownership costs, jurisdiction, condition, and contractual obligations.
Methodology
- 1.Joined three independently labeled public series only at their published geography and period: Zillow city ZHVI, Redfin city closed-sale indicators, and Realtor.com county listing context.
- 2.Did not average modeled values, sale prices, and asking prices. Each measure remains separately named.
- 3.Rounded Zillow values and calculated year-over-year change from the underlying city CSV; retained Redfin’s displayed changes.
Limits
- Park City and Salt Lake City have materially different housing mixes, transaction counts, and city boundaries.
- City and county data are not interchangeable. County context in the sources is labeled separately.
- The report is descriptive, not an appraisal, market forecast, or recommendation to buy or sell.
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.
Retrieved: September 29, 2026; page reports three months ending August 2026
City-level all-home-types measures reported from MLS and public records.
Retrieved: September 29, 2026; page reports three months ending August 2026
City-level all-home-types measures reported from MLS and public records.
Retrieved: September 29, 2026; monthly data through August 2026
County-level residential for-sale listing metrics. Realtor.com history is reissued and may be revised. August 2026 rows used here have quality_flag 0.
Companion article