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Market Intelligence · UT / Park City

Park City, UT 84098 Housing Market

The typical home value in Park City, UT 84098 is $1,375,209, up 5.5% over the past year as of September 2026. Sellers are listing at a median of $1,467,500, and homes are taking a median of 90 days to go under contract.

Updated September 2026Median value$1375K

The median home value in Park City, UT 84098 is $1.38M as of September 2026, up 5.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 84098 range

$1.27M to $1.49M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+5.5% over 12 months

Typical home value in 84098 over the last 12 months: $1.3M in Sep 2025 to $1.38M in Sep 2026 (+5.5%).

Sep 2025$1.3M

Sep 2026$1.38M

The numbers

What is the 84098 housing market like?

Typical home value

$1.38M

Up5.5%YoY

Median list price

$1.47M

Down1.8%MoM

Days on market

90

Up26.8%MoM

Homes for sale

397

Down1.7%MoM

Price cuts

13.3%

Up1.9%MoM

New listings

80

Down25.9%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

84098 housing market forecast 2027

+3.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 84098 to rise 3.1% by September 2027.

Over the 12 months through September 2026, typical home values in 84098 rose 5.5%, per the Zillow Home Value Index.

Will home prices drop in 84098?

Zillow's forecast does not call for a drop: it expects typical home values in 84098 to rise 3.1% by September 2027, after a 5.5% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 84098 home prices compare?

  • 84098$1,375,209
  • Park City$1,786,486
  • Utah$497,454
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Park City: 2 ZIPs; Utah: 186 ZIPs; United States: 26,262 ZIPs).

Context

There were 397 homes for sale in 84098 in September 2026, with 80 new listings hitting the market that month. At a median of 90 days on market, buyers have time to compare options and negotiate. Even so, 13.3% of listings have taken a price cut, which suggests some sellers started too high. Values are still climbing, up 5.5% over the past year to a typical $1,375,209. For a seller, the read is simple: price it right from the start, because an ambitious list price tends to sit.

Monthly payment

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20% · $275,042

Common questions

What people ask us.

How much is a home in 84098 worth?

The typical home value in Park City, UT 84098 is $1,375,209 as of September 2026, up 5.5% over the past year.

How long does it take to sell a home in 84098?

Homes in 84098 spent a median of 90 days on the market as of September 2026. With 397 homes for sale, buyers have room to be selective.

Are sellers in 84098 cutting prices?

Yes, 13.3% of listings in 84098 had a price cut as of September 2026. That share indicates some homes are listed above what buyers will pay.

Discover

Nearby ZIP markets.

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Guides for sellers.