Park City, UT — Momentum Score, Home Values & Best-For

All states·Utah·Park City

Summit County · Heber · population 8,292

InvestorsRenter-friendlySmall-town feel

Overview Cost of living Moving guide

View watchlist →

Stable

Momentum score · 0–100

Where Park City stands

Averaging 7.5% annual growth over 5 years.

Median home $1,582,311

1-year +3.4%

5-yr CAGR +7.5%

vs 5-yr peak -4.5%

Population -0.3%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly

Lifestyle scores

🚶

Walkability

25/100

Very car-dependent

Estimated from population density. Higher = denser, more amenities within walking distance.

🚉

Public transit

10/100

Transit limited

Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.

💻

Remote work fit

45/100

Marginal for remote

Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)

How the momentum score breaks down

methodology →

Home YoY

67 · w22%

Home 5-yr CAGR

77 · w22%

Distance from peak

63 · w18%

Population growth

40 · w16%

Rent YoY

20 · w12%

Home 10-yr CAGR

83 · w10%

Long thesis

Park City has averaged 7.5% annual appreciation over five years and the trend is still live (+3.4% in the last 12 months). When a momentum trade keeps working, the simplest explanation is usually correct: more people want in.

Short thesis

Park City's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Park City

Park City is a city in Summit County, Utah, with an estimated population of 8,292. It anchors the Heber metro area. The median home value in Park City is $1,582,311 as of 2026-04, up 3.4% over the last 12 months. Over the last five years, home values have averaged +7.5% annual growth (-4.5% from the 5-year peak). The composite momentum score is 60 of 100 (Stable). Conditions are neither hot nor cold, so the local fit matters more than market timing.

▲ Bull case

●Healthy 5-year run: +7.5% annualized over 5 years, outpacing US inflation.

●Quiet strength: +3.4% over the trailing year — not a melt-up, but the market is bid.

▼ Bear case

●Flat or shrinking population: -0.3% per year. Housing demand has to come from somewhere — verify the source.

●Premium territory: $1,582,311 median home is a high bar to clear — affordability constrains the buyer pool.

○Thin housing market: small population means fewer transactions and slower resale. Liquidity risk on exit.

Playbook

Buyer

Lifestyle fit matters more than market timing in a Stable market. Take your time on the home and neighborhood; the macro trend isn't urgent. Negotiate normally.

Seller

Price competitively from day one or risk a 60+ day listing. Staging, photography, and presentation matter more in Stable markets than in Hot ones.

Investor

Stable cap rates, no big appreciation story to lean on. Underwrite this as a pure cash-flow play — the math has to work on rent alone.

Local safety & alerts

No active National Weather Service alerts for Summit County right now.

NWS active alerts (UT)Utah Emergency Management How to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. Summit County routes NWS alerts; check the state EM portal for non-weather emergencies.

Neighborhoods of Park City

9 tracked · ranked by median home value

1Upper Deer Valley$4,807,757+10.0%

2Thaynes$3,802,173+5.9%

3Lower Deer Valley$2,888,619+14.2%

4Park Meadows$2,668,345+5.9%

5Masonic Hill$2,444,597+10.0%

6Old Town$1,733,081+0.0%

7Spiro$1,310,043+1.7%

8Prospector$681,870+5.4%

9Bonanza Park$589,453+1.2%

Cities like Park City

Midway, UT68 · Rising Richfield, UT74 · Rising Fruit Heights, UT67 · Rising Price, UT75 · Rising

Run the numbers for Park City

ToolCan I afford Park City?Income → city shortlist ToolROI on a Park City rentalCap rate, cash-on-cash, DSCR ToolCompare Park City to anywhereSide-by-side up to 3 cities ToolPark City cost-of-livingEquivalent income elsewhere

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)

36° / 20°

avg high / low

Summer (Jul)

92° / 64°

avg high / low

Sunny days/yr

226

~62% of year

Annual precip

12″ rain

53″ snow

Disaster risk (1=very low, 5=very high)

Hurricane

Very low

Tornado

Very low

Wildfire

High

Earthquake

Moderate

Flood

Low

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Park City listings on the major real-estate sites.

For rent

Zillow rentals → Apartments.com → Trulia rentals →

For sale

Zillow for sale → Realtor.com →

Links open the live search on the destination site — results are always current.

Local sports teams

Major professional teams the Heber area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

NBAUtah Jazz →

NHLUtah Mammoth →

Local economy & environment

Humidity

51%

Dry climate

Median household income

$89,100

Utah state median

Top industries (state-level)

Tech (SL Valley)HealthcareTourism

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.