Park City, UT housing market
Typical home value
$1.6M
▲ 5.6% 1 yr
Typical rent
$3,594/mo
▲ 12.2% 1 yr
Gross rent yield
2.7%
U.S. 6.3%
5-year home value change
+29%
U.S. +20%
Key takeaways
- 1The typical home in Park City is worth $1,598,285, up 5.6% over the past year and up 29% over five years.
- 2Typical rent is $3,594 a month (+12.2% YoY), a gross rent yield of 2.7% (below the Heber, UT metro's 3.1%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $8,783/mo, $5,189 more than typical rent.
- 4Zillow forecasts the Heber, UT metro's home values to change +2.8% over the next 12 months.
Market temperature (Heber, UT metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 34/100, #385 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Park City compares
| Measure | Park City | Heber, UT metro | United States |
|---|---|---|---|
| Typical home value | $1,598,285 | $1,143,939 | $366,157 |
| Home value, 1-yr change | +5.6% | +4.1% | +1.2% |
| Typical rent | $3,594 | $2,978 | $1,932 |
| Rent, 1-yr change | +12.2% | +7.3% | +2.7% |
| Gross rent yield | 2.7% | 3.1% | 6.3% |
| Price-to-rent ratio | 37.1 | 32.0 | 15.8 |
| Mortgage P&I, typical home | $8,783 | $6,286 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Park City rental, pre-filled.
Rent vs buy in Park City
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $1.6M home.
Other cities in the Heber, UT metro
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.