Home prices
Park City's median home cost is $1,035,300. It is about $187,580 (22%) higher compared to its surrounding areas.It is approximately $817,800 (376%) higher compared to the rest of the nation, and in comparison to the city of Salt Lake City it is roughly $720,800 (229%) higher.
Rents
The median monthly rent in Park City is $1,495. In comparison to nearby areas it is approximately $31 (2%) higher.It is about $433 (40%) higher compared to the nation as a whole, and in comparison to the city of Salt Lake City it is roughly $510 (51%) higher.
Nearby places
Snyderville
Snyderville is Park City's neighbor to the northwest. Its housing prices are a lot less expensive. The value of the median home in Snyderville is $777,800, which works out to $257,500 (33%) lower than Park City. Rents there are fairly similar. Snyderville's median rent is $1,481 a month, which is very similar to Park City.
Hideout
Hideout is roughly 4 miles east of Park City. The real estate prices there are substantially less expensive. The median home in Hideout is valued at $696,400, which works out to $338,900 (48%) lower than Park City. Rent there is somewhat less expensive. In Hideout the median monthly rent is $1,167, which works out to $328 (28%) lower than Park City.
Silver Summit
Silver Summit is roughly 6 miles north from Park City. The real estate prices there are a bit less expensive. Silver Summit's median home cost is $862,200, which is $173,100 (20%) lower than Park City. Rents there are significantly more expensive. The median rent in Silver Summit is $2,609 a month, which is $1,114 (42%) higher than Park City.
Alta
Alta is about 7 miles southwest of Park City. The real estate prices there are somewhat more expensive. The median home in Alta is valued at $1,196,400, which works out to $161,100 (13%) higher than Park City. The rent there is a lot less expensive. In Alta the median monthly rent is $438, which comes out to $1,057 (241%) lower than Park City.
Summit Park
Summit Park is about 7 miles northwest from Park City. Real estate prices there are substantially less expensive. The median home value in Summit Park is $705,800, which works out to $329,500 (46%) lower than Park City. Rent there is a bit more expensive. Summit Park's median monthly rent is $1,627, which comes out to $132 (8%) higher than Park City.
