Park City, UT

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Park City short-term rental market based on reliable data.

Listings

2814 / 6374

Reliable / Active

Cap Rate

3%

Middle-Earners Gross Yield

Revenue

$42,224

Middle-Earners Revenue

Occupancy

47%

Middle-Earners Occupancy

Home Value

$1,584,397

Median Home Sale Price

Top Earners

$122,360

Top-Earners Revenue

Park City

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Park City.

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C

Challenging to Investors

Park City Regulations

STRs are permitted countywide in qualifying zones with a clear nightly‑rental license, reasonable fees and software transition, and only a 3% local transient room tax; however, compliance burdens (24/7 managing agent, property‑management proof, parking/no‑signage/noise rules) plus proposed annual day limits, overlay/tiered licensing, wildfire/ADA/occupancy caps and an ADU ban create strong constraints. Park City’s more restrictive zoning further tightens available areas, and an increasingly assertive enforcement posture (complaints officer, Azora tracking, online listing evidence) pushes investor risk up, making Summit challenging rather than friendly.

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About Park City

Park City sits in the mountains of Summit County, Utah, with a year-round population of roughly eight thousand residents that swells dramatically during peak ski and festival seasons. Once a silver-mining boomtown in the late nineteenth century, it has reinvented itself as one of the most celebrated resort communities in the American West, drawing visitors with two world-class ski areas, a well-preserved historic Main Street, and an enduring connection to independent film. The town lies approximately thirty miles southeast of Salt Lake City, making it a convenient gateway to the Wasatch Range for travelers flying into the Wasatch Front's main airport.

Park City Mountain Resort anchors the town's identity as a winter sports destination, covering several thousand acres of skiable terrain across two interlinked mountains and operating as one of the largest ski resorts in North America. Its slopes also host screenings and events tied to the Sundance Film Festival each January, blending outdoor recreation with a cultural draw that brings celebrities, filmmakers, and curious travelers to town.

Just a short drive north, Deer Valley Resort offers a more refined, skiers-only experience with meticulously groomed runs, upscale lodging, and a reputation for polished service that has earned it decades of top rankings from ski publications. In summer, the same mountain opens to hikers and mountain bikers, with a network of lift-served trails winding through wildflower meadows and aspen groves at elevations above eight thousand feet.

A short drive from downtown, the Utah Olympic Park preserves the legacy of the 2002 Winter Olympics with bobsled, luge, and skeleton tracks that visitors can tour, plus training facilities where aspiring athletes still practice year-round. The venue's soaring ski jumps and a small museum make it a worthwhile stop for families and anyone interested in the region's role in American winter-sports history.

Park City's walkable Main Street, recognized as a National Historic District, remains the social heart of the resort. Restored nineteenth-century mining-era buildings now house independent galleries, family-owned restaurants, and après-ski taverns, and the street hosts the local farmers' market, art walks, and open-air concerts during the warmer months. Nearby Wasatch Mountain State Park and the waters of Jordanelle State Park round out the warmer-season offerings with camping, boating, and lake-side trails within a short drive of town.

The combination of dramatic mountain setting, deep ski heritage, world-class cultural events, and easy access from Salt Lake City makes Park City a year-round base for short-term rentals. Demand peaks in winter, but summer festivals, fall foliage, and shoulder-season escapes keep the calendar active across all four seasons.

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