Park City, UT

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

2809 / 6652

Reliable / Active

Cap Rate

3%

Middle-Earners Gross Yield

Revenue

$41,966

Middle-Earners Revenue

Occupancy

47%

Middle-Earners Occupancy

Home Value

$1,565,742

Median Home Sale Price

Top Earners

$121,754

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, Utah, is a picturesque mountain town renowned for its outdoor recreational opportunities and vibrant cultural scene. With a population of approximately 8,500 residents, Park City is situated about 32 miles east of Salt Lake City, the closest major city.

A key appeal for short-term rentals in Park City is its proximity to world-class skiing and snowboarding. The city is home to two major ski resorts: Park City Mountain and Deer Valley Resort. Park City Mountain is one of the largest ski areas in the United States, boasting over 7,300 acres of terrain (official site: Park City Mountain), while Deer Valley Resort is renowned for its luxurious amenities and immaculate grooming (official site: Deer Valley).

Park City's historic Main Street is another significant draw, featuring an array of shops, restaurants, and galleries housed in preserved 19th-century buildings. The area also hosts the annual Sundance Film Festival, which brings a significant influx of tourists and celebrities to the city each January (official site: Sundance Film Festival).

In addition to winter sports, the city is an attractive destination year-round with numerous hiking, mountain biking, and golf opportunities. The Utah Olympic Park, constructed for the 2002 Winter Olympics, offers visitors a chance to experience bobsledding, zip-lining, and guided tours of the historic facility (official site: Utah Olympic Park).

Given its robust tourism industry, Park City has a thriving market for short-term rentals, making it an appealing option for property investors and vacationers alike.

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