Park City Real Estate:
Where to Invest Now
From the massive East Village expansion to the historic charm of Old Town, discover which neighborhoods offer the best ROI in 2025.
The 2025 Landscape
Park City has evolved from a seasonal ski town into a year-round economic powerhouse. With a median sold price of $3.2M for luxury properties, the market has bifurcated: inventory is rising for homes under $2M, while premium luxury estates continue to see scarcity-driven appreciation.
Deer Valley: The "East Village" Catalyst
Deer Valley remains the gold standard for exclusivity, but 2025 brings a massive catalyst: the East Village Expansion. Adding over 3,700 acres of skiable terrain, this project transforms the resort into one of North America's largest.
For investors, this means properties in Empire Pass and the new East Village base area are primed for growth. These homes offer ski-in/ski-out access that is becoming increasingly finite as the resort build-out reaches maturity.
View Mountain Homes →💎 Investor Insight
Rental Power: Unlike many resorts, Deer Valley prohibits snowboarders, attracting a specific affluent demographic that consistently pays premiums for short-term rentals during peak holidays.
Old Town: Historic Charm & High Demand
For those seeking character, Old Town is the heartbeat of Park City. With its mining-era architecture and proximity to Main Street’s Michelin-caliber dining, this neighborhood commands the highest price-per-square-foot for non-ski-in properties.
The 2025 Rental Reality: Investors must navigate strict zoning. While demand is insatiable, many streets in Old Town enforce a 30-day minimum rental period. However, properties in the "HR-1" and "HRC" zones still allow nightly rentals, making them the holy grail for cash-flow investors.
⚖️ Zoning Alert
Always verify the "Nightly Rental License" status before buying in Old Town. A historic cottage might look like a perfect Airbnb, but zoning dictates its legality.
Emerging & Establishing Markets
Prospector: The Practical Choice
Often overlooked by tourists, Prospector offers a lower entry price and stable long-term returns. It is the hub for local workforce housing and full-time residents, ensuring near-zero vacancy rates for long-term leases.
Canyons Village: Modern Luxury
With recent additions like the Pendry and extensive village upgrades, Canyons Village has matured into a primary destination. It offers a "resort-within-a-resort" feel that appeals to younger luxury buyers who prioritize ski beach amenities.
Kimball Junction: The Connector
Strategically located at the I-80 entry, Kimball Junction is the commercial engine of Park City. 2025 brings new mixed-use developments and traffic infrastructure plans (Alternative C), signaling long-term commercial and residential appreciation.
Secure Your Park City Legacy
The 2025 market requires local intelligence to navigate zoning, HOAs, and off-market opportunities.
*Header photo courtesy of the Stein Eriksen Realty Group
