Summit County, UT Home Values & Market Trends

The median home price in Summit County, UT is $1,342,444.99. There were 1,670 home sales in Summit County, UT over the past 12 months. The median residential Summit County, UT home value for transactions over the previous year is $0. The number of current listings in Summit County, UT is 118, and the percentage of properties for sale is 118.00%. The county has 13 foreclosures, 0 bank owned properties, 3 headed for auction, and 118 properties for sale.

Summit County, UT Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Park City

$ 1,639,343

$ 947/sqft

Peoa

$ 488,643

$ 497/sqft

Kamas

$ 1,500,000

$ 649/sqft

Henefer

$ 650,260

$ 237/sqft

Coalville

$ 546,118

$ 936/sqft

Echo

$ --

$ --

Oakley

$ 879,000

$ 432/sqft

Housing Market Summary for Summit County, UT

Apr 2023March 2024Change
Median Listing Price$1.4M$1.3M-6.88%
Median Sold Price$1.3M$1.3M3.70%
Homes For Sale176115-34.66%
Homes Sold8801,14029.55%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Summit County, UT

Summit County, UT home values range from $21,047 to $51,010,000. Kamas is the priciest city with a median listing home price of $1,600,000, and Peoa is most affordable with average house prices of around $460,000.

Foreclosure
There are 7 cities within Summit County, UT; within these cities, the median estimated home value for homes in foreclosure ranges from $2,494,642 in Kamas to the lowest value of $703,826 in Kamas. Foreclosure homes account for 0.00% of properties in Summit County, UT with Park City containing 7 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.03% of all residential properties in Summit County, UT with Park City containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 7 cities within Summit County, UT; of those cities, the estimated home value for pre-foreclosure homes ranges from $3,590,000 in Coalville to the lowest home value of $749,426 in Kamas.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Summit County, UT ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Summit County, UT. There are 7 cities within Summit County, UT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Oakley has 1 auction properties, the highest number of properties going to auction in a single city in the state of Summit County, UT. Auction homes and other auction properties account for 0.01% of all properties in Summit County, UT. There are 7 cities within Summit County, UT; of those cities, the median estimated home value for homes going to auction ranges from $2,494,642 in Oakley to the lowest value of $703,826 in Oakley.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.39% of residential properties in Summit County, UT with Park City containing 96 homes for sale, the highest number of listed properties in a single city. There are 7 cities within Summit County, UT; homes for sale in those cities, have a range of median values from $2,000,000 in Oakley to the lowest value of $151,248 in Park City.
    Sold Homes
    The median value for recently sold homes ranges from $2,796,043 in Henefer to the lowest price of $38,450 in Henefer. There are 7 cities within Summit County, UT. Park City has 864 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.86% of properties in Summit County, UT.

      Compare Nearby Cities

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      Guide for Summit County, UT

      Market Reports
      Salt Lake City’s Real Estate Market Sees Average Property Values Drop in 2023-24
      gavel for real estate auction
      Home Buying Guides & Tips
      Utah Foreclosure Laws
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      Home Buying Financing
      What To Consider Before Renting a RTO Home
      See More Articles
      Salt Lake City’s Real Estate Market Sees Average Property Values Drop in 2023-24
      Market Reports|posted 29 March 2024

      The Salt Lake City real estate market is experiencing significant shifts, as average property values have dropped citywide. However, neighbourhood trends vary, with West Valley City seeing a slight rise in property values, while others like North Salt Lake show a decline. This fluctuation highlights the importance of localized analysis in real estate investment.

      gavel for real estate auction
      Utah Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Utah Foreclosure Laws

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.

      Recently Listed Homes Summit County, UT

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