Homes Under $300,000 in Park City, Utah
Finding a home under $300,000 in Park City is one of the more challenging searches in Utah real estate — and that's worth saying plainly. Park City's median home price has hovered well above $1 million for several years running, driven by its status as a year-round resort destination, proximity to seven world-class ski resorts, and a constrained land supply hemmed in by the Wasatch Mountains. That said, the sub-$300K segment does exist, and it's almost entirely made up of condominiums and attached units rather than single-family detached homes. Areas like Park City proper, Kimball Junction near the US-40 corridor, and the Snyderville Basin occasionally produce listings in this range, particularly smaller studio or one-bedroom condos in older complexes. These properties appeal to buyers who want a toehold in one of Utah's most desirable zip codes — whether as a primary residence, a long-term rental, or a future short-term rental depending on HOA rules and Summit County zoning.
Because inventory at this price point is thin and turns over quickly, timing matters more here than in most Utah markets. A unit that appears Monday may be under contract by Thursday. It also pays to understand what HOA fees are included — in many Park City condo communities, dues cover water, sewer, trash, snow removal, and exterior insurance, which can offset the sticker price gap versus a lower-cost market. Buyers relocating from the Wasatch Front will find Park City roughly 30 minutes from Salt Lake City International Airport via I-80 — close enough for commuters and convenient for those with frequent travel. Browse the active listings below to see what's currently on the market.
June 2026 · Park City market
Live from the Utah MLS — what's actually happening in Park City right now.
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Common questions
About homes under $300k in Park City.
Can you actually buy a home in Park City for under $300K? ▾
Detached single-family homes under $300K are essentially nonexistent in the 84060 and 84098 ZIPs — Park City's median sits well north of $1.5M. What does occasionally show up at this price is a studio or small one-bedroom condo, often in older complexes near Park City Mountain Resort or Prospector, or a fractional/deeded interval at a hotel-condo property. Inventory is thin and moves fast when it appears.
What kind of properties show up in this price range? ▾
Expect ski-in or near-base studio condos (300–500 sq ft), older Prospector Square units, and quarter-share or 1/4-interest ownership at properties like the Grand Summit or Marriott MountainSide. HOA dues are the big variable — many of these units carry monthly fees of $500–$1,200 because they include utilities, cable, and resort amenities.
Are these condos a good short-term rental investment? ▾
Many of the sub-$300K condos sit in zones that allow nightly rentals, which is part of why they hold value despite small square footage. Prospector and the Resort Center area are the two best-known nightly-rental pockets. Run the numbers carefully — HOA dues, management fees (typically 35–50% of gross), and Summit County's TRT can eat into returns.
Should I look at Heber, Kamas, or Coalville for more house at this price? ▾
Honestly, yes — but even those markets have tightened. Heber and Kamas occasionally show townhomes or older manufactured homes near $300K, and Coalville and Wanship are the most realistic for a detached home under that number. You're trading the Park City address for a 15–30 minute commute back over Jordanelle or up Highway 40.
Can I finance a quarter-share or fractional unit with a regular mortgage? ▾
Usually not with conventional financing. Most lenders treat fractional and quarter-share ownership as a non-warrantable condo or specialty product, so buyers either pay cash or use a portfolio lender. If you're set on this route, line up financing before you write an offer — it changes which properties are actually viable.
How often do listings under $300K hit the Park City MLS? ▾
A handful per month at most, and many are quarter-share intervals rather than full ownership. Set up an instant alert if you're serious — the well-priced studios with strong rental history typically go under contract inside a week, often at or above ask.