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Featured local agent — Summit Park, UT
Sarah Mitchell
Compass Real Estate · Summit Park, UT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Summit Park, UT Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.74Mmedian sale price
How is the Summit Park, UT housing market right now?
The median home sale price in Summit Park, UT is $1.74M, up 16.4% year-over-year. Homes sell in an average of 31 days with 79 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Summit Park a buyer's or seller's market?
Summit Park, UT is currently a leaning buyer's, based on 6.6 months of supply and homes selling in about 31 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
31
Average pace
Active listings
79
6.6 months supply
Sale-to-list
96.9%
Below asking
What does the Summit Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.74M |
| Median list price | $1.59M |
| Year-over-year price change | +16.4% |
| Average days on market | 31 days |
| Active inventory | 79 listings |
| Months of supply | 6.6 months |
| Sale-to-list price ratio | 96.9% |
| Median price per sq ft | $485/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 30 |
| Listings with a price cut | 15.2% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Summit Park by property type?
How the Summit Park, UT market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.82M | $454/sq ft | 10 | 41 days |
| Condo / Co-op | $1.23M | $546/sq ft | 2 | 6 days |
| Townhouse | $930,000 | $438/sq ft | 1 | 9 days |
Source: Redfin · Updated monthly
The Summit Park housing market is currently classified as a leaning buyer's with a median sale price of $1.74M. Prices have risen 16.4% compared to last year, with homes spending an average of 31 days on market, indicating 6.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Summit Park
There are currently 79 homes listed for sale in Summit Park, Utah. The median listing price is $1.6M.
Active listings
79
Homes on market
Median list price
$1.6M
Avg. days on market
31
Days until sale
New this week
30
Newly listed
Who lives in Summit Park?
Population
8,545
Median income
$179,516/yr
Median age
41.4 years
Owner-occupied
83.1%
College grads
72.1%
Avg commute
19.4 min
Source: U.S. Census Bureau ACS
What is it like to live in Summit Park?
Summit Park is a community of approximately 9K residents with a median age of 41.4 years.The median household income is $179,516, which reflects a relatively affluent area with strong earning potential. 72.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 83.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Summit Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Summit Park, UT?
Want a head-to-head view? Compare Summit Park side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Summit Park?
The median home sale price in Summit Park is $1.74M, up 16.4% from last year.
How long do homes stay on market in Summit Park?
Homes typically spend 31 days on market before going under contract.
What is the median income in Summit Park?
The median household income is $179,516 per year.
Is Summit Park a buyer's or seller's market?
With 6.6 months of supply, Summit Park is currently a leaning buyer's.
What is the median condo price in Summit Park?
The median condo/co-op sale price in Summit Park, UT is $1.23M, compared to $1.82M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Summit Park?
The median single-family home price in Summit Park, UT is $1.82M (about $454 per square foot).
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