$3,088 Closing Credit¹
#1289646, Listing Office: United Real Estate Solutions
Park City Housing Market Report February 2025•Knox County, Tennessee
Housing Prices in Park City, TN
How much do homes in Park City, TN cost?
Housing Market Conditions
Is Park City, TN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Park City is a Buyer's Market
Difference Since January 2025
Last month, Park City has remained a Buyer's Market.
Insight
Park City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$190,000$151/SqFt
-$17,400
-8.4%
Based on all homes sold in February 2025
Insight
Homes in Park City have sold for 8.4% less than they did a month ago.
Summary: The median home sold price in Park City was $190,000 in February 2025, down 8.4% from last month, and the median price per square foot was $151.
Median Sold Price By Neighborhoods
| City | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| Cold Springs | $200K | $360K | +80.0% |
| Pineview Park | $207.4K | $200K | -3.6% |
| Park City | $207.4K | $190K | -8.4% |
Median Sold Price By Bedrooms
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | $148K | N/A |
| 33 Bedrooms | $110K | $195K | +77.3% |
| 44 Bedrooms | $248.7K | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Park City housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +77.3%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Park City, TN
How many homes are available in Park City, TN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 26Last MonthFeb 2025 | ||
| 282 months agoJan 2025 | -7.1 % Change MoMJan – Feb |
Summary: The Park City real estate market had 26 homes for sale in Feb 2025, a 7.1 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthFeb 2025 | ||
| 32 months agoJan 2025 | 0.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 6 | 8 | +33.3% |
| 33 Bedrooms | 15 | 14 | -6.7% |
| 44 Bedrooms | 5 | 2 | -60.0% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Park City housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +33.3%. The inventory for 3 bedroom homes decreased by -6.7%. The inventory for 4 bedroom homes decreased by -60.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Park City, TN cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price3 Homes
Insight
If you're buying a home in Park City, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Park City in February 2025, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Park City, TN
How long does it take to sell a home in Park City, TN?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Many homes in Park City are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 3 homes were sold in Park City; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 32 DaysLast MonthFeb 2025 | ||
| 39 Days1 month agoJan 2025 | -17.1 % Change MoMJan – Feb |
Summary: Homes in Park City had an average listing age of 32 days in Feb 2025, down by 17.1% compared to the previous month.
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Newest Listings in Park City, TN
What homes are available in Park City, TN?
$3,503 Closing Credit¹
#1286807, Listing Office: LPT Realty, LLC
$2,672 Closing Credit¹
#1286618, Listing Office: Realty Executives Associates
$3,919 Closing Credit¹
#1285780, Listing Office: Crye-Leike Realtors South, Inc.
$3,324 Closing Credit¹
#1285458, Listing Office: Elite Realty
$2,838 Closing Credit¹
#1285256, Listing Office: Vose Property Group, Realty Executives
$3,088 Closing Credit¹
#1285161, Listing Office: Realty Executives Hardin Valley
$3,266 Closing Credit¹
#1284948, Listing Office: Keller Williams West Knoxville
$3,739 Closing Credit¹
#1284707, Listing Office: Elite Realty
$3,076 Closing Credit¹
#1281656
$3,052 Closing Credit¹
#1280595, Listing Office: Opendoor Brokerage, LLC
$2,494 Closing Credit¹
#1277105, Listing Office: Realty Executives Associates
Nearby markets
Nearby markets aren't available for Park City, TN
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MLS Disclaimers and Copyright
Based on information from East Tennessee REALTORS® MLS, for the period 01/01/2025 - 03/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms. The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright © 2025 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 11:50:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.