Is Park City a buyer's or seller's market right now?

Park City is currently a seller's market with 1 months of supply. 33.3% of homes sell above asking price, and 50% go pending within two weeks. The Ridley Sell Score for Park City is 64/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Park City?

The median home price in Park City is $359,000, up 35.5% year-over-year. The median price per square foot is $224. Homes sell in a median of 43 days with a sale-to-list ratio of 100.2%.

How much does it cost to sell a home in Park City, Illinois?

On a $359,000 home in Park City, a traditional listing agent charges around $10,770 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $28,720 or more. With Ridley Essentials ($999) you save $9,771, and with Ridley Pro ($3,499) you save $7,271 while getting full agent support.

How does Ridley's flat fee compare to a traditional Park City agent?

A traditional Park City listing agent typically charges 3% of the sale price — about $10,770 on a $359,000 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $9,771–$7,271 compared to a traditional agent.

How long does it take to sell a home in Park City?

The median home in Park City currently spends 43 days on the market before going under contract, down 18% from last year. 50% of homes go pending within two weeks. At a 100.2% sale-to-list ratio, sellers are getting very close to or above asking price.

Do I need a real estate agent to sell in Illinois?

No. Illinois does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $359,000 home, that could save you up to $7,271.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Illinois. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $10,770 commission.

National/Illinois

Park City, IL

Is Now a Good Time to Sell in Park City, Illinois?

The median home in Park City sells for $359,000 with prices up 35.5% year-over-year. The average seller pays $10,770 in commissions — Ridley’s flat fee saves you $7,271.

Park City Real Estate Market Conditions — April 2026

64out of 100

Ridley Sell Score

How it's scored →

Moderate

64/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Park City market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Don't count on bidding wars — price to attract offers rather than leave room for negotiation. Sellers who prepare well can still achieve strong results.

Inventory TightnessFavors sellers

1 months of supply — well below the 5-month balanced threshold — 57% below the Illinois average of 2.3.

Price MomentumFavors sellers

Prices up 35.5% year-over-year — vs. +11.7% statewide.

Seller LeverageFavors sellers

Homes selling at 100.2% of asking — sellers are getting 0.2% above list on average. Illinois average is 96.8%.

Bidding ActivityFavors sellers

33.3% of homes selling above list price — 46% above the Illinois average of 22.8%.

Sale SpeedFavors sellers

43 median days on market — 32 days faster than the Illinois average.

Market UrgencyFavors sellers

50% of listings go pending within 2 weeks — vs. 25.8% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Illinois average is 13.6%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$359,000

+35.5%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

-18%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$224

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

100.2%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Very Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

33.3%

Moderate demand

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

50%

Fast-moving

Data updated April 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Park City — delivered monthly.

Your savings

How much can you save selling your home in Park City?

The average Park City homeowner saves $7,271 by selling with Ridley instead of paying the traditional 3% listing commission on a $359,000 home.

$0Estimated savings

That's 6 months of groceries — save 2.0% of your home value

Your Park City home value

$359,000

$50,000$10M

Traditional Agent (3%)

$10,770

Ridley Pro (flat fee)

$3,499

Ready to sell in Park City?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Park City?

The total cost to sell a house in Park City in 2026 ranges from $999 with Ridley Essentials to approximately $10,770 with a traditional 3% commission on a $359,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$10,770	$3,499	$999	$0
Buyer agent	$10,0522.8% avg	$7,180~2% avg	$7,180~2% avg	$10,0522.8% avg
Closing costs (~1.5%)	$5,385	$5,385	$5,385	$5,385
Total cost	$26,207	$16,064	$13,564	$15,437
Net proceeds	$332,793	$342,936	$345,436	$343,563
You save	—	$10,143	$12,643	$10,770No support