Home Insurance in Park City, Utah
Homes in Park City carry a median value of $1,757,800 - 65% higher than the Summit County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Park City was built around 1989. About 3% of homes were built before 1960, about 2 points below Summit County's 5%.
The housing stock in Park City is 52% single-family homes and 28% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
59% of owner-occupied homes in Park City carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Park City has an owner-occupancy rate of 75% and a vacancy rate of 59%; unoccupied homes typically need a different coverage form.
Most homes in Park City - 90% - are primarily heated with natural gas.
What's the biggest home insurance risk near Park City? FEMA's National Risk Index points to wildfire (Relatively Moderate) in Summit County and Summit County had 273 active NFIP flood policies as of September 2026. See the full Summit County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Utah carries a statewide average premium of $1,107 per year.
Key figures
| Median home value | $1,757,800 |
|---|---|
| Median year built | 1989 |
| Owner-occupied share | 75% |
| Share of owner-occupied homes with a mortgage | 59% |
| Top county hazard | Wildfire (Relatively Moderate) |
| Active NFIP policies in Summit County | 273 |
| Home insurance premium | $1,107 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)