Kimball Stage Stop · Photo: P. Kent Fairbanks · Public domain40 homes sold in Silver Summit in the last year, at a typical $4.6M
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Silver Summit homes are listed.
Every place Silver Summit homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Silver Summit.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Silver Summit’s sales, at a typical $4.6M
40 homes sold in the year to May 2026.
typical sale · 40 sold in 12 months
- Per square foot
- $739UT $247
- Days to sell
- 73
- Sold over asking
- 2%
- Listings with a price cut
- 18%
About as many homes sell as usual, at 3.1 times the 2016 price
40 sales in the last year, against 66 in 2020 and a low of 25 in 2012. The typical sale went from $1.5M in 2016 to $4.6M.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $2M buys in Silver Summit
Check a listing against what Silver Summit homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Silver Summit are back to pre-pandemic levels, but a quarter fewer homes come up for sale
We read every month of Silver Summit’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 40 sales.
If you’re buying in Silver Summit
- Shop in June. It brings about 11 new listings a month, close to the busiest month, with fewer bidding wars (7% over asking).
- Some room to negotiate. 18% of listings cut their price, about as many as before the pandemic.
- Offer under asking. Buyers paid 94.9% of the list price on average; 2% paid over.
- You’ll usually have time. Only 20% of homes go under contract within two weeks; the typical one takes 73 days.
Summer brings the homes; spring brings the bidding wars
June has the most new listings (about 11 a month), but April is the most competitive: 15% of April sales close over asking. January has the least competition (0%) but only about 2 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Utah
| Silver Summit now | 2017–19 | 2021 peak | UT now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 2% | 4% | 16% | 21% |
| Gone within two weeksShare of homes under contract within 14 days | 20% | 13% | 30% | 27% |
| Listings with a price cutShare of homes for sale that cut their price | 18% | 19% | 24% | 29% |
| Price paid vs. askingAverage sale price ÷ list price | 94.9% | 95% | 97.7% | 98.6% |
| Days to sellMedian days from listing to contract | 73 | 124 | 56 | 54 |
21 homes for sale on a typical day
That’s 2.2 times the 2021 low (9), 26% fewer than in 2017–19 and well under 2015’s 34.
1 in 6 listings has cut its price
18% in the last year, against 19% in 2017–19 and 29% across Utah.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Silver Summit home costs about $25,243 a month
Price: Silver Summit’s typical sale, last 12 months. Property tax at Silver Summit’s 0.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Silver Summit is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. January has the fewest, about 2.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $4.6M home, about $16,920 a year.
Taxes vs. neighborsSchools
The schools grade for Silver Summit, from test results, graduation and how much students grow.
Schools in Silver SummitTypical commute
The average one-way trip to work for people who live in Silver Summit.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
East Basin, Summit Park, Hideout and Emigration Canyon sell for less a square foot; Park City for far more
The busier markets within 25 miles of Silver Summit, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Park City | 451 | $2.6M | $1,101 | 7% | 59 |
| Snyderville | 253 | $1.2M | $760 | 8% | 73 |
| Summit Park | 165 | $1.5M | $478 | 12% | 60 |
| East Basin | 153 | $2.8M | $689 | 20% | 96 |
| Hideout | 134 | $1.8M | $564 | 22% | 83 |
| Silver Summit | 40 | $4.6M | $739 | 2% | 73 |
| Emigration Canyon | 21 | $1.2M | $360 | 5% | 96 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Silver Summit, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Silver Summit. People who follow the town see it, and so do people comparing Silver Summit with their own town. No commission, no listing fee.
Questions about buying a home in Silver Summit
What do homes sell for in Silver Summit, UT?
40 homes sold in the year to May 2026 at a typical $4.6M, $739 a square foot.
Is Silver Summit a buyer’s or seller’s market?
A seller’s market: 14 homes were for sale in May 2026 and 5 sold, about 2.8 months of supply. Buyers paid 94.9% of asking on average, and 18% of listings cut their price.
When is the best time to buy in Silver Summit?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Silver Summit?
About 0.4% of a home’s value a year. On a $4.6M home that’s near $16,920.
Where can I see homes for sale in Silver Summit?
Zillow, Redfin, Realtor.com and Homes.com all carry Silver Summit’s MLS listings; the search links above open each one filtered to Silver Summit.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).