HOA'S ARE EVERYWHERE

81% of Homes In Park City Have HOA's

HOA'S Are Everywhere in the Wasatch Back  and They’re Getting More Expensive.

In January, Realtor.com released a national study on the growth of homeowners associations.
The data is interesting.
But what really matters is how our market here in the Wasatch Back compares.

Because spoiler alert… we are not average.

Let’s look at the numbers.

• 43.6% of homes for sale nationally have an HOA

• 58.2% of homes in Utah have an HOA

• 81% of homes in the Greater Park City area have an HOA

That is not a small difference.
That is a structural feature of our market.

And the cost side tells an even clearer story.

• Median HOA fee nationally: $135/month

• Median HOA fee in Greater Park City: $576/month

Now here’s where it gets really interesting.

Nationally:

• Condos and townhomes are far more likely to have HOAs than single-family homes

In the Wasatch Back:

• The split is almost even

• 60% of single-family homes coming to market in 2025 had HOAs

• 40% of condos had HOAs

That flips the national pattern on its head.

And while condos represent a smaller share of HOA properties here, they carry significantly higher monthly costs.

• Average condo HOA: $845/month

• Average single-family HOA: $283/month

What this means in plain English

HOAs are not an exception in our market.
They are the norm.

They fund snow removal, private roads, amenities, exterior maintenance, insurance layers, and in many cases, lifestyle infrastructure that keeps these communities running smoothly in a mountain environment.

But they also materially impact affordability, resale value, and buyer decision-making.

I see this every day with clients.
 

Bottom line

If you’re buying, the HOA is not just a line item. It’s part of the total cost of ownership.
If you’re selling, buyers are absolutely factoring it into their offer strategy.

Ignoring that reality is like pricing a house without looking at the competition.
Technically possible. Financially painful.

If you want help analyzing HOA costs, reserves, and long-term implications before you buy or list, that’s a conversation worth having.