Orem, UT Housing Market & Real Estate

Balanced market-8.0% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Orem, UT is $473,900, down 8.0% year-over-year. Homes sell in an average of 72 days with 126 active listings. The market is currently a balanced market.

$473,900median sale price

Is Orem a buyer's or seller's market?

Balanced market2.9 months of supply72 avg. days on market

Orem, UT is currently a balanced market, based on 2.9 months of supply and homes selling in about 72 days. How we determine this →

Homes sold

43

Last 12 weeks

Days on market

72

Average pace

Active listings

126

2.9 months supply

Sale-to-list

98.4%

Below asking

Orem, UT market data

Current housing market statistics for Orem, UT
MetricValue
Median sale price$473,900
Median list price$552,000
Year-over-year price change-8.0%
Average days on market72 days
Active inventory126 listings
Months of supply2.9 months
Sale-to-list price ratio98.4%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Orem housing market is currently classified as a balanced market with a median sale price of $473,900. Prices have fallen 8.0% compared to last year, with homes spending an average of 72 days on market, indicating 2.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Orem

There are currently 126 homes listed for sale in Orem, Utah. The median listing price is $552K. Featured listings range from $425,000 to $1,150,000.

3 bedroom house for sale at 106 W 1200 N Orem 84057 - $425,000
New listing
28
$425,000

106 W 1200 N

Orem, UT 84057

3 bd2 ba1,980 sqft
House12,632 sqft lot
Est. $529K

Porter Rappleye · MS2 & Associates LLC

More about this property
3 bedroom house for sale at 220 E 2000 S Orem 84058 - $430,000
New listing
15
$430,000

220 E 2000 S

Orem, UT 84058

3 bd1 ba1,224 sqft
House6,970 sqft lot
Est. $458K

Michelle Holmes · Opendoor Brokerage LLC

More about this property
3 bedroom house for sale at 1024 N 200 E Orem 84057 - $499,999
New listing
30
$499,999

1024 N 200 E

Orem, UT 84057

3 bd2 ba1,568 sqft
House9,583 sqft lot
Est. $507K

Ruth Cuell · Realtypath LLC (Home and Family)

More about this property
3 bedroom townhouse for sale at 127 N 1080 E Orem 84097 - $512,000
New listing
52
$512,000

127 N 1080 E

Orem, UT 84097

3 bd3 ba2,600 sqft
Townhouse436 sqft lot

Michael Heslop · Jupidoor LLC

More about this property
4 bedroom multi-family for sale at 114 E 500 N Orem 84057 - $525,000
New listing
15
$525,000

114 E 500 N

Orem, UT 84057

4 bd2 ba1,560 sqft
Multi-family10,454 sqft lot
Est. $509K

Jordan Mcqueen · KW Utah Realtors Keller Williams

More about this property
5 bedroom townhouse for sale at 140 N 200 E Unit 2 Orem 84057 - $535,000
New listing
12
$535,000

140 N 200 E Unit 2

Orem, UT 84057

5 bd3 ba3,451 sqft
Townhouse436 sqft lot
Est. $534K

Kenny Parcell · Equity Real Estate (Utah)

More about this property
3 bedroom house for sale at 152 W 1485 N Orem 84057 - $560,000
New listing
25
$560,000

152 W 1485 N

Orem, UT 84057

3 bd3 ba2,588 sqft
House10,890 sqft lot
Est. $665K

Carlos Nelson-Tobar · Realtypath LLC (Prestige)

More about this property
6 bedroom house for sale at 1577 N Main St Orem 84057 - $595,000
New listing
31
$595,000

1577 N Main St

Orem, UT 84057

6 bd4 ba2,136 sqft
House8,712 sqft lot
Est. $586K

Peter Morkel · KW Westfield (Excellence)

More about this property
8 bedroom house for sale at 450 W Chokecherry Cir Orem 84058 - $630,000
New listing
49
$630,000

450 W Chokecherry Cir

Orem, UT 84058

8 bd4 ba4,121 sqft
House8,276 sqft lot
Est. $646K

Lloyd Weffer · Re/Max Lighthouse

More about this property
6 bedroom townhouse for sale at 171 S 165 W Orem 84058 - $648,000
New listing
34
$648,000

171 S 165 W

Orem, UT 84058

6 bd4 ba3,572 sqft
Townhouse7,841 sqft lot
Est. $571K

Nora Garcia Christfield · Berkshire Hathaway HomeServices Elite Real Estate

More about this property
8 bedroom house for sale at 1171 S 100 E Orem 84058 - $929,900
New listing
49
$929,900

1171 S 100 E

Orem, UT 84058

8 bd4 ba3,324 sqft
House8,712 sqft lot

Jason Wilcock · Real Broker, LLC (Heber City)

More about this property
6 bedroom house for sale at 830 W 1950 S Orem 84058 - $1,150,000
New listing
53
$1,150,000

830 W 1950 S

Orem, UT 84058

6 bd4 ba4,860 sqft
House9,148 sqft lot
Est. $943K

Marcus Case · Berkshire Hathaway HomeServices Elite Real Estate

More about this property

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Active listings

126

Homes on market

Median list price

$552K

Avg. days on market

72

Days until sale

New this week

52

Newly listed

Price drops:23.8%of listings
Sale-to-list:98.4%

Top public schools in Orem

24 schools tracked · 16,636 students

The largest public schools serving Orem, UT by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Mountain View High

Grades 10-12 · 1,541 students

Public

Timpanogos High

Grades 10-12 · 1,455 students

Public

Lakeridge Jr High

Grades 7-9 · 1,360 students

Public

Orem High

Grades 10-12 · 1,299 students

Public

Canyon View Jr High

Grades 7-9 · 1,092 students

Public

Orem Jr High

Grades 7-9 · 892 students

Public

Cascade School

Grades PK-6 · 854 students

Public

Centennial Elementary

Grades PK-6 · 779 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in UT

Frequently asked questions

What is the average home price in Orem?

The median home sale price in Orem is $473,900, down 8.0% from last year.

How long do homes stay on market in Orem?

Homes typically spend 72 days on market before going under contract.

Is Orem a buyer's or seller's market?

With 2.9 months of supply, Orem is currently a balanced market.

How many homes are for sale in Orem?

There are currently 126 homes listed for sale in Orem, UT.

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