New Listing
28
$425,000
106 W 1200 N
Orem, UT 84057
3 bd2 ba1,980 sqft$215/ft²
House12,632 sqft lot
Porter Rappleye · MS2 & Associates LLC
View photos & details
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Orem, UT Housing Market & Real Estate
Balanced market+10.5% YoY
Housing market overview · Updated monthly ·
$532,450median sale price
How is the Orem, UT housing market right now?
The median home sale price in Orem, UT is $532,450, up 10.5% year-over-year. Homes sell in an average of 41 days with 189 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Orem a buyer's or seller's market?
Balanced market3.9 months of supply41 avg. days on market
Orem, UT is currently a balanced market, based on 3.9 months of supply and homes selling in about 41 days. How we determine this →
Homes sold
48
Last 12 weeks
Days on market
41
Average pace
Active listings
189
3.9 months supply
Sale-to-list
99.3%
Below asking
What does the Orem housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $532,450 |
| Median list price | $525,000 |
| Year-over-year price change | +10.5% |
| Average days on market | 41 days |
| Active inventory | 189 listings |
| Months of supply | 3.9 months |
| Sale-to-list price ratio | 99.3% |
| Median price per sq ft | $235/sq ft |
| Homes sold (latest month) | 48 |
| New listings (latest month) | 99 |
| Listings with a price cut | 34.4% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Orem by property type?
How the Orem, UT market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $566,500 | $235/sq ft | 34 | 38 days |
| Condo / Co-op | $282,000 | $291/sq ft | 2 | 46 days |
| Townhouse | $451,000 | $198/sq ft | 10 | 57 days |
Source: Redfin · Updated monthly
The Orem housing market is currently classified as a balanced market with a median sale price of $532,450. Prices have risen 10.5% compared to last year, with homes spending an average of 41 days on market, indicating 3.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.3x provides context for how home values compare to local earning capacity.
Homes for sale in Orem
There are currently 189 homes listed for sale in Orem, Utah. The median listing price is $525K. Featured listings range from $425,000 to $1,150,000.
New Listing
15
$430,000
220 E 2000 S
Orem, UT 84058
3 bd1 ba1,224 sqft$351/ft²
House6,970 sqft lot
Michelle Holmes · Opendoor Brokerage LLC
View photos & details
New Listing
30
$499,999
1024 N 200 E
Orem, UT 84057
3 bd2 ba1,568 sqft$319/ft²
House9,583 sqft lot
Ruth Cuell · Realtypath LLC (Home and Family)
View photos & details
New Listing
52
$512,000
127 N 1080 E
Orem, UT 84097
3 bd3 ba2,600 sqft$197/ft²
Townhouse436 sqft lot
Michael Heslop · Jupidoor LLC
View photos & details
New Listing
15
$525,000
114 E 500 N
Orem, UT 84057
4 bd2 ba1,560 sqft$337/ft²
Multi-family10,454 sqft lot
Jordan Mcqueen · KW Utah Realtors Keller Williams
View photos & details
New Listing
12
$535,000
140 N 200 E Unit 2
Orem, UT 84057
5 bd3 ba3,451 sqft$155/ft²
Townhouse436 sqft lot
Kenny Parcell · Equity Real Estate (Utah)
View photos & details
New Listing
25
$560,000
152 W 1485 N
Orem, UT 84057
3 bd3 ba2,588 sqft$216/ft²
House10,890 sqft lot
Carlos Nelson-Tobar · Realtypath LLC (Prestige)
View photos & details
New Listing
31
$595,000
1577 N Main St
Orem, UT 84057
6 bd4 ba2,136 sqft$279/ft²
House8,712 sqft lot
Peter Morkel · KW Westfield (Excellence)
View photos & details
New Listing
49
$630,000
450 W Chokecherry Cir
Orem, UT 84058
8 bd4 ba4,121 sqft$153/ft²
House8,276 sqft lot
Lloyd Weffer · Re/Max Lighthouse
View photos & details
New Listing
34
$648,000
171 S 165 W
Orem, UT 84058
6 bd4 ba3,572 sqft$181/ft²
Townhouse7,841 sqft lot
Nora Garcia Christfield · Berkshire Hathaway HomeServices Elite Real Estate
View photos & details
New Listing
49
$929,900
1171 S 100 E
Orem, UT 84058
8 bd4 ba3,324 sqft$280/ft²
House8,712 sqft lot
Jason Wilcock · Real Broker, LLC (Heber City)
View photos & details
New Listing
53
$1,150,000
830 W 1950 S
Orem, UT 84058
6 bd4 ba4,860 sqft$237/ft²
House9,148 sqft lot
Marcus Case · Berkshire Hathaway HomeServices Elite Real Estate
View photos & details
Looking to buy in Orem?
Get connected with a local real estate expert — free, no obligation.
Active listings
189
Homes on market
Median list price
$525K
Avg. days on market
41
Days until sale
New this week
99
Newly listed
Price drops:34.4%of listings
Sale-to-list:99.3%
Who lives in Orem?
Population
97,048
Median income
$81,292/yr
Median age
26.9 years
Owner-occupied
58.2%
College grads
42.5%
Avg commute
20.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Orem?
Zillow home value
$511,940
Zillow rent index
$1,520/mo
Price-to-rent ratio
28.1x
Price-to-income
6.3x
Source: Zillow Research
What is it like to live in Orem?
Orem is a community of approximately 97K residents with a median age of 26.9 years.The median household income is $81,292, which reflects a relatively affluent area with strong earning potential. 42.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 58.2%, showing a blend of owner and renter-occupied properties. The average commute time is 20.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Orem offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve 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
Timpanogos High
Grades 10-12 · 1,455 students
Lakeridge Jr High
Grades 7-9 · 1,360 students
Orem High
Grades 10-12 · 1,299 students
Canyon View Jr High
Grades 7-9 · 1,092 students
Orem Jr High
Grades 7-9 · 892 students
Cascade School
Grades PK-6 · 854 students
Centennial Elementary
Grades PK-6 · 779 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Orem, UT?
Want a head-to-head view? Compare Orem side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Orem?
Is Orem a good real estate investment market?
For investors evaluating Orem, the price-to-rent ratio of 28.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 10.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Orem's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Orem's median home price.
Frequently asked questions
What is the average home price in Orem?
The median home sale price in Orem is $532,450, up 10.5% from last year.
How long do homes stay on market in Orem?
Homes typically spend 41 days on market before going under contract.
What is the median income in Orem?
The median household income is $81,292 per year.
Is Orem a buyer's or seller's market?
With 3.9 months of supply, Orem is currently a balanced market.
How many homes are for sale in Orem?
There are currently 189 homes listed for sale in Orem, UT.
What is the Zillow home value estimate for Orem?
The Zillow Home Value Index (ZHVI) for Orem is $511,940, representing the typical home value in the area.
What is the median condo price in Orem?
The median condo/co-op sale price in Orem, UT is $282,000, compared to $566,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Orem?
The median single-family home price in Orem, UT is $566,500 (about $235 per square foot).
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