New - 8 hours on Rocket
$5,225 Closing Credit¹
#2065540, Braxton Futrell, Listing Office: Canovo Group
Provo-Orem Housing Market Report January 2025•Utah County, Utah
Housing Prices in Provo-Orem, UT
How much do homes in Provo-Orem, UT cost?
Median List Price
$531,250$245/SqFt
+$1,250
0.2%
Based on all homes listed in January 2025
Insight
The list price of homes in Provo-Orem has remained the same since December.
Summary: The median home list price in Provo-Orem was $531,250 in January 2025, up 0.2% from the previous month, and the median price per square foot was $245.
Median List Price By Cities
| City | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Vineyard | $562.4K | $600K | +6.7% |
| Orem | $524.9K | $527.4K | 0.5% |
| Provo-Orem | $530K | $531.2K | 0.2% |
| Provo | $574.7K | $542.4K | -5.6% |
| Springville | $599K | $550K | -8.2% |
Median List Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $4.9M | $2.8M | -42.7% |
| 22 Bedrooms | $299.4K | $300K | 0.2% |
| 33 Bedrooms | $409.9K | $409.9K | 0.0% |
| 44 Bedrooms | $514K | $515K | 0.2% |
| 55+ Bedrooms | $799.9K | $799.9K | 0.0% |
Summary: Provo-Orem housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -42.7%. The home price for 2 bedroom homes increased by 0.2%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes increased by 0.2%. The home price for 5 bedroom homes did not change.
Housing supply in Provo-Orem, UT
How many homes are available in Provo-Orem, UT?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 374Last MonthJan 2025 | ||
| 2672 months agoDec 2024 | +40.1 % Change MoMDec – Jan |
Summary: The Provo-Orem real estate market had 374 homes for sale in Jan 2025, a 40.1 % increase compared to Dec 2024.
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 2 | +100.0% |
| 22 Bedrooms | 26 | 43 | +65.4% |
| 33 Bedrooms | 79 | 106 | +34.2% |
| 44 Bedrooms | 63 | 89 | +41.3% |
| 55+ Bedrooms | 98 | 134 | +36.7% |
Summary: Provo-Orem housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +65.4%. The inventory for 3 bedroom homes increased by +34.2%. The inventory for 4 bedroom homes increased by +41.3%. The inventory for 5 bedroom homes increased by +36.7%.
Days on Market for Provo-Orem, UT
How long does it take to sell a home in Provo-Orem, UT?
Average Listing Age
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 95 DaysLast MonthJan 2025 | ||
| 107 Days1 month agoDec 2024 | -10.6 % Change MoMDec – Jan |
Summary: Homes in Provo-Orem had an average listing age of 95 days in Jan 2025, down by 10.6% compared to the previous month.
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Newest Listings in Provo-Orem, UT
What homes are available in Provo-Orem, UT?
New - 19 hours on Rocket
$10,000 Closing Credit¹
#2065517, Damian Huntsman, Listing Office: Realtypath LLC (Tooele Valley)
New - 1 day on Rocket
#2065440, Jae Lobdell, Listing Office: Century 21 Everest
New - 1 day on Rocket
$7,541 Closing Credit¹
#2065395, Rachel Zinn, Listing Office: RE/MAX Associates
New - 1 day on Rocket
#2065323, Todd L Porter, Listing Office: EXP Realty, LLC
New - 2 days on Rocket
$4,216 Closing Credit¹
#2065114, Nikie Stookey, Listing Office: RANLife Real Estate Inc
New - 2 days on Rocket
$10,000 Closing Credit¹
#2065012, Isabel Gomes, Listing Office: Berkshire Hathaway HomeServices Elite Real Estate
New - 3 days on Rocket
$4,501 Closing Credit¹
#2064974, Cory Moore, Listing Office: Century 21 Everest
New - 3 days on Rocket
$3,836 Closing Credit¹
#2064934, Ian Schwarting, Listing Office: Equity Real Estate (Prosper Group)
New - 3 days on Rocket
#2064891, Cassidy Cabanzo, Listing Office: Equity Real Estate (South Valley)
New - 5 days on Rocket
$10,000 Closing Credit¹
#2064833, Clayton Q Cundy, Listing Office: JC Realty
New - 5 days on Rocket
$3,551 Closing Credit¹
#2064770, Nora Garcia Christfield, Listing Office: Berkshire Hathaway HomeServices Elite Real Estate
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MLS Disclaimers and Copyright
Based on information from UtahRealEstate, for the period 12/01/2024 - 02/01/2025
Based on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2025 UtahRealEstate.com All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 6:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.