If you need assistance, please call 801-369-9529

Orem Market Report

$770,022

AVERAGE PRICE OF 206 HOMES

$2,551,093

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$862,690

AVERAGE PRICE OF 21 NEWLY BUILT HOMES

$3,938,994

AVERAGE PRICE OF 8 HOMES WITH A POOL

$469,348

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $770,022
Avg Bedrooms 3.55 beds
Avg Bathrooms 2.47 baths

Average Price by Bedrooms

2 bedrooms $334,814
3 bedrooms $496,158
4 bedrooms $554,861
5 bedrooms $674,152
Orem Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings n/a 246 259 265 266
Average Price n/a $772,253 $750,573 $711,281 $740,521
Avg Price Change n/a +2.89% +5.52% -4.11% n/a
Median Price n/a $518,641 $513,864 $508,472 $515,000
Med Price Change n/a +0.93% +1.06% -1.28% n/a
Avg Bedrooms n/a 3.75 beds 3.78 beds 3.7 beds 3.82 beds
Avg Bathrooms n/a 2.51 baths 2.51 baths 2.49 baths 2.63 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Mountain View 86 $579,065 88 days
Orem 58 $617,874 68 days
Provo 2 $249,000 39 days
Timpanogos 43 $1,213,492 92 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 206 $770,022 103 days
Multi-Million Dollar Homes 27 $2,551,093 210 days
Newly Built Homes 21 $862,690 132 days
Homes with a Pool 8 $3,938,994 108 days
Reduced Price Homes 8 $469,348 48 days
Sky Realty Company
Greg Bird
1983 North 1120 West
Provo, UT 84604
801-369-9529

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of December 1, 2022. 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.
The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2022 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Conspicuous display of the following: Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
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