Orem, UT—84057
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$478,000
3.2% YoY Growth
Household Income
$80,200
41.5% YoY Growth
Days on Market
40
3.0% Shorter YoY
Home Price Forecast
-0.8%
Median Rent
$1,440
1.2% YoY Growth
1-Bed Rent
$650
4.9% YoY Growth
2-Bed Rent
$1,340
2.3% YoY Growth
3-Bed Rent
$1,600
6.9% YoY Growth
Home Price Trends — Orem, UT
As of May '26, the median home price in Orem, UT is $478,000, with a year-over-year change of 3.2%. This indicates that home prices in Orem, UT are increasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $478,000 | 3.2% |
| Single Family | $502,000 | 3.1% |
| Condos | $289,000 | -2.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |