If you need assistance, please call 801-810-7650

Orem Market Report

$676,505

AVERAGE PRICE OF 221 HOMES

$400,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,690,972

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$1,120,825

AVERAGE PRICE OF 12 NEWLY BUILT HOMES

$587,899

AVERAGE PRICE OF 16 HOMES WITH A POOL

$621,776

AVERAGE PRICE OF 21 REDUCED PRICE HOMES

Average Home

Average Price $676,505
Avg Bedrooms 3.95 beds
Avg Bathrooms 2.66 baths

Average Price by Bedrooms

1 bedroom $400,000
2 bedrooms $307,192
3 bedrooms $473,818
4 bedrooms $531,920
5 bedrooms $709,850
Orem Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 208 178 168 163 153
Average Price $720,354 $715,151 $739,862 $729,066 $758,485
Avg Price Change +0.73% -3.46% +1.48% -4.04% +3.19%
Median Price $521,877 $515,850 $516,702 $515,720 $501,832
Med Price Change +1.17% -0.17% +0.19% +2.77% +0.70%
Avg Bedrooms 3.93 beds 3.84 beds 3.79 beds 3.83 beds 3.82 beds
Avg Bathrooms 2.68 baths 2.57 baths 2.57 baths 2.59 baths 2.59 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Mountain View 95 $519,643 65 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 221 $676,505 76 days
Distressed Homes 1 $400,000 78 days
Multi-Million Dollar Homes 32 $1,690,972 211 days
Newly Built Homes 12 $1,120,825 244 days
Homes with a Pool 16 $587,899 44 days
Reduced Price Homes 21 $621,776 46 days
UVO Group | Century 21 Everest
6925 S Union Park Ave ST #410
Cottonwood Heights, UT 84047
801-810-7650

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of July 15, 2024. 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 © 2024 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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