Orem, Utah Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Orem, Utah
3 ZIPs in this city:
84057
84058
84097
Market Hotness
36
Hotness Rank
--
Hotness Score
36
Supply Score
62
Demand Score
11
DOM vs US
-8.3%
Faster
Price vs US
135%
Above avg
Median Listing Price
$563K
Population
94,197
Households
211,066
Median Days on Market
45
Active Listings
165
New Listings
74
Housing Market
Pricing
Median Listing Price
$563K
+7.6% YoY
Average Listing Price
$675K
-5.0% YoY
Price per Sq Ft
$235.442
-4.1% YoY
Median Sq Ft
2,571
+10.5% YoY
Inventory
Active Listings
165
+18.7% YoY
New Listings
74
+27.6% YoY
Total Listings
230
+17.9% YoY
Buyer Competition
Pending Listings
65
+12.1% YoY
Pending Ratio
0.39
-4.7% YoY
Median Days on Market
45
-8.4% YoY
Price Reduced
31.2%
+5.7% YoY
FY2026 Fair Market Rent — Utah County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,257
/month
1 BR
$1,265
/month
2 BR
$1,460
/month
3 BR
$2,031
/month
4 BR
$2,449
/month
FMR Trends — Utah County
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
25.8
2024
Population
Total Population
94,197
-0.2% YoY
Utah County Population
747,234
+3.0% YoY
Households
Total Housing Units
211,066
+3.8% YoY
Age
2024 Age Mix
705K
residents
Under 18
222,988
31.6%
Adults 18–64
426,726
60.5%
65 & Over
55,686
7.9%
Age Composition Over Time
2017–2024
Population Under 18
222,988
+1.4% YoY
Population 65 & Over
55,686
+4.6% YoY
Median Age
25.80
+1.2% YoY
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