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Orem, Utah

Realtor Aug 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Demand is unremarkable. Hotness 32/100, supply score 56, homes go under contract 5.5% faster than the US median, at 132% of US prices. See the sale evidence ↓
Tenant economics are strong. Median household income $82K, +1.8% YoY (ZIP); renters hold 43.1% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is +7.6% YoY. inventory, +6.9% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: median listing $540,919 (Realtor). The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

3 ZIPs in this city:84057 84058 84097

Market Hotness

32 / 100Realtor.com competitiveness composite

national · lower = hotter

0–100 · supply + demand

higher = tighter supply

higher = stronger demand

−5.5%

homes sell faster here

132%

of national median · above avg

Median Listing Price

$541K

Population

94,197

30,469

Median Days on Market

Active Listings

175

New Listings

Housing Market

The median listing price is up 7.6% YoY while the median home got up 8.0% bigger, so value per square foot is down 2.4%.

Pricing

Median Listing Price

$541K+7.6% YoY

Average Listing Price

$688K+13.8% YoY

Price per Sq Ft

$238.394-2.4% YoY

Median Sq Ft

2,473+8.0% YoY

Inventory

Active Listings

175+9.4% YoY

New Listings

80+17.6% YoY

Total Listings

231+6.9% YoY

Buyer Competition

Pending Listings

56+1.8% YoY

Pending Ratio

0.32-6.9% YoY

Median Days on Market

53+8.1% YoY

Price Reduced

35.4%+6.6% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 211,066

211Kunits

Occupied203,01896.2%

Vacant8,0483.8%

2024 Tenure ⓘ

U.S. Census ACS · n = 203,018

203Koccupied

Owner138,62968.3%

Renter64,38931.7%

Renter Share

31.7%-0.5% YoY

Total Housing Units

211,066+3.8% YoY

FY2026 Fair Market Rent

CountyUtah County · HUD 40th-percentile estimate, 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

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 43.1% of this ZIP's 30,469 occupied households, on a median household income of $82K.

Population & Age

Total Population

94,197-0.2% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 94,197

94Kresidents

Under 1824,42225.9%

Adults 18–6459,76963.5%

65 & Over10,00610.6%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

27.35+0.1% YoY

Population Under 18

24,422-3.2% YoY

Population 65 & Over

10,006+4.8% YoY

Households & Mobility

Total Households

30,469+2.2% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

3.02-2.2% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house80.4%

Moved (within US)18.5%

Other1.0%

Veterans

3.2%+1.6% YoY

Income & Poverty

Median Household Income

$82K+1.8% YoY

Per-Capita Income

$36K+7.3% YoY

Mean Household Income

$109K+5.0% YoY

Below Poverty Level

10.6%+2.9% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone66.3%

Public transit2.3%

Worked from home16.6%

Other14.8%

Worked From Home

16.6%+7.8% YoY

Mean Commute

20.33-0.1% YoY

Units & Tenure

Total Housing Units

31,971+2.4% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 31,971

32Kunits

Occupied30,46995.3%

Vacant1,5024.7%

2024 Tenure ⓘ

U.S. Census ACS · n = 30,469

30Khouseholds

Owner17,33556.9%

Renter13,13443.1%

Avg Household Size — Owner

3.34-1.2% YoY

Avg Household Size — Renter

2.59-3.9% YoY

County Demographics

County population is up 3.2% to 705,400: residents under 18 are up 1.4% and those 65 and over are up 4.6%.

Median Age

25.82024

Population

Utah County Population

747,234+3.0% YoY

Households

Total Households

203,018+3.8% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

3.39-0.6% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 705,400

705Kresidents

Under 18222,98831.6%

Adults 18–64426,72660.5%

65 & Over55,6867.9%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

222,988+1.4% YoY

Population 65 & Over

55,686+4.6% YoY

Median Age

25.80+1.2% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house82.8%

Moved (within US)16.4%

Other0.8%

Veterans

3.0%-6.3% YoY

County Economy

County median household income is $101K, 8.7% of residents are below the poverty level, 19.0% work from home.

Income

Median Household Income

$101K+3.9% YoY

Per-Capita Income

$37K+5.7% YoY

Mean Household Income

$128K+5.0% YoY

Poverty

Below Poverty Level

8.7%0.0% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone65.3%

Public transit1.7%

Worked from home19.0%

Other14.0%

Worked From Home

19.0%+10.5% YoY

Mean Commute

22.60+2.7% YoY

Done with Orem? Put it next to another market.

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Orem, Utah

Realtor Aug 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Demand is unremarkable. Hotness 32/100, supply score 56, homes go under contract 5.5% faster than the US median, at 132% of US prices. See the sale evidence ↓
Tenant economics are strong. Median household income $82K, +1.8% YoY (ZIP); renters hold 43.1% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is +7.6% YoY. inventory, +6.9% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

3 ZIPs in this city:84057 84058 84097

Market Hotness

32 / 100Realtor.com competitiveness composite

national · lower = hotter

0–100 · supply + demand

higher = tighter supply

higher = stronger demand

−5.5%

homes sell faster here

132%

of national median · above avg

Median Listing Price

$541K

Population

94,197

30,469

Median Days on Market

Active Listings

175

New Listings

Housing Market

The median listing price is up 7.6% YoY while the median home got up 8.0% bigger, so value per square foot is down 2.4%.

Pricing

Median Listing Price

$541K+7.6% YoY

Average Listing Price

$688K+13.8% YoY

Price per Sq Ft

$238.394-2.4% YoY

Median Sq Ft

2,473+8.0% YoY

Inventory

Active Listings

175+9.4% YoY

New Listings

80+17.6% YoY

Total Listings

231+6.9% YoY

Buyer Competition

Pending Listings

56+1.8% YoY

Pending Ratio

0.32-6.9% YoY

Median Days on Market

53+8.1% YoY

Price Reduced

35.4%+6.6% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 211,066

211Kunits

Occupied203,01896.2%

Vacant8,0483.8%

2024 Tenure ⓘ

U.S. Census ACS · n = 203,018

203Koccupied

Owner138,62968.3%

Renter64,38931.7%

Renter Share

31.7%-0.5% YoY

Total Housing Units

211,066+3.8% YoY

FY2026 Fair Market Rent

CountyUtah County · HUD 40th-percentile estimate, 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

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 43.1% of this ZIP's 30,469 occupied households, on a median household income of $82K.

Population & Age

Total Population

94,197-0.2% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 94,197

94Kresidents

Under 1824,42225.9%

Adults 18–6459,76963.5%

65 & Over10,00610.6%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

27.35+0.1% YoY

Population Under 18

24,422-3.2% YoY

Population 65 & Over

10,006+4.8% YoY

Households & Mobility

Total Households

30,469+2.2% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

3.02-2.2% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house80.4%

Moved (within US)18.5%

Other1.0%

Veterans

3.2%+1.6% YoY

Income & Poverty

Median Household Income

$82K+1.8% YoY

Per-Capita Income

$36K+7.3% YoY

Mean Household Income

$109K+5.0% YoY

Below Poverty Level

10.6%+2.9% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone66.3%

Public transit2.3%

Worked from home16.6%

Other14.8%

Worked From Home

16.6%+7.8% YoY

Mean Commute

20.33-0.1% YoY

Units & Tenure

Total Housing Units

31,971+2.4% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 31,971

32Kunits

Occupied30,46995.3%

Vacant1,5024.7%

2024 Tenure ⓘ

U.S. Census ACS · n = 30,469

30Khouseholds

Owner17,33556.9%

Renter13,13443.1%

Avg Household Size — Owner

3.34-1.2% YoY

Avg Household Size — Renter

2.59-3.9% YoY

County Demographics

County population is up 3.2% to 705,400: residents under 18 are up 1.4% and those 65 and over are up 4.6%.

Median Age

25.82024

Population

Utah County Population

747,234+3.0% YoY

Households

Total Households

203,018+3.8% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

3.39-0.6% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 705,400

705Kresidents

Under 18222,98831.6%

Adults 18–64426,72660.5%

65 & Over55,6867.9%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

222,988+1.4% YoY

Population 65 & Over

55,686+4.6% YoY

Median Age

25.80+1.2% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house82.8%

Moved (within US)16.4%

Other0.8%

Veterans

3.0%-6.3% YoY

County Economy

County median household income is $101K, 8.7% of residents are below the poverty level, 19.0% work from home.

Income

Median Household Income

$101K+3.9% YoY

Per-Capita Income

$37K+5.7% YoY

Mean Household Income

$128K+5.0% YoY

Poverty

Below Poverty Level

8.7%0.0% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone65.3%

Public transit1.7%

Worked from home19.0%

Other14.0%

Worked From Home

19.0%+10.5% YoY

Mean Commute

22.60+2.7% YoY

Done with Orem? Put it next to another market.