Provo, Utah Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Provo, Utah
6 ZIPs in this city:
84601
84602
84603
84604
84605
84606
Market Hotness
44
Hotness Rank
--
Hotness Score
44
Supply Score
67
Demand Score
21
DOM vs US
-11.0%
Faster
Price vs US
136%
Above avg
Median Listing Price
$607K
Population
115,067
Households
211,066
Median Days on Market
42
Active Listings
224
New Listings
106
Housing Market
Pricing
Median Listing Price
$607K
+2.5% YoY
Average Listing Price
$1.07M
+22.7% YoY
Price per Sq Ft
$277.638
+4.9% YoY
Median Sq Ft
2,341
-5.6% YoY
Inventory
Active Listings
224
+14.3% YoY
New Listings
106
+12.8% YoY
Total Listings
306
-1.0% YoY
Buyer Competition
Pending Listings
86
-22.5% YoY
Pending Ratio
0.38
-33.2% YoY
Median Days on Market
42
-6.6% YoY
Price Reduced
28.5%
-16.0% 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
115,067
+0.3% 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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