Orem, UT 84058 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Orem, UT — 84058
Market Hotness
37
Hotness Rank
#9,020
Hotness Score
37
Supply Score
65
Demand Score
9
DOM vs US
-9.5%
Faster
Price vs US
131%
Above avg
Median Listing Price
$565K
Population
35,099
Households
211,066
Median Days on Market
44
Active Listings
53
New Listings
30
Housing Market
Pricing
Median Listing Price
$565K
+9.7% YoY
Average Listing Price
$653K
+0.5% YoY
Price per Sq Ft
$232
-7.5% YoY
Median Sq Ft
2,545
+22.6% YoY
Inventory
Active Listings
53
+28.1% YoY
New Listings
30
+50.0% YoY
Total Listings
78
+31.1% YoY
Buyer Competition
Pending Listings
26
+40.5% YoY
Pending Ratio
0.50
+4.4% YoY
Median Days on Market
44
-4.4% YoY
Price Reduced
23.6%
+3.3% 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
ZIP Population
35,099
+1.1% 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