Provo, UT 84601 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Provo, UT — 84601
Market Hotness
48
Hotness Rank
#6,843
Hotness Score
48
Supply Score
80
Demand Score
16
DOM vs US
-17.3%
Faster
Price vs US
121%
Above avg
Median Listing Price
$520K
Population
32,330
Households
211,066
Median Days on Market
36
Active Listings
81
New Listings
40
Housing Market
Pricing
Median Listing Price
$520K
+17.4% YoY
Average Listing Price
$528K
+10.4% YoY
Price per Sq Ft
$266
+7.4% YoY
Median Sq Ft
1,861
+4.5% YoY
Inventory
Active Listings
81
+58.8% YoY
New Listings
40
+53.8% YoY
Total Listings
107
+16.9% YoY
Buyer Competition
Pending Listings
28
-31.3% YoY
Pending Ratio
0.34
-44.5% YoY
Median Days on Market
36
-29.9% YoY
Price Reduced
31.7%
+7.3% 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
32,330
-1.6% 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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