Provo, UT 84604 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Provo, UT — 84604
Market Hotness
50
Hotness Rank
#6,419
Hotness Score
50
Supply Score
61
Demand Score
39
DOM vs US
-7.8%
Faster
Price vs US
183%
Above avg
Median Listing Price
$787K
Population
44,707
Households
211,066
Median Days on Market
45
Active Listings
88
New Listings
42
Housing Market
Pricing
Median Listing Price
$787K
+6.1% YoY
Average Listing Price
$1.94M
+54.9% YoY
Price per Sq Ft
$290
+4.0% YoY
Median Sq Ft
3,189
+3.5% YoY
Inventory
Active Listings
88
-11.2% YoY
New Listings
42
-4.5% YoY
Total Listings
122
-17.6% YoY
Buyer Competition
Pending Listings
35
-28.1% YoY
Pending Ratio
0.39
-9.3% YoY
Median Days on Market
45
+1.7% YoY
Price Reduced
21.3%
-11.4% 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
44,707
+2.2% 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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