Provo, UT 84606 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Provo, UT — 84606
Market Hotness
35
Hotness Rank
#9,455
Hotness Score
35
Supply Score
61
Demand Score
9
DOM vs US
-8.0%
Faster
Price vs US
104%
Above avg
Median Listing Price
$447K
Population
35,690
Households
211,066
Median Days on Market
45
Active Listings
55
New Listings
24
Housing Market
Pricing
Median Listing Price
$447K
+3.0% YoY
Average Listing Price
$486K
-2.6% YoY
Price per Sq Ft
$275
+8.8% YoY
Median Sq Ft
1,691
-13.9% YoY
Inventory
Active Listings
55
+18.5% YoY
New Listings
24
0.0% YoY
Total Listings
77
+10.9% YoY
Buyer Competition
Pending Listings
23
-2.2% YoY
Pending Ratio
0.41
-8.7% YoY
Median Days on Market
45
+20.8% YoY
Price Reduced
35.1%
-11.8% 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
35,690
-0.7% 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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