If you need assistance, please call 801-369-9529

Orem Market Report

$710,016

AVERAGE PRICE OF 266 HOMES

$2,692,925

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$898,769

AVERAGE PRICE OF 15 NEWLY BUILT HOMES

$5,266,650

AVERAGE PRICE OF 6 HOMES WITH A POOL

$510,269

AVERAGE PRICE OF 23 REDUCED PRICE HOMES

Average Home

Average Price $710,016
Avg Bedrooms 3.68 beds
Avg Bathrooms 2.48 baths

Average Price by Bedrooms

2 bedrooms $327,534
3 bedrooms $448,504
4 bedrooms $542,988
5 bedrooms $683,161
Orem Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 266 n/a n/a n/a 155
Average Price $740,521 n/a n/a n/a $853,615
Avg Price Change n/a n/a n/a n/a -8.09%
Median Price $515,000 n/a n/a n/a $511,111
Med Price Change n/a n/a n/a n/a -1.46%
Avg Bedrooms 3.82 beds n/a n/a n/a 3.66 beds
Avg Bathrooms 2.63 baths n/a n/a n/a 2.55 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Mountain View 101 $568,419 59 days
Orem 67 $556,330 43 days
Timpanogos 81 $914,433 48 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 266 $710,016 66 days
Multi-Million Dollar Homes 25 $2,692,925 154 days
Newly Built Homes 15 $898,769 140 days
Homes with a Pool 6 $5,266,650 85 days
Reduced Price Homes 23 $510,269 29 days
Sky Realty Company
Greg Bird
1983 North 1120 West
Provo, UT 84604
801-369-9529

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of August 15, 2022. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2022 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Conspicuous display of the following: Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
This site powered by CINC: www.cincpro.com