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Market Report, Utah County
Median sale price, median rent, days on market, inventory and rent-to-price ratio for Orem, with nearby cities for comparison.
$455K
Median Home Price
$1,550/mo
Median Rent
100,000
Population
1.8%
Growth Rate
Avg Days on Market
22 days
Median Household Income
$68K
Owner-Occupied Homes
58%
Gross Rent Yield
4.1%
Rent-to-Income Ratio
27%
Price-to-Income Ratio
6.7x
Elevation
4,650 ft
School District: Alpine School District
| City | Price | Rent | Population | Growth | DOM |
|---|---|---|---|---|---|
| Orem | $455K | $1,550 | 100,000 | 1.8% | 22 |
| Vineyard | $460K | $1,600 | 22,000 | 12.0% | 22 |
| Lindon | $560K | $1,750 | 12,000 | 2.0% | 28 |
| Provo | $470K | $1,500 | 115,000 | 1.5% | 23 |
| Pleasant Grove | $470K | $1,550 | 40,000 | 2.2% | 22 |
| American Fork | $480K | $1,600 | 35,000 | 2.5% | 23 |
| Springville | $445K | $1,500 | 37,000 | 2.5% | 24 |
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