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Market Report, Utah County
Median sale price, median rent, days on market, inventory and rent-to-price ratio for Provo, with nearby cities for comparison.
$470K
Median Home Price
$1,500/mo
Median Rent
115,000
Population
1.5%
Growth Rate
Avg Days on Market
23 days
Median Household Income
$52K
Owner-Occupied Homes
38%
Gross Rent Yield
3.8%
Rent-to-Income Ratio
35%
Price-to-Income Ratio
9.0x
Elevation
4,550 ft
School District: Provo School District
| City | Price | Rent | Population | Growth | DOM |
|---|---|---|---|---|---|
| Provo | $470K | $1,500 | 115,000 | 1.5% | 23 |
| Orem | $455K | $1,550 | 100,000 | 1.8% | 22 |
| Springville | $445K | $1,500 | 37,000 | 2.5% | 24 |
| Vineyard | $460K | $1,600 | 22,000 | 12.0% | 22 |
| Spanish Fork | $430K | $1,450 | 45,000 | 3.0% | 23 |
| Mapleton | $600K | $1,900 | 12,500 | 2.8% | 32 |
| Lindon | $560K | $1,750 | 12,000 | 2.0% | 28 |
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