Home ValuePros

Market Intelligence · UT / Utah County

Orem, UT home prices and housing market

3 ZIP markets liveData updated September 2026Typical value$485K1-yr changeUp1.6%

The typical home value in Orem, UT is $485K as of September 2026, up 1.6% from a year ago, based on the Zillow Home Value Index. In the typical Orem ZIP code, the median list price is $527K and homes spend a median of 52 days on market as of September 2026 (Realtor.com).

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The coverage

Orem, by the numbers.

Typical home valueZillow ZHVI, September 2026
$485K
1-yr changeMedian across Orem ZIPs
+1.6%
ZIP markets live
3
County
Utah County

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12-month value trend

+1.6% over 12 months

Typical home value in Orem over the last 12 months: $477K in Sep 2025 to $485K in Sep 2026 (+1.6%).

Sep 2025$477K

Sep 2026$485K

Median Zillow home value index across Orem's ZIP codes.

Context

In Orem, the typical home value reached $484,616 as of August 2026, up 2.1% over the past year. The market held 191 homes for sale in September 2026, with 56 new listings that month. The median list price stands at $527,225, and homes are spending a median of 52 days on the market. About 30.7% of listings have seen a price cut. The combination of modest price growth, steady inventory, and moderate time-on-market suggests a balanced market where sellers should be realistic about pricing.

The numbers

What is the housing market like in Orem, UT?

Typical home value

$485K

Up1.6%YoY

Median list price

$527K

Days on market

52

Homes for sale

191

Price cuts

30.7%

New listings

56

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Orem's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Orem, UT home prices over time

Typical home values in Orem, UT are up 1.6% over the past year, from $477K in September 2025 to $485K in September 2026.

Typical home value in Orem, UT, September of each year
MonthTypical value1-yr change
September 2026$485,033+1.6%
September 2025$477,380No prior year

Typical value is the median Zillow Home Value Index across Orem ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Orem, UT a buyer's or seller's market?

Orem, UT leans toward a buyer's market.

A large share of listings have cut their asking price and homes for sale are building up relative to new listings, which gives buyers more room to negotiate.

Based on a median of 52 days on market and 31% of listings with a price cut in the typical Orem ZIP code, and 56 new listings against 191 active listings across Orem, as of September 2026 (Realtor.com).

The outlook

Orem housing market forecast 2027

+1.6%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 3 Orem ZIP codes, points to typical home values rising 1.6% by September 2027.

Over the 12 months through September 2026, typical home values in Orem rose 1.6%, per the Zillow Home Value Index.

Will home prices drop in Orem?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Orem shows typical home values rising 1.6% by September 2027, after a 1.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 3 Orem ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Orem?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

Local pros

Who are the top real estate agents in Orem?

Top real estate agents in Orem, UT

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Common questions

Questions about Orem, UT home prices.

What is the typical home value in Orem?

The typical home value in Orem is $484,616 as of August 2026, representing a 2.1% increase over the past year.

How many homes are for sale in Orem right now?

There are 191 homes for sale in Orem as of September 2026, with 56 new listings added that month.

How long do homes typically stay on the market in Orem?

Homes in Orem spend a median of 52 days on the market. The median list price is $527,225, and about 30.7% of listings have received a price cut.

Are home prices going up or down in Orem, UT?

Typical home values in Orem, UT are up 1.6% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Orem, UT a buyer's or seller's market?

Orem, UT leans toward a buyer's market. A large share of listings have cut their asking price and homes for sale are building up relative to new listings, which gives buyers more room to negotiate. Based on a median of 52 days on market and 31% of listings with a price cut in the typical Orem ZIP code, and 56 new listings against 191 active listings across Orem, as of September 2026 (Realtor.com).

Nearby markets

More Utah housing markets.

The market is moving

Latest housing news

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