Home ValuePros

Market Intelligence · UT / Orem

Orem, UT 84097 Housing Market

The typical home in Orem's 84097 ZIP code is valued at $591,547, up 3.4% over the past year as of September 2026. The median list price is $715,999, and homes spend a median of 59 days on the market.

Updated September 2026Median value$592K

The median home value in Orem, UT 84097 is $592K as of September 2026, up 3.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 84097 range

$544K to $639K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+3.4% over 12 months

Typical home value in 84097 over the last 12 months: $572K in Sep 2025 to $592K in Sep 2026 (+3.4%).

Sep 2025$572K

Sep 2026$592K

The numbers

What is the 84097 housing market like?

Typical home value

$592K

Up3.4%YoY

Median list price

$716K

Up9.3%MoM

Days on market

59

Down6.3%MoM

Homes for sale

47

Up14.6%MoM

Price cuts

27.0%

Down10.0%MoM

New listings

14

Down30.0%MoM

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

The outlook

84097 housing market forecast 2027

+1.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 84097 to rise 1.6% by September 2027.

Over the 12 months through September 2026, typical home values in 84097 rose 3.4%, per the Zillow Home Value Index.

Will home prices drop in 84097?

Zillow's forecast does not call for a drop: it expects typical home values in 84097 to rise 1.6% by September 2027, after a 3.4% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 84097 home prices compare?

  • 84097$591,547
  • Orem$485,033
  • Utah$497,454
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Orem: 3 ZIPs; Utah: 186 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 47 homes for sale in 84097, with 14 new listings coming on during the month. The median list price is $715,999, well above the typical home value of $591,547. That value is up 3.4% over the past year. About 27.0% of listings have taken a price cut, and the median days on market is 59. Sellers should not count on a fast, full-price sale.

Monthly payment

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20% · $118,309

Common questions

What people ask us.

How much is a home in 84097 worth?

The typical home value in 84097 is $591,547 as of September 2026, up 3.4% over the past year.

How long does it take to sell a home in 84097?

Homes spend a median of 59 days on the market as of September 2026.

Are sellers cutting prices in 84097?

As of September 2026, 27.0% of listings in 84097 have a price cut.

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