Orem, UT Real Estate & Property Data

Orem Real Estate Market Trends
Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Orem, UT. ATTOM’s Orem real estate data is updated daily, and current market trends show that in Orem, UT a total of 901 residential properties have sold over the past year. With a median home price of $493,757 in Orem and a total of 7 foreclosures. Get detailed property data for Orem, UT instantly. ATTOM is your one-stop-shop for the Orem property reports and real estate data you need in Orem, UT.

Orem Real Estate Market Trends
Total Residential Properties 21,913
Total Commercial Properties 1,509
Avg. Home Age (Single Family Home) 46 Years
Avg. Square Feet (Single Family Home) 1,694
Total 2024 Residential Sales (year-to-date) 125
% of Homes Seriously Underwater (Q2 2024) 1.2%
Total 2023 Residential Sales 841
% of Equity Rich Homes (Q2 2024) 49.2%
Effective 2023 Property Tax 0.37%
Total Foreclosure Filings (year-to-date) 10
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Orem, UT Real Estate Overview

There were 901 residential properties sold in the past year in Orem, UT. The median home value in Orem, UT is $506,571. There are a total of 21,913 residential properties in the Orem.

Median Sales Price i
$493,757
(Feb 2024)
-8.1%
year-over-year
y-o-y
  • February '24 Feb '24 $493,757
  • January '24 Jan '24 $527,469
  • December '23 Dec '23 $455,503
  • November '23 Nov '23 $480,938
  • October '23 Oct '23 $514,656
  • September '23 Sep '23 $553,437
  • August '23 Aug '23 $484,156
  • July '23 Jul '23 $522,843
  • June '23 Jun '23 $519,694
  • May '23 May '23 $505,613
  • April '23 Apr '23 $553,125
  • March '23 Mar '23 $489,414
Number of Homes Sold i
65
(Feb 2024)
-18.8%
year-over-year
y-o-y
  • February '24 Feb '24 65
  • January '24 Jan '24 60
  • December '23 Dec '23 61
  • November '23 Nov '23 51
  • October '23 Oct '23 85
  • September '23 Sep '23 66
  • August '23 Aug '23 72
  • July '23 Jul '23 53
  • June '23 Jun '23 81
  • May '23 May '23 73
  • April '23 Apr '23 68
  • March '23 Mar '23 86
Number of Purchase Loans i
58
(Feb 2024)
-3.3%
year-over-year
y-o-y
  • February '24 Feb '24 58
  • January '24 Jan '24 54
  • December '23 Dec '23 49
  • November '23 Nov '23 39
  • October '23 Oct '23 59
  • September '23 Sep '23 57
  • August '23 Aug '23 59
  • July '23 Jul '23 49
  • June '23 Jun '23 71
  • May '23 May '23 61
  • April '23 Apr '23 53
  • March '23 Mar '23 62
Number of REFI Loans i
32
(Feb 2024)
+23.1%
year-over-year
y-o-y
  • February '24 Feb '24 32
  • January '24 Jan '24 35
  • December '23 Dec '23 36
  • November '23 Nov '23 35
  • October '23 Oct '23 24
  • September '23 Sep '23 36
  • August '23 Aug '23 43
  • July '23 Jul '23 29
  • June '23 Jun '23 34
  • May '23 May '23 28
  • April '23 Apr '23 40
  • March '23 Mar '23 53
Number of HELOC Loans i
38
(Feb 2024)
+5.6%
year-over-year
y-o-y
  • February '24 Feb '24 38
  • January '24 Jan '24 21
  • December '23 Dec '23 32
  • November '23 Nov '23 35
  • October '23 Oct '23 42
  • September '23 Sep '23 52
  • August '23 Aug '23 57
  • July '23 Jul '23 36
  • June '23 Jun '23 45
  • May '23 May '23 52
  • April '23 Apr '23 45
  • March '23 Mar '23 53

Orem, UT Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Orem, UT Foreclosure Activity

There were a total of 7 Orem, UT properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
7
(Feb 2024)
+16.7%
year-over-year
y-o-y
  • February '24 Feb '24 7
  • January '24 Jan '24 3
  • December '23 Dec '23 8
  • November '23 Nov '23 6
  • October '23 Oct '23 6
  • September '23 Sep '23 5
  • August '23 Aug '23 8
  • July '23 Jul '23 2
  • June '23 Jun '23 4
  • May '23 May '23 2
  • April '23 Apr '23 4
  • March '23 Mar '23 4
Foreclosure Starts i
2
(Feb 2024)
-60%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 2
  • December '23 Dec '23 8
  • November '23 Nov '23 5
  • October '23 Oct '23 6
  • September '23 Sep '23 4
  • August '23 Aug '23 6
  • July '23 Jul '23 2
  • June '23 Jun '23 3
  • May '23 May '23 1
  • April '23 Apr '23 4
  • March '23 Mar '23 2
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