Markets/Utah/Provo-Orem

Provo-Orem, UT Real Estate Market 2026

Investor-grade market analytics for Provo-Orem, Utah. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$534,123

+2.5% year-over-year

Est. Rental Yield

3.9%

gross annual

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Provo-Orem Market Summary

Provo-Orem, UT shows steady growth at 2.5% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability is moderately stretched with a price-to-income ratio of 5.52x, above the national average of 4.8x. Modest net positive migration (+1,544 returns/year) provides steady demand support. Climate risk is moderate (40/100) with manageable exposure. Rental yield of 3.91% is below average, suggesting this market is more suited for appreciation-driven strategies.

Affordability

Affordability Score64/100
Price-to-Income Ratio5.5x (national avg 4.8x)
Median Household Income$96,745

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

Climate & Natural Hazard Risk

Provo-Orem, UT's primary climate exposure is wildfire (60/100). The composite climate risk score of 40/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Provo-Orem dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.

Provo-Orem Real Estate Market Data 2026 | Lotlytics | Lotlytics