The Orem housing market is very competitive. The median sale price of a home in Orem was $507K over the last 3 months, up 0.3% since the same period last year. The median sale price per square foot in Orem is $224, down 5.5% since last year.
Over the three months ending July 2026, Orem home prices were up 0.3% compared to the same period last year, selling for a median price of $507K. On average, homes in Orem sell after 36 days on the market compared to 33 days last year. There were 184 homes sold in July this year, up from 176 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$506,746
+0.3% YoY | Jul 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2026
Growth
% YoY
Orem, UT
$506,746
+0.3%
United States
To compare other locations to the Orem and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Orem's median sale price is 31% higher than the national average. Overall cost of living in Orem is 3% lower than the national average. Learn which home features in Orem add value to a home.
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How hot is the Orem housing market?
Orem is very competitive. Homes sell in 37 days.
0
100
70
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 37 days.
Hot homes
can sell for around list price and go pending in around 14 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Orem housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Orem.
Flood Factor - Minor
<1% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Orem has a minor risk of flooding. 16 properties in Orem are likely to be
severely affected
by flooding over the next 30 years. This represents <1% of all properties in Orem. Flood risk is increasing faster than the national average.
53% of properties are at risk of wildfire over the next 30 years
Fire Factor
Orem has a major risk of wildfire. There are 14,678 properties in Orem that have some risk of being affected by wildfire over the next 30 years. This represents 53% of all properties in Orem.