The Orem housing market is somewhat competitive. Homes in Orem receive 1 offers on average and sell in around 35 days. The median sale price of a home in Orem was $499K last month, up 4.9% since last year. The median sale price per square foot in Orem is $237, up 5.1% since last year.
In July 2025, Orem home prices were up 4.9% compared to last year, selling for a median price of $499K. On average, homes in Orem sell after 35 days on the market compared to 25 days last year. There were 62 homes sold in July this year, up from 61 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$498,500
+4.9% YoY | Jul 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2025
Growth
% YoY
Orem, UT
$498,500
+4.9%
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 19% higher than the national average. Overall cost of living in Orem is 0% 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 somewhat competitive. Homes sell in 35 days.
0
100
69
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 35 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.
Home offer insights for Orem
Explore recent offers and recently sold homes in Orem
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
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Orem has a minor risk of flooding. 1,048 properties in Orem are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Orem. Flood risk is increasing at the same pace as the national average.
58% of properties are at risk of wildfire over the next 30 years
Fire Factor
Orem has a major risk of wildfire. There are 16,091 properties in Orem that have some risk of being affected by wildfire over the next 30 years. This represents 58% of all properties in Orem.