Provo, UT Housing Market
The Provo housing market is somewhat competitive. Homes in Provo receive 2 offers on average and sell in around 40 days. The median sale price of a home in Provo was $437K last month, up 5.4% since last year. The median sale price per square foot in Provo is $238, down 2.3% since last year.
Provo Housing Market Trends
In March 2024, Provo home prices were up 5.4% compared to last year, selling for a median price of $437K. On average, homes in Provo sell after 40 days on the market compared to 31 days last year. There were 46 homes sold in March this year, down from 77 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Provo housing market?
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 1% below list price and go pending in around 38 days.
- Hot homescan sell for about 1% above list price and go pending in around 9 days.
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 1% below list price and go pending in around 41 days.
- Hot homescan sell for about 1% above list price and go pending in around 11 days.
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 27 days.
- Hot homescan sell for around list price and go pending in around 7 days.
Provo Migration & Relocation Trends
- Across the nation, 0.54% of homebuyers searched to move into Provo from outside metros.
- Los Angeles homebuyers searched to move into Provo more than any other metro followed by San Francisco and Seattle.
- 70% of Provo homebuyers searched to stay within the Provo metropolitan area.
- St. George was the most popular destination among Provo homebuyers followed by Logan and Las Vegas.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 700 | ||
2 | 388 | ||
3 | 177 | ||
4 | 163 | ||
5 | 156 | ||
6 | 144 | ||
7 | 114 | ||
8 | 111 | ||
9 | 39 | ||
10 | 21 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 601 | ||
2 | 127 | ||
3 | 113 | ||
4 | 109 | ||
5 | 63 | ||
6 | 60 | ||
7 | 58 | ||
8 | 58 | ||
9 | 51 | ||
10 | 45 |
Home offer insights for Provo
Recent offers
- Offer Not Accepted|8 Weeks Ago~$425K OfferSold for $425K3 bd | 1.75 ba | ~1,750 sqftOver List Price2%Days on Market—Competing Offers3Down Payment~20%
- Offer Not Accepted|9 Weeks Ago— OfferSold for $700K9 bd | 3 ba | ~3,500 sqftUnder List Price100%Days on Market—Competing Offers0Down Payment—
View houses in Provo that sold recently
Recently sold homes
- -- Last List Price2 beds2 baths1,362 sq ft629 W 100 S, Provo, UT 84601Joel Carson • Utah Real Estate PCDays on Market—629 W 100 S, Provo, UT 84601
- -- Last List Price3 beds1 bath1,374 sq ft486 S 600 E, Provo, UT 84606Sharida Tucker • Real Broker, LLCDays on Market—486 S 600 E, Provo, UT 84606
- -- Last List Price5 beds3.5 baths4,609 sq ft474 W 4630 N, Provo, UT 84604Teressa Miller • Fathom Realty (St George)Days on Market—474 W 4630 N, Provo, UT 84604
- -- Last List Price4 beds2.5 baths2,375 sq ft112 N 2200 W, Provo, UT 84601Lewis Barton • Lakeview Realty IncDays on Market—112 N 2200 W, Provo, UT 84601
- -- Last List Price3 beds2 baths1,168 sq ft945 S 200 W #19, Provo, UT 84601Carolyn Hardman • Equity Real Estate (Results)Days on Market—945 S 200 W #19, Provo, UT 84601
- -- Last List Price3 beds2.5 baths1,555 sq ft604 W 1870 S #1092, Provo, UT 84601Rich Nelson • D.R. Horton, IncDays on Market—604 W 1870 S #1092, Provo, UT 84601
- -- Last List Price3 beds2.5 baths1,661 sq ft1089 W 1970 S, Orem, UT 84058Tema Laussen • Realtypath LLC (Home and Family)Days on Market—1089 W 1970 S, Orem, UT 84058
- -- Last List Price5 beds3 baths2,400 sq ft1359 S 1100 W, Provo, UT 84601Matt Evans • Summit Realty, Inc.Days on Market—1359 S 1100 W, Provo, UT 84601
See all recently sold homes in Provo.
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Schools in Provo
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Edgemont School Public • K-6 | 666 Students | 3 reviews |
8/10 Orchard School Public • PreK-6 | 784 Students | 1 reviews |
8/10 Scera Park School Public • PreK-6 | 411 Students | 4 reviews |
8/10 Rock Canyon School Public • K-6 | 583 Students | 5 reviews |
8/10 Orem School Public • PreK-6 | 763 Students | 3 reviews |
Climate's impact on Provo housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Provo.
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Heat Factor - Moderate
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Transportation in Provo
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