The Orem Park housing market is somewhat competitive. The median sale price of a home in Orem Park was $475K last month, down 17.4% since last year. The median sale price per square foot in Orem Park is $199, down 14.2% since last year.
What is the housing market like in Orem Park today?
In May 2025, Orem Park home prices were down 17.4% compared to last year, selling for a median price of $475K. On average, homes in Orem Park sell after 56 days on the market compared to 28 days last year. There were 5 homes sold in May this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$475,000
-17.4% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Orem Park, UT
$475,000
-17.4%
United States
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How hot is the Orem Park housing market?
Orem Park is somewhat competitive. Homes sell in 21 days.
0
100
55
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 12 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 21 days.
Hot homes
can sell for around list price and go pending in around 13 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.5%
+0.7 pt YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
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 Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Orem Park.
Flood Factor - Minor
1% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Orem Park has a minor risk of flooding. properties in Orem Park are likely to be
severely affected
by flooding over the next 30 years. This represents 1% of all properties in Orem Park. Flood risk is increasing slower than the national average.
21% of properties are at risk of wildfire over the next 30 years
Fire Factor
Orem Park has a moderate risk of wildfire. There are 322 properties in Orem Park that have some risk of being affected by wildfire over the next 30 years. This represents 21% of all properties in Orem Park.