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Orem

NeighborhoodThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Utah
$512K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
12
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$521K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Jul 2026 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
202320252026
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
202320252026
Sale premium vs estimated valueHow sale prices compare with our estimated values at the time of sale. Above the dashed line, homes sold for more than the models expected — a sign of competitive bidding. Below it, buyers paid under model value.Premium
202320252026
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
202320252026
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
202320252026
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
202320252026
Preforeclosure filingsForeclosure notices filed each month. A rise can be an early sign that more owners are struggling. Auction stage counts the filings that reached a scheduled foreclosure auction.FilingsAuction stage
20162017201820192022202320252026

Housing Stock

HomesHow many homes we have records for in this area.1,013
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$521K
Median sizeThe middle home size here, measured in square feet.1,318 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1970
Single familyThe share of homes here that are single-family houses.95%
CondosThe share of homes here that are condos.2.7%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.61%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.2.0%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.82%
Company ownedThe share of homes owned by a company or trust instead of a person.16%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.38%
Typical ownership tenureHow long the typical owner here has held their home.9.9 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.84
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.102
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.242

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.31%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.1%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.4,473
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.6,839 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$96K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$119K
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.17 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.66%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all neighborhoods nationally.

How Orem compares

By median home value, Orem is the 24th most expensive of 54 neighborhoods in Utah County, and its typical home is worth more than 45% of all homes in Utah County.

Home values in Orem

Share of homes at each estimated value.

Median
$326K$867K
neighborhoods in Utah County ranked by median home value
#Utah CountyMedian valueHomes
1Sherwood Hills$971K546
2Riverbottoms$887K780
3Oak Hills$850K335
4Indian Hills$785K369
5Rock Canyon$767K684
6Riverside$700K462
7North Timpview$699K716
8Heatheridge$696K690
9Wasatch$685K446
10Canyon View$648K917
11Edgemont$603K595
12Pleasant View$599K553
13Sunset Heights East$587K1,225
14Windsor$579K807
15Northridge$576K843
16Cascade$575K910
17Sharon$571K726
18Orchard$567K949
19Stonewood$561K747
20Lakeview North$557K1,008
21Grandview North$547K879
22Orem Park$537K1,207
23Hillcrest$531K848
24Orem$521K1,013

54 neighborhoods in Utah County are ranked; the most valuable are listed here.

About the Orem market

What is the median home price in Orem, UT?

The median sale price in Orem, UT is $512,070 (data through July 2026), based on deeds recorded with the county.

How many homes sell in Orem, UT each year?

12 homes sold in Orem, UT over the last 12 months (data through July 2026). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Orem, UT?

Orem, UT contains 1,013 residential properties, with a median of 1,318 square feet, 3 bedrooms, built around 1970. The median TopHap Estimate is $521K.

How does Orem, UT compare to the rest of Utah County?

By median home value, Orem, UT is the 24th most expensive of 54 neighborhoods in Utah County. Its typical home is worth more than 45% of all homes in Utah County. Hillcrest ranks just above it. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Orem, UT?

82% of homes in Orem, UT are owner-occupied. 16% are held by a company rather than an individual.

How much equity do owners in Orem, UT hold?

61% of mortgaged homes in Orem, UT are equity-rich, meaning the loan balance is under half the home's value. 2.0% owe more than the home is worth.

Nearby markets

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