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UT area data

Orem, UT

Orem, UT.

Population: 36,881 (Census ACS)

Home values & appreciation

Median home value
$476,633
1-year appreciation
+2.7%
3-year appreciation
+6.3%
5-year appreciation
+18.1%
10-year appreciation
+110.0%
All-time peak (2022-07)
$483,162
House Price Index
718.4 (+0.8% YoY)

Market activity

Median sale price
$292,500
Median list price
$279,900
Median days on market
43.5 days
Sale-to-list ratio
96.9%
Active listings
25
1-year forecast
-0.3%
Days to pending
42 days
New listings (monthly)
36

Rents

Typical rent
$1,510/mo
1-year rent change
+4.4%
1BR fair-market rent
$1,185/mo
3BR fair-market rent
$1,924/mo

Affordability

Cost of living index (Average)
99.5 (100 = US avg)
Electricity rate (state-level)
13.1¢/kWh
Natural gas rate (state-level)
$10.20/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
9
Elementary schools
5
Middle schools
1
High schools
2
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
lightning, avalanche, earthquake, strongWind, wildfire
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
55.0°F
Average high
68.0°F
Average low
42.0°F
Annual precipitation
15.5 in
Annual snowfall
41.5 in

Air quality

Air quality rating
Good
Median AQI (annual)
48
Days with Good air quality
201

Walkability & transit

Walkability index
15.7 / 20
Transit service frequency
892

Amenities

National parks within ~60 mi
1
Nearest national park
Timpanogos Cave National Monument (9 mi)
Nearest airport
Provo Municipal Airport (PVU) (7 mi)
Nearest major airport
Provo Municipal Airport (PVU) (7 mi)
Hospitals nearby (~15 mi)
2
Avg hospital rating
4.0 / 5
Solar radiation rating
Good (4.8 kWh/m²/day)

Migration

Net migration
+1,200 tax filers

Housing stock

Median year housing built
1,987
Median annual property tax
$1,773
Mean commute to work
18 min
Households with broadband internet
80.5%

Employment & development

Total county employment
257,687
Average weekly wage
$1,182
Top industries (by employment)
Health Care, Construction, Professional Services
Annual residential building permits (county)
5,013

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents