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Orem, UT Home Values and Rents
The typical home value in Orem is $500,448, 88th highest of 175 cities and towns in Utah. Median rent is $1,512 a month.
- Typical home value
- $500,448
- 88th of 175 in UT
- Median rent
- $1,512/mo
- Zillow observed rent
- Price change, 1 year
- +2.4%
- Sep 2026
- Homeownership
- 57.8%
- UT: 70.2%
Home sale prices in the Provo-Orem-Lehi, UT area
Zillow median sale price, Sep 2026
$506,303-0.7% from a year earlier
Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.
Typical home value in Orem
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Orem |
|---|---|
| Sep 2026 | $500,448 |
| Dec 2025 | $498,378 |
| Dec 2024 | $480,780 |
| Dec 2023 | $477,020 |
| Dec 2022 | $477,125 |
| Dec 2021 | $445,482 |
| Dec 2020 | $364,636 |
| Dec 2019 | $322,738 |
| Dec 2018 | $300,445 |
| Dec 2017 | $270,705 |
| Dec 2016 | $248,619 |
| Dec 2015 | $227,887 |
| Dec 2014 | $204,025 |
| Dec 2013 | $196,303 |
| Dec 2012 | $174,431 |
Over five years, Orem prices changed +14.9%.
Source: Zillow Research · Last updated 09/01/2026
Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
Swipe the table sideways to see more columns.
Frequently asked questions
- What is the typical home value in Orem, UT?
- The typical home value in Orem is $500,448 (Zillow Home Value Index, Sep 2026). The Utah median is $489,400.
- How much is rent in Orem?
- The median rent in Orem is $1,512 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,363.
- Are home prices going up in Orem?
- The typical home value in Orem changed +2.4% over one year and +14.9% over five years, as of Sep 2026.
- How does Orem compare with the rest of Utah?
- Orem has the 88th highest median home value of 175 cities and towns with 1,000+ residents in Utah.
- Which ZIP code in Orem has the highest home values?
- ZIP code 84097 has the highest median home value at $556,300, and 84057 has the lowest at $440,200.