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OREM, UT 84057

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The OREM, UT real estate market (84057) currently shows 62 active listings, with 22 pending sales. Homes are averaging 54 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are selling faster, averaging 54 days on market compared to 61 days last year.

The median listing price has risen 0.3% year-over-year, from $469,675 to $470,900.

Whether you are buying or selling in OREM, UT, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 38,222  ·  Density: 2,395.5/mi²  ·  Median household income: $74,522

Typical home value: $360,514  ·  Homeownership: 63.5%

Market Overview

Active Listings
62
⇧ 21.6% vs 51 last year
Pending
22
35% pending ratio
Median Price
$470,900
⇧ 0.3% vs $469,675 last year
Average Price
$496,765
⇩ 2.1% vs $507,436 last year
Days on Market
54
⇩ 11.5% vs 61 days last year

Price Per Square Foot

Median $/sqft
$238
⇩ 1.7% vs $242/sqft last year
Median Home Size
2,037 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 62 this year vs 51 last year
  • Days on market: 54 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $470,900 (+0.3% YoY)
  • Average: $496,765 (-2.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.4 miles — 1,672 listings ($1,294,778,314 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
84057Orem, UT 840570.0 mi63$29,928,528$492,450$475,056
84097Orem, UT 840972.0 mi37$37,184,112$625,000$1,004,976
84058Orem, UT 840582.7 mi46$28,161,338$564,950$612,203
84601Provo, UT 846016.1 mi55$29,969,500$475,995$544,900
84606Provo, UT 846068.2 mi45$19,886,760$411,850$441,928
84045Saratoga Springs, UT 8404511.0 mi508$310,919,368$550,450$612,046
84004Alpine, UT 8400411.9 mi36$141,305,796$2,650,000$3,925,161
84664Mapleton, UT 8466414.8 mi218$169,395,592$462,900$777,044
84005Eagle Mountain, UT 8400515.3 mi470$269,347,600$530,000$573,080
84049Midway, UT 8404917.1 mi101$177,005,732$1,187,500$1,752,532
84082Wallsburg, UT 8408218.4 mi3$9,489,999$2,440,000$3,163,333
84094Sandy, UT 8409419.5 mi59$37,647,664$594,500$638,096
84093Sandy, UT 8409320.4 mi31$34,536,325$962,445$1,114,075

Frequently Asked Questions

How many homes are for sale in OREM, UT 84057?

As of February 2026, there are 62 active listings in OREM, UT (zip code 84057), compared to 51 the prior year.

What is the median home price in OREM, UT 84057?

The median listing price in OREM, UT 84057 is $470,900 as of February 2026, a 0.3% increase from $469,675 the prior year.

How long do homes stay on the market in OREM, UT?

Homes in OREM, UT 84057 spend an average of 54 days on the market before going under contract, compared to 61 days the prior year.

Is it a seller's or buyer's market in OREM, UT 84057?

Based on current inventory and days-on-market data as of February 2026, OREM, UT 84057 is currently a Balanced Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are selling faster, averaging 54 days on market compared to 61 days last year.

How much can I save on real estate commission in OREM, UT?

With SELL123.com's maximum 3% commission, sellers in OREM, UT 84057 save an estimated $9,418 compared to a typical 5% commission on the median listing price of $470,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.