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OREM, UT 84097

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 (84097) currently shows 39 active listings, with 16 pending sales. Homes are averaging 89 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 89 days on market compared to 90 days last year.

The median listing price has fallen 14.6% year-over-year, from $919,000 to $784,950.

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: 21,774  ·  Density: 1,393.6/mi²  ·  Median household income: $92,542

Typical home value: $453,324  ·  Homeownership: 75.1%

Market Overview

Active Listings
39
vs 39 last year
Pending
16
41% pending ratio
Median Price
$784,950
⇩ 14.6% vs $919,000 last year
Average Price
$1,068,062
⇩ 9.9% vs $1,185,964 last year
Days on Market
89
⇩ 1.1% vs 90 days last year

Price Per Square Foot

Median $/sqft
$253
⇧ 6.3% vs $238/sqft last year
Median Home Size
3,903 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 89 now vs 90 last year

Median & Average Pricing

Year over Year
  • Median: $784,950 (-14.6% YoY)
  • Average: $1,068,062 (-9.9% 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 22.0 miles — 1,417 listings ($1,265,244,086 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
84097Orem, UT 840970.0 mi37$37,184,112$625,000$1,004,976
84058Orem, UT 840583.0 mi46$28,161,338$564,950$612,203
84059Vineyard, UT 840594.0 mi36$23,111,712$597,400$641,992
84604Provo, UT 846045.6 mi80$148,736,880$787,000$1,859,211
84606Provo, UT 846066.7 mi45$19,886,760$411,850$441,928
84663Springville, UT 8466312.4 mi97$132,555,932$529,500$1,366,556
84043Lehi, UT 8404312.9 mi140$111,989,920$649,900$799,928
84664Mapleton, UT 8466413.3 mi218$169,395,592$462,900$777,044
84049Midway, UT 8404916.6 mi101$177,005,732$1,187,500$1,752,532
84005Eagle Mountain, UT 8400517.2 mi470$269,347,600$530,000$573,080
84092Sandy, UT 8409217.9 mi43$87,227,779$1,276,000$2,028,553
84094Sandy, UT 8409420.9 mi59$37,647,664$594,500$638,096
84070Sandy, UT 8407022.0 mi45$22,993,065$530,000$510,957

Frequently Asked Questions

How many homes are for sale in OREM, UT 84097?

As of February 2026, there are 39 active listings in OREM, UT (zip code 84097), compared to 39 the prior year.

What is the median home price in OREM, UT 84097?

The median listing price in OREM, UT 84097 is $784,950 as of February 2026, a 14.6% decrease from $919,000 the prior year.

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

Homes in OREM, UT 84097 spend an average of 89 days on the market before going under contract, compared to 90 days the prior year.

Is it a seller's or buyer's market in OREM, UT 84097?

Based on current inventory and days-on-market data as of February 2026, OREM, UT 84097 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 89 days on market compared to 90 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 84097 save an estimated $15,699 compared to a typical 5% commission on the median listing price of $784,950. 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.