If you need assistance, please call 801-560-7534

Provo Market Report

$812,660

AVERAGE PRICE OF 241 HOMES

$2,635,827

AVERAGE PRICE OF 38 MULTI-MILLION DOLLAR HOMES

$1,436,507

AVERAGE PRICE OF 16 NEWLY BUILT HOMES

$1,099,243

AVERAGE PRICE OF 16 HOMES WITH A POOL

$488,170

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $812,660
Avg Bedrooms 3.36 beds
Avg Bathrooms 2.44 baths

Average Price by Bedrooms

1 bedroom $1,381,340
2 bedrooms $407,136
3 bedrooms $416,392
4 bedrooms $664,391
5 bedrooms $1,078,286
Provo Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 255 256 243 232 224
Average Price $789,350 $804,005 $817,945 $769,738 $776,424
Avg Price Change -1.86% -1.73% +6.26% -0.87% +6.32%
Median Price $506,536 $516,585 $500,101 $488,841 $496,756
Med Price Change -1.98% +3.30% +2.30% -1.62% +1.62%
Avg Bedrooms 3.64 beds 3.72 beds 3.63 beds 3.55 beds 3.58 beds
Avg Bathrooms 2.6 baths 2.65 baths 2.62 baths 2.56 baths 2.58 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
None/Other 13 $453,384 73 days
Orem 2 $2,700,000 120 days
Provo 106 $696,134 84 days
Timpview 109 $752,265 87 days
Wasatch 2 $2,912,500 458 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 241 $812,660 93 days
Multi-Million Dollar Homes 38 $2,635,827 175 days
Newly Built Homes 16 $1,436,507 202 days
Homes with a Pool 16 $1,099,243 82 days
Reduced Price Homes 10 $488,170 62 days
R Squared Real Estate
Ryan Larsen
3195 S Main St Suite 265
Salt Lake City, UT 84115
801-560-7534
Ryan Taylor
970-393-3257
rtaylor@vandykmortgage.com
Nmls# 1487488
State license# 5486089

Fair Housing/Equal Opportunity
Terms of Use Privacy Notice DMCA
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of September 30, 2023. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2023 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Conspicuous display of the following: Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
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