Provo, UT

Balanced market+7.9% YoY

Housing market overview · Updated weekly

$458,500median sale price

Homes sold

47

Last 12 weeks

Days on market

74

Average pace

Active listings

167

3.6 months supply

Sale-to-list

98.9%

Below asking

The Provo housing market is currently classified as a balanced market with a median sale price of $458,500. Prices have risen 7.9% compared to last year, with homes spending an average of 74 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Provo?

The median home sale price in Provo is $458,500, up 7.9% from last year.

How long do homes stay on market in Provo?

Homes typically spend 74 days on market before going under contract.

Is Provo a buyer's or seller's market?

With 3.6 months of supply, Provo is currently a balanced market.

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