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OREM, UT 84057

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

Market Analysis

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

The OREM, UT real estate market (84057) currently shows 95 active listings, with 24 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are selling faster, averaging 47 days on market compared to 57 days last year.

The median listing price has risen 5.5% year-over-year, from $472,450 to $498,200.

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
95
⇧ 10.5% vs 86 last year
Pending
24
25% pending ratio
Median Price
$498,200
⇧ 5.5% vs $472,450 last year
Average Price
$530,332
⇧ 1% vs $524,854 last year
Days on Market
47
⇩ 17.5% vs 57 days last year

Price Per Square Foot

Median $/sqft
$236
⇩ 3.7% vs $245/sqft last year
Median Home Size
2,161 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 95 this year vs 86 last year
  • Days on market: 47 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $498,200 (+5.5% YoY)
  • Average: $530,332 (+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 — 1,857 listings ($1,401,487,529 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
84057Orem, UT 840570.0 mi62$30,799,430$470,900$496,765
84097Orem, UT 840972.0 mi39$41,654,418$784,950$1,068,062
84058Orem, UT 840582.7 mi47$27,919,927$587,500$594,041
84601Provo, UT 846016.1 mi65$35,303,645$496,697$543,133
84606Provo, UT 846068.2 mi46$21,233,232$452,450$461,592
84045Saratoga Springs, UT 8404511.0 mi587$356,890,130$547,450$607,990
84004Alpine, UT 8400411.9 mi35$134,137,745$2,821,250$3,832,507
84664Mapleton, UT 8466414.8 mi255$197,142,540$461,900$773,108
84005Eagle Mountain, UT 8400515.3 mi517$296,792,639$537,223$574,067
84049Midway, UT 8404917.1 mi107$166,156,876$1,055,500$1,552,868
84082Wallsburg, UT 8408218.4 mi4$12,120,000$2,440,000$3,030,000
84094Sandy, UT 8409419.5 mi52$31,979,220$582,444$614,985
84093Sandy, UT 8409320.4 mi41$49,357,727$828,750$1,203,847

Frequently Asked Questions

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

As of June 2026, there are 95 active listings in OREM, UT (zip code 84057), compared to 86 the prior year.

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

The median listing price in OREM, UT 84057 is $498,200 as of June 2026, a 5.5% increase from $472,450 the prior year.

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

Homes in OREM, UT 84057 spend an average of 47 days on the market before going under contract, compared to 57 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 June 2026, OREM, UT 84057 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are selling faster, averaging 47 days on market compared to 57 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 $9,964 compared to a typical 5% commission on the median listing price of $498,200. 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.