Market Report
Orem, UT · 84057
What homes have been selling for in Orem ZIP 84057 over the last 12 months. Based on 277 closed sales. Updated July 30, 2026.
What’s happening
Reading the latest sales…
Typical sale price
$475k
Days to sell
62 days
Homes sold (12 mo.)
277
Right now in Orem 84057
How homes are moving in this area, based on the latest 12 months of closed sales.
62 days
Homes taking longer
Listings are sitting on the market longer than usual - buyers have time to evaluate.
95.9%
Room to negotiate
Buyers commonly close below original list price after negotiation.
4.2 mo
Balanced market
Supply and demand are roughly in line - both sides have room to negotiate.
Recently sold nearby
The 8 most recent closings that look like your home. What similar properties actually sold for is the strongest anchor for what buyers will pay now - and where you should price to move.
Buy vs Rent in 84057
Renting tends to outpace buying over the next 15 years at today's prices and rates.
If you buy
$3,359/mo
If you rent
$1,408/mo
Assumes 20% down, 7% mortgage, 3.5% appreciation, 4% rent growth, 5% investment return on the alternative. Includes property tax, insurance, maintenance, and 8% selling costs at exit. Talk to an agent for your specific numbers.
Long-term market change
Typical home value (5-year window) with month-over-month change.
+20.7%
since Jun 2021
Biggest jump Mar 2022 (+2.9%) · Biggest drop Sep 2022 (-1.4%)
Value in Jun 2021
$397k
Peak (Jul 2022)
$487k
Today
$479k
Activity by month
Average homes sold and new listings hitting the market each calendar month, pooled across all years.
Most sales in Jun · Most new listings in May
When homes sell fastest
Average days to sell by month, pooled across every year. Lower = faster.
Jun fastest · Dec slowest
Neighborhood Demographics · 84057
37,620
$80,184
$398,400
$1,408
4.2% gross yield
63.4%
7,470 own · 4,309 rent
12,246
3.8% vacant
38.8%
Bachelor's or higher
28.3
9.7% poverty rate
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
Other Utah markets
Nearby ZIPs in Orem and other high-activity areas.