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Orem, UT
Full City Profile · Utah · Utah County County
3.4
/5.0
B
Good
97,048
Population
5,212/sq mi density
$81,292
Median Income
$33,765 per capita
$439,000
Home Value
$501,561 Zillow
$1,405
Median Rent
28.7% income on rent
51°F
Avg Temperature
314 sunny days/yr
90
Violent Crime/100K
1,996 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$81,292 median income, 2.7% unemployment
B+
Affordability
3.6 / 5.0
$439,000 home value, $1,405/mo rent
F
Safety
1.0 / 5.0
90 violent crimes/100K
A
Education
4.4 / 5.0
42.5% bachelor's degree or higher
Housing Overview
Median Home Value
$439,000
56% above
US avg: $281,900
Median Rent
$1,405/mo
21% above
US avg: $1,163/mo
Homeownership Rate
58.2%
11% below US avg (65.4%)
Total Housing Units
31,967
Median year built: 1987
Home Value by Source
Census Median
$439,000
Zillow (ZHVI)
$501,561
Median Sale Price
$473,900
Median List Price
$552,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
58.2%
Owner-Occupied
41.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$981/mo
1 Bedroom
$1,082/mo
2 Bedroom
$1,313/mo
3 Bedroom
$1,746/mo
4 Bedroom
$2,105/mo
Census median rent:
$1,405/mo
· Zillow rent:
$1,480/mo
Market Indicators (Redfin)
Median Days on Market
72 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
43
Price Drops
23.8%
of listings with price reduction
Price Per Sq Ft
$234
Active Inventory
126
homes for sale
Affordability & Housing Stock
Rent Burden
28.7%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1987
Average age of housing stock: 39 years
Homeownership Rate
58.2%
Complete Housing Data
Home Values
| Census Median Value | $439,000 |
| Zillow Home Value (ZHVI) | $501,561 |
| Median Sale Price | $473,900 |
| Median List Price | $552,000 |
| Price Per Sq Ft | $234 |
Rent
| Census Median Rent | $1,405 |
| Zillow Rent (ZORI) | $1,480 |
| FMR Studio | $981 |
| FMR 1-Bedroom | $1,082 |
| FMR 2-Bedroom | $1,313 |
| FMR 3-Bedroom | $1,746 |
| FMR 4-Bedroom | $2,105 |
Market
| Days on Market | 72 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 23.8% |
| Homes Sold | 43 |
| Active Inventory | 126 |
| Price Per Sq Ft | $234 |
Ownership & Stock
| Owner-Occupied | 58.2% |
| Renter-Occupied | 41.8% |
| Homeownership Rate | 58.2% |
| Total Housing Units | 31,967 |
| Median Year Built | 1987 |
| Rent Burden | 28.7% |