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Provo, UT
Full City Profile · Utah · Utah County County
3.0
/5.0
B
Good
114,303
Population
2,729/sq mi density
$62,800
Median Income
$26,755 per capita
$437,100
Home Value
$478,858 Zillow
$1,152
Median Rent
30.9% income on rent
49°F
Avg Temperature
309 sunny days/yr
115
Violent Crime/100K
1,508 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$62,800 median income, 3.4% unemployment
C+
Affordability
2.7 / 5.0
$437,100 home value, $1,152/mo rent
F
Safety
1.0 / 5.0
115 violent crimes/100K
A+
Education
4.6 / 5.0
45.0% bachelor's degree or higher
Housing Overview
Median Home Value
$437,100
55% above
US avg: $281,900
Median Rent
$1,152/mo
1% below
US avg: $1,163/mo
Homeownership Rate
39.9%
39% below US avg (65.4%)
Total Housing Units
35,079
Median year built: 1981
Home Value by Source
Census Median
$437,100
Zillow (ZHVI)
$478,858
Median Sale Price
$458,500
Median List Price
$475,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
39.9%
Owner-Occupied
60.1%
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:
$1,152/mo
· Zillow rent:
$1,448/mo
Market Indicators (Redfin)
Median Days on Market
74 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
47
Price Drops
28.1%
of listings with price reduction
Price Per Sq Ft
$270
Active Inventory
167
homes for sale
Affordability & Housing Stock
Rent Burden
30.9%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
39.9%
Complete Housing Data
Home Values
| Census Median Value | $437,100 |
| Zillow Home Value (ZHVI) | $478,858 |
| Median Sale Price | $458,500 |
| Median List Price | $475,000 |
| Price Per Sq Ft | $270 |
Rent
| Census Median Rent | $1,152 |
| Zillow Rent (ZORI) | $1,448 |
| 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 | 74 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 28.1% |
| Homes Sold | 47 |
| Active Inventory | 167 |
| Price Per Sq Ft | $270 |
Ownership & Stock
| Owner-Occupied | 39.9% |
| Renter-Occupied | 60.1% |
| Homeownership Rate | 39.9% |
| Total Housing Units | 35,079 |
| Median Year Built | 1981 |
| Rent Burden | 30.9% |