Market Intelligence Report — UT-340

Provo-Orem-Lehi, UT

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-UT-05
Updated: May 2026
Median Listing
$569K
-1.1% YOY
Pending Ratio
0.51
-1.5% YOY
Active Inventory
2,624
-1.5% YOY
Median DOM
50 Days
+0.0% YOY

Primpted Sold Score™

How Strong Is Your Provo-Orem-Lehi Home's Selling Position?

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Market Signals & Indicators

Supply Dynamics

2,624 active listings represent the current floor, with new supply arriving at roughly 1,168 per month.

Pricing Pressure
25.8%

of active listings carry a price reduction, +0.9% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.4% year-over-year.

Absorption
0.51

Pending-to-active ratio — supply and demand dynamics are mixed.

Metro Demographics

Metro Area
Provo-Orem-Lehi, UT
CBSA Code
39340
State
UT
Analysis FAQ
  • What is the current market condition in Provo-Orem-Lehi?+

    As of May 2026, the Provo-Orem-Lehi metro is classified as Stabilizing. Pending ratio is 0.51 with median days on market at 50.

  • Are home prices dropping in Provo-Orem-Lehi?+

    Median listing price is $569K, -1.1% year over year. 25.8% of active listings carry a price reduction.

  • How fast are homes selling in Provo-Orem-Lehi?+

    The typical listing sits 50 days on market, a +0.0% change YoY. New listings are arriving at 1,168 per month.

  • Where can I find a trusted Provo-Orem-Lehi real estate expert?+

    Primpted maintains a vetted registry of Provo-Orem-Lehi agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

Vintage: May 2026 · CBSA 39340 · 2mo history