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
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™
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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