Provo - UT housing market

The typical home value ($544,867) is the Zillow Home Value Index for the Provo - UT metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 1.9% over the past year. In Provo - UT, that means a home worth $534,708 last year is now worth roughly $544,867.

The median sale price, what homes actually close for, is $513,924. Homes are selling at 99.2% of list price, meaning buyers have room to negotiate.

Homes listed in Provo - UT sit on the market for roughly 29 days before going pending. Shorter = seller's market; longer = buyer's market.

About 35.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 929 new listings hit the market each month in Provo - UT. There are currently 3,032 homes for sale, up 1.4% from a year ago.

The typical monthly rent in Provo - UT is $1,823, up 2.1% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 24.9x, renting territory (#15 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $2,801 a month in principal and interest, $978 more than renting before taxes, insurance and upkeep. The two break even at a 2.94% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →