Housing in Provo, UT

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$426,200

Median List Price

$529,000

Price Per Sq Ft

$241

Days on Market

102

Active Inventory

162

Months of Supply

3.9

Seller's market

Zillow Home Value

$475,278

ZHVI — January 2026

Zillow Rent Index

$1,536

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 2.6%List Price 16.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

16.7%

Off Market in 2 Weeks

24.6%

Sale-to-List Ratio

97.6%

Buyer's market

Sold Above Asking
16.7%
Under Contract in 2 Wks
24.6%
Listings with Price Drops
24.1%

Market Activity

Source: Redfin

Homes Sold

42

New Listings

59

Pending Sales

61

Homes Sold 12.5%New Listings 37.2%Pending 35.8%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$241

Median List $/SF

$268

Sale $/SF 3.4%List $/SF 0.4%Mar 24Jan 26

Provo vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 100,000 - 250,000 residents. Provo is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$437,100

Median Rent

$1,152

Total Housing Units

36,000

Vacancy Rate

5.3%

Owner Occupied

39.9%

Renter Occupied

60.1%

Median Property Tax

$2,146

per year

Monthly Cost (w/ Mortgage)

$1,527

Housing Types

Single Family
49.2%
Multi-Family
48.8%
Mobile Home
2.0%

The current median sale price in Provo, UT is $426,200 according to Redfin data. Homes spend a median of 102 days on the market. 16.7% of homes sold above asking price. The market has 3.9 months of supply. The median price per square foot is $241. Zillow's observed rent index is $1,536/month. About 39.9% of housing units are owner-occupied. The median year homes were built is 1982. There are 36,000 total housing units.