As of June 2026, the typical home in Orem is worth about $511,940. Values are still rising — +3.1% over the past year and +19.3% over five years.
Orem home-price snapshot
The Zillow Home Value Index tracks the typical value of homes in the 35th-65th percentile range, which is a cleaner read than a raw average that gets skewed by a handful of luxury sales. For Orem, that typical value is $511,940 (+3.1% YoY).
Orem vs. other Utah County cities
Here's how the typical home value in Orem stacks up against nearby communities in Utah County (typical value, June 2026):
| City | Typical home value |
|---|---|
| West Mountain | $1,274,441 |
| Alpine | $1,198,423 |
| Highland | $989,650 |
| Woodland Hills | $909,837 |
| Genola | $839,596 |
| Mapleton | $744,222 |
| Lindon | $740,465 |
| Elk Ridge | $694,413 |
| Cedar Hills | $674,968 |
| Salem | $613,931 |
Orem ranks #19 of 23 Utah County cities by typical home value.
Renting in Orem
The typical asking rent in Orem is about $1,520/month. That puts the price-to-annual-rent ratio near 28.1 — a quick gauge investors use to compare buy-vs-rent economics (lower generally favors buying/renting out, higher favors renting).
What this means for buyers and sellers in Orem
Buyers: Buyers in Orem should watch days-on-market and price cuts closely — well-priced homes still move, but overpriced listings are sitting.
Sellers: Sellers in Orem need sharper pricing and real marketing to stand out; the homes that sell fast are staged, photographed well, and priced to the data.
Thinking about making a move in St. George or Southern Utah?
Aurora Serrano is a top St. George REALTOR® with Abundant Real Estate Group (Keller Williams). She helps buyers and sellers across Washington County — St. George, Washington, Hurricane, Ivins, Santa Clara and Cedar City — and offers bilingual (English & Spanish) service and a licensed financial-planning perspective most agents can't match.
Get a real, local answer fast — text her directly:
Text Aurora · 435-256-5584 What’s my home worth?Frequently asked questions
What is the average home price in Orem, Utah?
As of June 2026, the typical (Zillow Home Value Index) home in Orem, UT is worth about $511,940. That's +3.1% versus a year ago and +19.3% over the last five years.
Are home prices in Orem going up or down?
Over the past 12 months the typical Orem home value changed +3.1%. Prices are still rising after the sharp run-up of 2020-2022.
How much is rent in Orem, Utah?
The typical asking rent in Orem is around $1,520 per month.
Is Orem a good place to buy real estate?
It depends on your goals, but Orem in Utah County offers solid Utah fundamentals. Talk to a local agent about specific neighborhoods and current listings before deciding.