Name: Provo Real Estate Market Data
Creator: Propaired

Question 1

What is the median home price in Provo, Utah in 2026?

Accepted Answer

As of July 2026, the median home price in Provo, Utah is $480,000, which is 8.6% below the Utah state median of $525,000. Home prices in Provo range from $190,999 to $38,000,000, with an average sale price of $603,031. These figures are based on recent closed transactions in the Provo real estate market.

Question 2

Is Provo, Utah a buyer's or seller's market?

Accepted Answer

Provo, Utah is currently a balanced market. Key indicators include an average sale-to-list price ratio of 98.6% and homes spending an average of 46 days on the market. Provo’s median home price of $480,000 is about 8.6% lower than the Utah median of $525,000, while homes sell 25% faster and at a 98.6% sale‑to‑list ratio.

Question 3

How long do homes stay on the market in Provo?

Accepted Answer

Homes in Provo, Utah spend an average of 46 days on the market before going under contract compared to the Utah state average of 61 days (25.5% below average). This is a moderate pace, giving buyers some time to make decisions. Properties that are priced competitively and show well tend to sell fastest.

Question 4

How many homes are for sale in Provo, Utah?

Accepted Answer

As of July 2026, there are 251 active homes for sale in Provo, Utah with 446 new listings added recently. In the most recent reporting period, 236 transactions closed in Provo. The inventory level can change quickly, so checking regularly helps buyers stay ahead of new opportunities.

Question 5

What county is Provo, Utah in?

Accepted Answer

Provo is located in Utah County, Utah. Utah County currently has 251 active home listings in Provo with a median price of $480,000. Browsing the Utah County real estate market on Propaired surfaces listings across all cities in the county.

Question 6

Are there new construction homes for sale in Provo, Utah?

Accepted Answer

Yes — Provo currently has 446 new listings recently added to the market, with prices starting from $190,999. New construction homes (year built ≥ 2025 or builder-flagged in MLS) can be found using the "New Construction" filter on Propaired. The overall median home price in Provo is $480,000.

Question 7

What types of homes are available in Provo?

Accepted Answer

Provo, Utah offers a diverse range of properties. The area is known for: college-town, family-friendly, tech-hub, affordable, outdoor-access, good-schools. You can find single-family homes, townhomes, condos, and in some areas luxury estates and new construction. College town energy with BYU influence. Strong family values, excellent schools, growing tech job market, affordable housing. Use AI-powered search on Propaired to filter by property type, price range, and lifestyle features.

Question 8

What is Provo, Utah known for?

Accepted Answer

College town energy with BYU influence. Strong family values, excellent schools, growing tech job market, affordable housing. Great access to outdoor recreation with Provo Canyon nearby.

Median Price

$480,000

Active Listings

251

Avg Days on Market

46 days

Price Range

$190,999 – $38,000,000

Population

135,000

college-townfamily-friendlytech-hubaffordableoutdoor-accessgood-schoolsyoung-professionals

Question 9

How does Provo compare to the Utah state average?

Accepted Answer

Provo home prices are 8.6% below the Utah state median of $525,000, with a local median of $480,000. Homes sell faster than the state average — 46 days in Provo vs 61 days statewide (25.5% below average). The sale-to-list ratio is 98.6% locally vs 99.0% statewide.

Question 10

Are homes in Provo more expensive than the Utah average?

Accepted Answer

No, homes in Provo are more affordable than the Utah state average. The median home price in Provo is $480,000, compared to the statewide median of $525,000 — a difference of $45,000 (-8.6%). This makes Provo an attractive option for buyers seeking value in Utah.

Question 11

Do homes sell faster in Provo than the rest of Utah?

Accepted Answer

Yes, homes in Provo sell faster than the Utah average. The average days on market in Provo is 46 days, compared to 61 days statewide (25.5% below average). This faster pace signals strong buyer demand in the area. The overall market temperature is considered balanced.

Question 12

How have home prices changed in Provo over the past year?

Accepted Answer

Home prices in Provo, Utah have increased by 38.8% over the past year. The median sale price went from $425,000 to $590,000. This strong appreciation reflects growing demand in the area. Check the Provo market trends section above for detailed charts.

Question 13

Is the Provo housing market heating up or cooling down?

Accepted Answer

The Provo housing market is currently showing mixed signals, with prices up 38.8% year-over-year and days on market increasing by 3.0%. The market temperature is rated "balanced" based on current conditions. Provo’s median home price of $480,000 is about 8.6% lower than the Utah median of $525,000, while homes sell 25% faster and at a 98.6% sale‑to‑list ratio. Monitor the market data section above for monthly trends and state comparisons to track how conditions are evolving.

Question 14

What were Provo home prices this time last year?

Accepted Answer

In July 2025, the median home sale price in Provo, Utah was $425,000. Today, the median is $590,000, representing a change of +38.8% ($165,000 increase). During that same period, the average days on market went from 47 to 48 days.

Question 15

What is the current market outlook for Provo, Utah?

Accepted Answer

Provo’s residential market remains attractive for buyers despite a modest price dip below the state average. The median closed price of $480,000 is 8.6% lower than Utah’s $525,000, yet the city is experiencing a rapid 31.1% month‑over‑month price increase and a brisk 98.6% sale‑to‑list ratio. Homes are moving quickly, with an average of 46 days on market—25% faster than the state—and sellers are receiving near‑list offers. Single‑family homes dominate the higher‑price segment (median $565K, +0.7% YoY) while townhomes and condos sit at a more affordable median of $345K, though they have seen a 12.3% YoY price decline.

On the macro side, mortgage rates have been edging upward, with the 30‑year rate climbing from 6.1% in January to 6.5% in July, and the 15‑year rate moving from 5.47% to 5.86% over the same period. Unemployment remains low and stable (Utah 3.6%, national ~4.2%), and consumer sentiment is flat, suggesting no immediate pressure on buyer purchasing power. Statewide initiatives to accelerate homebuilding and the launch of Richmond American’s Geneva Estates in Provo add new supply, which could help balance the market if price momentum continues. Recent brush‑fire alerts in Slate Canyon pose a localized risk but are unlikely to affect overall market fundamentals. Overall, Provo’s market is balanced—strong demand and quick sales coexist with modest price advantage and rising financing costs. The market temperature is rated "balanced." Provo’s median home price of $480,000 is about 8.6% lower than the Utah median of $525,000, while homes sell 25% faster and at a 98.6% sale‑to‑list ratio.

Question 16

What are the key highlights of the Provo housing market?

Accepted Answer

Key highlights of the Provo, Utah housing market include: Median price rose 31.1% month‑over‑month, signaling strong recent demand.. Homes spend only 46 days on market versus the state average of 61 days.. Single‑family homes command a higher median price ($565K) than townhomes/condos ($345K).. Mortgage rates have risen modestly over the past six months (30‑yr from 6.1% to 6.5%).. New development (Geneva Estates) adds inventory and may temper price growth.. These insights are derived from recent MLS transaction data and local market analysis.

Question 17

What is the price range for homes in Provo, Utah?

Accepted Answer

Homes in Provo, Utah range from $190,999 to $38,000,000, with a median price of $480,000. The standard deviation is $2,442,485, indicating a wide spread of home values across neighborhoods. This range reflects the diversity of housing options available, from starter homes to luxury properties.

Question 18

What are the best schools in Provo, Utah?

Accepted Answer

Provo has 26 schools. The top-rated schools based on state performance scores include: Walden School of Liberal Arts (64.2% score), 385 students; Edgemont School (62% score), 609 students; Provost School (57.3% score), 510 students. School ratings are based on Utah State Board of Education achievement and growth metrics. Explore all Provo schools and nearby homes for sale on Propaired.

Question 19

How do Provo schools compare to the state average?

Accepted Answer

Of the 26 schools in Provo, 2 (8%) are rated as high-performing and 3 have strong academics indicators. Families should research individual school ratings on our Provo schools page for detailed performance breakdowns.

Question 20

Are there STEM or specialty schools in Provo?

Accepted Answer

Yes, Provo has 5 schools with STEM excellence indicators, including Walden School of Liberal Arts, Edgemont School, Provost School. These schools demonstrate above-average performance in math, science, or both according to Utah state assessments.

Question 21

What outdoor recreation is near Provo, Utah?

Accepted Answer

Provo offers excellent access to outdoor recreation. Nearby options include: airport (Provo Municipal Airport, 5.7km away); boat ramp (Millrace north, 3.4km away); climbing (Rock Canyon, 4.0km away); fishing (Provo River, 11.2km away); golf course (East Bay Golf Course, 3.4km away); hot springs (Saratoga Hot Springs (Inlet Park), 25.6km away). Utah's diverse terrain provides year-round recreation opportunities within easy reach of Provo homes.

Question 22

Is Provo good for skiing and outdoor activities?

Accepted Answer

Yes! Provo has excellent access to skiing at Sundance Resort (17km), 5 hiking trailheads, 1 fishing spot. With ski resorts within 17km, it's a top choice for winter sports enthusiasts. Browse homes in Provo and filter by lifestyle tags like "ski property" or "trailhead hiking" on Propaired.

Question 23

What amenities are near homes in Provo?

Accepted Answer

Provo has convenient access to essential amenities including 5 banks, 5 cafes, 5 campgrounds, 5 daycares, 5 dentists, 5 doctorss. These services are within the city limits or nearby, making daily life convenient for residents. Propaired's listing pages include amenity proximity scores so you can evaluate each property's access to services.

Question 24

Are there hospitals and medical facilities in Provo?

Accepted Answer

Yes, Provo has access to 5 hospitals (including Rock Canyon Periodontist) and 5 pharmacies. The nearest hospital, Rock Canyon Periodontist, is 0.9km from the city center. Healthcare accessibility is an important factor when choosing a neighborhood.

Question 25

What is the internet quality in Provo, Utah?

Accepted Answer

Provo has an average broadband download speed of 8622 Mbps and 99% of homes have access to fiber internet. Top internet providers include Google Fiber, Utah Telecommunication Open Infrastructure Agency, SFCN. This is above average for Utah, supporting remote work and streaming. Residents have an average of 11.6 provider options.

Question 26

Are single-family homes or condos a better investment in Provo?

Accepted Answer

In Provo, single-family homes have a median price of $565,000 (+0.7% YoY), while townhomes/condos are $345,000 (-12.3% YoY). SFRs sell in 29 days vs 24 days for condos. Single-family homes are appreciating faster. Both property types are available with AI-powered search on Propaired.

Question 27

What is the price per square foot in Provo?

Accepted Answer

The median price per square foot in Provo, Utah is $257. The average home size is 2,307 sqft. This metric helps compare value across neighborhoods and property types — a lower price per sqft may indicate better value, while higher prices often reflect premium locations or finishes.

Question 28

Is now a good time to buy a home in Provo, Utah?

Accepted Answer

The 30-year mortgage rate is currently 6.50% and Utah's unemployment rate is 3.6%, with Provo's market rated as "balanced." Prices are rising at 38.8% year-over-year. Current conditions may favor buyers with more negotiating room. Market timing depends on your personal financial situation and goals.

Question 29

When is the best time to buy a home in Provo?

Accepted Answer

Historically, May offers the most new listings in Provo, giving buyers the widest selection. Spring (April–June) typically sees the most inventory while winter months often have less competition and potentially more motivated sellers. However, Utah's growing market means opportunities exist year-round. Set up alerts on Propaired to be notified when new listings match your criteria.

Question 30

Is Provo a safe place to live?

Accepted Answer

Provo has a safety rating of 5.3 out of 10 (10 = safest) based on 2024 BCI NIBRS data. The overall crime rate is 42.1 per 1,000 residents, which is 9% below the statewide average, making it moderate in terms of crime. The violent crime rate is 7.5 per 1,000 residents and the property crime rate is 22.4 per 1,000 residents. (Population: 112,763)

Question 31

What is the crime rate in Provo?

Accepted Answer

In 2024, Provo's total NIBRS crime rate was 42.1 offenses per 1,000 residents. This includes crimes against persons (7.5 per 1K), property crimes (22.4 per 1K), and crimes against society. For comparison, the statewide average is approximately 46.4 per 1,000 residents. Source: Bureau of Criminal Identification NIBRS report.

Market Overview

Key Metrics

Detailed Market Analysis

Advanced Metrics

Trend Charts

Price Distribution & Property Mix

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