Is Orem, UT 84057 a buyer’s or seller’s market?
Orem is a seller’s market. With about 3.4 months of supply and 15% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.4Under 4 months = seller’s market
Sold above original list15.3%Share of sales, last 3 months
Median sale-to-list99.2%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$230▼ −7.3% vs. last year
Run the numbers for 84057
Nearby markets
Alpine 84004Buyer’s market $289 /sq ftAmerican Fork 84003Balanced $241 /sq ftCedar Valley 84013Seller’s market $188 /sq ftEagle Mountain 84005Balanced $178 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology