Metropolitan market · Utah · June 2026 data

Provo Real Estate Market

The Provo, UT housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Provo report in a click.

Median listing price
$572,450
▼ 2.8% YoY
Median $ / sq ft
$222
2,796 sq ft median
Median days on market
54
June 2026
Active listings
2,765
For sale now
New listings
1,174
June 2026
Listings with price cuts
27%
Share of active
Median sale price (closed)
$545,000
▲ 6.9% YoY · closed sales
Sale-to-list ratio
99.4%
Closed sales
Homes sold / month
774
Closed sales
Median listing price trend
$592K$582K$571K$561K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Provo UT · trailing 8 quarters · source: public records and industry data.

The 10-year view
$609K$550K$491K$433K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Provo UT · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
2,765
New this month
1,174
Pending
1,323
Price-reduced
759

As of June 2026, the median home listed in Provo, UT asks $572,450 — down 2.8% from a year ago. Homes are taking a median of 54 days to go under contract, and 27% of the 2,765 active listings have taken a price cut, which points to a balanced market. Figures cover the Provo-Orem-Lehi, UT metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
38/100
#711 of 932 covered metros
12-month outlook
-2.2%
▼ Cooling · model output, not advice
Price volatility
High
σ 8.7% · 20-yr price-index swings
Momentum
51
Value
34
Rental yield
22
Supply risk
78
Market heat
63

Provo scores 38/100 on our composite Investor Score (#711 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 47% over five years and +122% over ten, leaving prices 60% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,460/mo for a two-bedroom, the gross rental yield on the median listing is about 3.1%; active inventory sits at 121% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 2.8% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Provo ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$2,580/mo
−$293/mo vs today
At today's rate · 6.43%
$2,874/mo
National weekly average
If rates rise 1% · 7.43%
$3,180/mo
+$307/mo vs today

Principal & interest on the $572,450 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
7,357
▲ 14.4% vs 2024
10.6 per 1,000 residents
Net migration (2022–2023)
+4,447
▲ people, via tax-return records
net income flow +$184.2M/yr
Job growth (YoY)
+0.9%
▲ 321.5k nonfarm jobs · May 2026
Natural-hazard risk
Relatively High
National hazard index · top hazard: Earthquake

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Provo market FAQs

What is the median home price in Provo?
As of June 2026, the median listing price in Provo, UT is $572,450, down 2.8% year over year (source: public records and industry data). Figures cover the Provo-Orem-Lehi, UT metro area.
How fast are homes selling in Provo?
The median property in Provo spends 54 days on the market, with 2,765 homes actively listed and 27% of them carrying a price cut — a balanced market by pace.
Who are the top real estate agents in Provo?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Provo and the wider Utah market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Provo-Orem-Lehi, UT metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.