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Provo Market Report

$803,791

AVERAGE PRICE OF 256 HOMES

$2,602,373

AVERAGE PRICE OF 40 MULTI-MILLION DOLLAR HOMES

$1,247,573

AVERAGE PRICE OF 23 NEWLY BUILT HOMES

$921,845

AVERAGE PRICE OF 24 HOMES WITH A POOL

$872,612

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $803,791
Avg Bedrooms 3.57 beds
Avg Bathrooms 2.58 baths

Average Price by Bedrooms

1 bedroom $3,106,995
2 bedrooms $348,749
3 bedrooms $427,358
4 bedrooms $726,812
5 bedrooms $1,077,229
Provo Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 240 214 215 222 227
Average Price $777,335 $824,508 $831,670 $836,758 $838,508
Avg Price Change -6.07% -0.87% -0.61% -0.21% +1.00%
Median Price $484,396 $494,896 $500,812 $499,345 $505,831
Med Price Change -2.17% -1.20% +0.29% -1.30% +1.83%
Avg Bedrooms 3.32 beds 3.3 beds 3.32 beds 3.45 beds 3.39 beds
Avg Bathrooms 2.38 baths 2.33 baths 2.38 baths 2.52 baths 2.48 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Provo 120 $653,999 88 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 256 $803,791 99 days
Multi-Million Dollar Homes 40 $2,602,373 183 days
Newly Built Homes 23 $1,247,573 130 days
Homes with a Pool 24 $921,845 89 days
Reduced Price Homes 8 $872,612 68 days
R Squared Real Estate
Ryan Larsen
3195 S Main St Suite 265
Salt Lake City, UT 84115
801-560-7534
Richard Barrow
Nexa Mortgage
801-450-5106
rbarrow@nexamortgage.com
NMLS # 230124

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of April 18, 2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Conspicuous display of the following: Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
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