Utah County · Utah Valley
Orem Real Estate
Last updated: July 2026 · Market data from the Wasatch Front Regional MLS
Orem spreads across the valley floor beneath Mount Timpanogos in central Utah County, pairing decades of established neighborhoods with the energy of Utah Valley University and the redeveloped University Place district, all within a short drive of Provo, Lindon and Vineyard.
Orem Market Snapshot
As of June 2026, the typical home in Orem sells for about $500,000 (2026 year-to-date median, all home types). Prices are flat year over year in a balanced market.
Typical sale, 2026 year-to-date
Market conditions, June 2026
Source: UtahRealEstate.com / RapidStats MLS data. Median figures are all residential property types (single-family, townhouse, and condo), 2026 year-to-date; market-condition figures reflect June 2026. Data deemed reliable but not guaranteed. Market data powered by zoomUTAH.com.
Orem sits in the middle of Utah Valley's long-run growth story, anchored by Utah Valley University and the tech jobs to the north. With the city largely built out, appreciation tends to track steady valley-wide demand rather than the explosive swings of newer edge communities. Treat any single year as a snapshot, not a trend, and lean on current comps for your specific pocket.
What your money buys in Orem
Condos and townhomes near Utah Valley University, University Place and the State Street corridor; the lowest-maintenance entry into Orem.
Established single-family homes on the valley floor in central Orem, Sharon and the Geneva area, straddling the citywide median.
Larger or updated homes in Cascade and southeast Orem, and bigger lots as you climb toward the bench.
Timpanogos-bench and foothill homes with view lots and custom finishes; the premium top of the Orem market.
Your Orem Expert
I'm Kris Bowen, a Real Estate Broker with LPT Realty, with 23 years in Utah and more than 1,000 closings. I price Orem the way it actually trades, walking the specific neighborhoods and running your target against in-person comps rather than a citywide average, because a condo near UVU and a bench home under Timpanogos are two different markets. Reach me at 801-999-8005 or search homes at zoomUTAH.com.
Kris Bowen, Real Estate Broker, LPT Realty
“Our agent at Kris Bowen Real Estate Group is amazing. From the start she helped us with the selling of our home. She is very knowledgeable and her response times with answers to our questions were just amazing. She is very good to work with and we are glad we made the decision to work with her.”
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Buying a Home in Orem
Buyers in Orem get a rare combination for central Utah Valley: an established, walkable city under Mount Timpanogos with real choice at almost every price band, from condos near Utah Valley University up to view homes on the northeast bench. Because the city is largely built out, the housing stock is a patchwork of eras and conditions, so the value is in the specific street and floor plan, not a citywide average.
Get pre-approved before you tour, and price your target neighborhood against recent in-person comps rather than a blanket number for the whole city. A condo near University Place, a mid-century home in Sharon and a bench home under Timpanogos answer to different buyer pools, and that is where a local read on the pocket keeps you from overpaying.
Search all Orem homes for sale →
New to the area? Start with our Utah buyer’s guide and relocating to Utah resources.
Selling a Home in Orem
Selling in Orem rewards accurate pricing and good prep over optimism. Buyers here compare closely, and a well-priced, well-photographed home that shows clean will out-perform an overpriced neighbor that sits and then cuts. Because Orem's housing spans several decades and conditions, your list price has to reflect the actual updates, lot and location, not just the block.
The biggest risk is treating the whole city as one market. A bench view home and a valley-floor starter answer to completely different buyers, so the comps and the pricing have to match the specific pocket.
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New Construction in Orem
Orem is largely built out, so most new construction comes from infill, teardown-and-rebuild on established lots and higher-density redevelopment around the University Place district rather than large subdivisions. Buyers set on brand-new finishes often weigh an Orem resale against newer builds just over the line in Vineyard, Lindon or Spanish Fork. When you compare, look at the full picture: lot size, commute, HOA dues where they apply and the finish level you would otherwise renovate into an older home.
Relocating to Orem?
Buying from out of state, made simple
Relocating to Utah Valley for a job at Utah Valley University, a Silicon Slopes commute or a move closer to family? I've helped more than 1,000 Utah buyers and sellers and know how Orem's central, Cascade and bench neighborhoods differ on price, commute and lifestyle. I'm based to the north in the Holladay and Salt Lake City area and cover the whole Wasatch Front, Utah Valley included. Call 801-999-8005 or start at zoomUTAH.com.
See our relocating-to-Utah guide →- Video tours before you ever land
- Neighborhood & school guidance, remote
- Trusted local lender introductions
- Timed to your move, not a rush
Featured Orem Communities
The areas buyers ask about most. Orem has more, so tell us what you are looking for and we will point you to the right fit.
Sharon and central Orem
Established single-family blocks near the middle of the city, close to Utah Valley University and University Place, generally the most attainable detached homes in Orem.
Cascade and southeast Orem
Mature tree-lined neighborhoods rising toward the southeast, with a mix of mid-century homes and updated properties on larger lots.
Northeast Orem and the Timpanogos bench
Higher-elevation streets closer to the mountain base, prized for Timpanogos views, trail access and some of the larger view lots in the city.
Geneva and northwest Orem
A blend of single-family homes and newer attached product on the flatter west side, near shopping, grocery and the Vineyard border.
University Place area
The redeveloped former mall now anchors a walkable mixed-use district of retail, dining, offices and higher-density housing near the center of town.
Best Orem neighborhood for…
Matching what you want most to where it lives in Orem.
- Best value entry point Condos and townhomes near Utah Valley University and University Place, the most attainable way into the city.
- Closest to the mountains and trails The northeast bench under Mount Timpanogos, near Provo Canyon and the Bonneville Shoreline Trail.
- Largest lots The Cascade area and the higher bench streets, where older lots and view parcels run bigger.
- Most walkable and transit-connected The University Place and University Parkway district, within reach of retail, dining and FrontRunner.
- Best for lock-and-leave Newer attached communities on the west side and near campus with lower exterior upkeep.
Orem Schools
Orem is served by the Alpine School District and is home to three high schools, Orem High School, Timpanogos High School, and Mountain View High School, along with several junior highs and a wide range of neighborhood elementary schools. Orem will anchor the new Timpanogos School District under the approved district split beginning in 2027-28.
Middle / junior high
Elementary
- Aspen Elementary School
- Bonneville Elementary School
- Cascade Elementary School
- Cherry Hill Elementary School
- Foothill Elementary School
- Hillcrest Elementary School
- Northridge Elementary School
- Orchard Elementary School
- Orem Elementary School
- Westmore Elementary School
- Windsor Elementary School
- Parkside Elementary School
- Centennial Elementary School
Charter & private
- Noah Webster Academy
- Utah County Academy of Sciences
Which high school feeds where
| Area of Orem | Typically feeds |
|---|---|
| West and central Orem | Orem High School |
| Northern Orem toward the Timpanogos bench | Timpanogos High School |
| Southeast Orem near Cascade | Mountain View High School |
| Orem middle grades | Canyon View, Lakeridge and Orem Junior High Schools |
Boundaries shift as the area grows. Always confirm your exact address on the official district boundary map.
Utah County voters approved dividing the Alpine School District into three new districts, with the new Timpanogos School District that includes Orem set to begin operating for the 2027-28 school year. Until then the current district name applies. Always verify the current boundary and assignment for any specific address.
Living in Orem
Beyond the market numbers, here is what day-to-day life and the cost of owning look like. Tap any section to open it.
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What is Orem known for?
Orem sits directly under Mount Timpanogos and is home to Utah Valley University, the largest public university in the state, which shapes much of the city's retail, dining and cultural life. The redeveloped University Place district has become a central gathering spot with shops, restaurants and events. -
What is there to do outdoors?
The Provo Canyon mouth is minutes away on US-189, opening to the Provo River Parkway trail, Bridal Veil Falls, the Alpine Loop in season and Sundance Mountain Resort. Closer in, the city keeps a large network of parks and the SCERA campus for recreation and the arts. -
Where do people shop and eat?
University Place and the State Street corridor carry most of the everyday retail, grocery and dining, and the University Parkway commercial strip near UVU adds a dense run of restaurants and services. Downtown Provo and its restaurants are a short drive south. -
What is the commute like?
Orem has a UTA FrontRunner commuter-rail station and sits on I-15, putting Provo minutes south and the Silicon Slopes tech corridor in Lehi and Draper roughly 20 to 30 minutes north off peak.
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Frequently asked questions
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What are the main neighborhoods in Orem?
Central Orem and the Sharon area hold much of the established single-family housing, Cascade and the southeast climb toward larger lots and views, the northeast bench sits closest to the mountain, and the west side around Geneva and University Place mixes homes with newer attached product.
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Which school district serves Orem?
Orem is currently in the Alpine School District. Voters approved a three-way split, and the schools serving Orem are slated to move into the new Timpanogos School District for the 2027-28 school year. Confirm the current boundary for any address before relying on a specific school.
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Is Orem a good place for first-time buyers?
Orem offers some of the more attainable entry points in central Utah Valley, from condos and townhomes near Utah Valley University and University Place to established single-family homes on the valley floor. The right tier depends on your budget, commute and how much yard and space you need.
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How is the commute to Silicon Slopes and Salt Lake?
Orem sits on I-15 with a FrontRunner station, so the Lehi and Draper tech corridor is roughly 20 to 30 minutes north off peak and downtown Salt Lake City is about 45 minutes by car or a straightforward FrontRunner ride.
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Are there new-construction homes in Orem?
Orem is largely built out, so most new supply comes from infill, redevelopment around University Place and scattered bench lots rather than large subdivisions. Buyers who want brand-new construction often compare Orem resales against newer builds in Vineyard, Lindon and Spanish Fork.
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How much are property taxes in Orem?
Utah gives owner-occupied primary residences a 45% exemption, so the effective rate on a primary home lands well under 1% of value. Second homes and investment properties are taxed on the full assessed value. Your county assessor can confirm the current rate for a specific parcel.
Nearby Utah County Cities
Orem Real Estate
Buying or selling in Orem?
Whether you want to search homes or find out what yours is worth, the Kris Bowen Real Estate Group works this city every week. Reach out and we will run the in-person comps, with data on your side.
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