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Provo, Orem Metro Area Housing

 

As of 2010-2014, median price of a house in Provo, Orem Area is $221,100, which is about the same as the state average of $212,500 and is higher than the national average of $175,700. The median year that a house in Provo, Orem Area was built is 1992, which is newer than the median year for a house built in the state which is 1984 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 100,397 Owner Occupied Houses in Provo, Orem Area, #79
Provo, Orem Area
221,100 USD
Utah
212,500 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Provo, Orem Area
-1.95%
Utah
45.45%
U.S.
46.91%

*The Provo, Orem Area median house price growth rate is since 2005-2009. The Utah and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Provo, Orem AreaUtahU.S.
Total Housing Units156,076, see rank, 100%999,734132,741,033
Occupied Housing Units148,535, 95.17%, see rank89.64%87.55%
Owner Occupied100,397, 64.33%, see rank62.48%56.34%
Renter Occupied48,138, 30.84%, see rank27.17%31.21%
Vacant Housing Units7,541, 4.83%, see rank10.36%12.45%
For Rent1,481, 0.95%, see rank1.67%2.34%
For Sale Only1,418, 0.91%, see rank1.12%1.20%
Rented or Sold, Not Occupied842, 0.54%, see rank0.65%0.92%
For Seasonal, Recreational, or Occasional Use1,456, 0.93%, see rank4.93%3.97%
For Migrant Workers10, 0.01%, see rank0.04%0.03%
Other Vacant2,334, 1.50%, see rank1.95%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #13
Provo, Orem AreaUtahU.S.
199219841976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Provo, Orem Area%UtahU.S.
Owner-Occupied Units100,397100%624,60574,787,460
With a Mortgage76,88976.58%, see rank72.44%65.58%
Without a Mortgage23,50823.42%, see rank27.56%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Provo, Orem Area
1,488 USD
Utah
1,454 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsProvo, Orem Area%UtahU.S.
$299 or Less1070.14%, see rank0.24%0.20%
$300 to $4999771.27%, see rank1.52%1.59%
$500 to $6991,9312.51%, see rank3.50%5.01%
$700 to $9997,4149.64%, see rank12.22%14.32%
$1,000 to $1,49928,72237.36%, see rank35.88%27.90%
$1,500 to $1,99920,54626.72%, see rank25.42%20.35%
$2,000 to $2,99913,14417.09%, see rank16.09%19.52%
$3,000 or More4,0485.26%, see rank5.12%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Provo, Orem Area
23.90% of the Total Income
Utah
23.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Provo, Orem Area%UtahU.S.
10% or Less4,0065.21%, see rank5.58%5.86%
10% to 20%23,18730.16%, see rank31.75%31.95%
20% to 30%25,15732.72%, see rank30.92%27.64%
30% to 40%11,44414.88%, see rank14.45%13.74%
40% or More12,76316.60%, see rank16.97%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Provo, Orem Area
391 USD
Utah
386 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsProvo, Orem Area%UtahU.S.
$199 or Less1,0994.68%, see rank6.61%7.76%
$200 to $2994,53319.28%, see rank19.45%14.70%
$300 to $49911,73949.94%, see rank47.95%34.63%
$500 to $6994,22217.96%, see rank17.31%21.16%
$700 or More1,9158.15%, see rank8.68%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Provo, Orem Area
10.00% of the Total Income
Utah
10.00% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Provo, Orem Area%UtahU.S.
10% or Less13,52157.52%, see rank56.08%40.19%
10% to 20%6,23226.51%, see rank25.84%31.47%
20% to 30%1,8647.93%, see rank8.49%12.24%
30% to 40%7433.16%, see rank3.30%5.64%
40% or More1,0024.26%, see rank5.20%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Provo, Orem AreaUtahU.S.
Total Housing Units156,076, 100%999,734132,741,033
1-unit, Detached104,936, 67.23%, see rank68.72%61.65%
1-unit, Attached14,166, 9.08%, see rank6.02%5.82%
2 Units6,672, 4.27%, see rank3.28%3.75%
3 or 4 Units8,130, 5.21%, see rank4.50%4.43%
5 to 9 Units5,126, 3.28%, see rank3.38%4.78%
10 or More Units14,119, 9.05%, see rank10.33%13.08%
Mobile Home, Boat, RV, Van, etc.2,927, 1.88%, see rank3.77%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Provo, Orem AreaUtahU.S.
Total Housing Units156,076, 100%999,734132,741,033
1 Room1,138, 0.73%, see rank1.32%1.95%
2 Rooms2,393, 1.53%, see rank2.17%2.48%
3 Rooms7,189, 4.61%, see rank6.41%9.13%
4 Rooms20,005, 12.82%, see rank13.89%16.60%
5 Rooms22,285, 14.28%, see rank15.67%20.41%
6 Rooms19,110, 12.24%, see rank13.45%18.06%
7 Rooms18,327, 11.74%, see rank12.35%12.27%
8 Rooms18,018, 11.54%, see rank11.52%8.48%
9 Rooms or More47,611, 30.51%, see rank23.22%10.60%
Median Rooms6.80, see rank6.305.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Provo, Orem AreaUtahU.S.
Total Housing Units156,076, 100%999,734132,741,033
No Bedroom1,214, 0.78%, see rank1.41%2.17%
1 Bedroom7,325, 4.69%, see rank7.26%11.16%
2 Bedrooms26,540, 17.00%, see rank20.21%26.69%
3 Bedrooms44,520, 28.52%, see rank30.54%39.70%
4 Bedrooms34,236, 21.94%, see rank21.69%16.05%
5 or More Bedrooms42,241, 27.06%, see rank18.89%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Provo, Orem AreaUtahU.S.
Total Housing Units148,535, 100%896,194116,211,092
Utility Gas132,116, 88.95%, see rank84.97%48.85%
Bottled, Tank, or LP Gas2,419, 1.63%, see rank2.28%4.86%
Electricity12,041, 8.11%, see rank10.79%36.68%
Fuel Oil, Kerosene, etc.150, 0.10%, see rank0.15%5.86%
Coal or Coke138, 0.09%, see rank0.16%0.12%
Wood882, 0.59%, see rank1.19%2.12%
Solar Energy63, 0.04%, see rank0.03%0.05%
Other Fuel602, 0.41%, see rank0.32%0.47%
No Fuel Used124, 0.08%, see rank0.11%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalProvo, Orem AreaUtahU.S.
Occupied Units Paying Rent45,756, 100%258,00839,201,928
$199 or Less435, 0.95%, see rank1.14%1.50%
$200 to $299722, 1.58%, see rank2.08%3.18%
$300 to $4992,822, 6.17%, see rank6.63%7.37%
$500 to $6998,546, 18.68%, see rank17.63%16.01%
$700 to $99915,291, 33.42%, see rank36.28%29.17%
$1,000 to $1,49912,483, 27.28%, see rank26.58%26.88%
$1,500 to $1,9994,166, 9.10%, see rank7.30%9.79%
$2,000 or More1,291, 2.82%, see rank2.34%6.10%
Median$880, see rank$875$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Provo, Orem AreaUtahU.S.
Occupied Housing Units148,535, 100%896,194116,211,092
No Vehicles Available4,721, 3.18%, see rank4.60%9.12%
1 Vehicles Available32,773, 22.06%, see rank26.26%33.80%
2 Vehicles Available66,273, 44.62%, see rank41.80%37.48%
3 or More Vehicles Available44,768, 30.14%, see rank27.34%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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