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Land Foreclosures in Provo, UT 84606

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Provo, UT Foreclosures

Current Market Conditions in in Provo, UT As of March 2026?
In the past month, Provo's housing market has shown signs of stability as home prices have remained relatively flat, reflecting broader trends seen across the national landscape. Potential buyers are adjusting to the current interest rate environment, leading to a tempered but steady number of transactions compared to previous months. There are indications of stabilization as sellers are becoming more realistic about pricing, resulting in homes selling faster if priced appropriately.
How much do homes sell for in Provo, UT?
The average home price is currently $586,499.
What’s the average rental cost in Provo, UT?
The average rental price in Provo is $1,767.
What is the most expensive home in Provo?
The most expensive home sold in Provo had a price of $42,156,900.
What is currently the cheapest priced home in Provo, UT?
The cheapest home for sale in Provo is priced at $28,767.

Living in Provo, UT

Provo, UT is a dynamic city known for its scenic beauty, active outdoor lifestyle, and family-friendly atmosphere. With a close-knit community and a strong emphasis on education, the area offers numerous recreational opportunities and amenities to residents. The vibrant culture, bolstered by the presence of Brigham Young University, makes Provo an attractive place to live and grow.

Buyer vs Seller Market in Provo, UT

Provo's real estate market continues to experience strong demand with limited inventory available. The area's popularity, fueled by its exceptional quality of life and job opportunities, especially in the tech sector, drives home prices upward, making it a competitive market.

The influx of new residents from other states seeking a more rural or suburban lifestyle has contributed to rising prices, while the inventory struggles to keep pace with demand. Despite rising interest rates, many buyers remain motivated by the urgency of securing homes in this desirable location.

Home Value Estimator For Provo, UT

There are currently 24,124 real estate properties in Provo, UT, with a median automated valuation model (AVM) price of $488,833.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Provo, UT, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Provo, UT, is $586,499.00, with the most expensive house in Provo, UT, topping out at $42,156,900.00 and the cheapest home in Provo, UT, clocking in at $28,767.00. In other words, there’s something for every potential homebuyer or savvy investor in Provo, UT!

Rent Prices In Provo, UT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Provo, UT, is on a rollercoaster ride. The average rent price in Provo, UT, is $1,767.00. Indeed, when looking to rent in Provo, UT, you can expect to pay as little as $590.00 or as much as $3,930.00, with the average rent median estimated to be $1,670.00. The good news is that finding an affordable and desirable property to rent in Provo, UT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Provo, UT 84606 Land

Market Trend for Provo, UT

Total Listings Available: 0

Market Values:

Home Prices from $28,767 to $42,156,900

Average Sales Price: $586,499

Rental Values:

Rental from $590 to $3,930

Average Rent Value: $1,767 / month

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