Orem, UT — Momentum Score, Home Values & Best-For

All states·Utah·Orem

Utah County · Provo-Orem · population 96,646

Orem, UT
Image: Wikipedia · Orem, Utah
OverviewCost of livingMoving guide
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67
Rising
Momentum score · 0–100

Where Orem stands

At or near all-time high.

Median home $509,396
1-year +3.4%
5-yr CAGR +4.7%
vs 5-yr peak -1.0%
Population -0.4%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2022-07$509k$221k$326k$431k$535k201620182020202220242026

Lifestyle scores

🚶
Walkability
64/100
Somewhat walkable
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
30/100
Minimal transit
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
81/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,485/mo$1,074$1,324$1,574202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent126130100120202220242026

Rent vs buy

Price-to-rent ratio: 28.6
Rent

At a 28.6 price-to-rent ratio, renting beats buying in Orem for most shorter holds. The premium you pay to own would take many years of rent savings to recoup, and that's before maintenance, taxes, and opportunity cost on the down payment.

How the momentum score breaks down

methodology →
Home YoY
67 · w22%
Home 5-yr CAGR
63 · w22%
Distance from peak
84 · w18%
Population growth
39 · w16%
Rent YoY
73 · w12%
Home 10-yr CAGR
81 · w10%
Long thesis

Orem has held up across the cycle: home values at $509,396 with +4.7% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Orem's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Orem

Orem is a city in Utah County, Utah, with an estimated population of 96,646. It anchors the Provo-Orem metro area. The median home value in Orem is $509,396 as of 2026-04, up 3.4% over the last 12 months. Over the last five years, home values have averaged +4.7% annual growth, with prices at or near the 5-year peak. Rents in Orem average $1,485 per month, up 4.3% year-over-year. The composite momentum score is 67 of 100 (Rising). The market is healthy with prices supported by underlying demand.

▲ Bull case

●Quiet strength: +3.4% over the trailing year — not a melt-up, but the market is bid.
●Held the highs: currently -1.0% from the 5-year peak — this market refused to give back gains.

▼ Bear case

●Flat or shrinking population: -0.4% per year. Housing demand has to come from somewhere — verify the source.
○Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Orem (Wikipedia)

Orem is a city in Utah County, Utah, United States, in the north central part of the state. It is adjacent to Provo, Lindon, and Vineyard and is approximately 45 miles (72 km) south of Salt Lake City.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

City facts

MayorKaren McCandless
Area18.57 sq mi
Elevation4767 ft
Settled1877
NicknameFamily City USA
Density5267.22/sq mi
Named forWalter C. Orem

Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for Utah County right now.

NWS active alerts (UT)Utah Emergency ManagementHow to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. Utah County routes NWS alerts; check the state EM portal for non-weather emergencies.

Neighborhoods of Orem

22 tracked · ranked by median home value
1Heatheridge$697,539+2.8%
2Canyon View$663,503+5.3%
3Northridge$587,020+1.0%
4Cascade$586,004+5.0%
5Orchard$584,426+3.7%
6Sharon$580,039+4.6%
7Sunset Heights East$563,840+4.4%
8Windsor$562,073+2.6%
9Orem$543,071+3.5%
10Hillcrest$539,588+2.3%
11Stonewood$520,429+2.0%
12Orem Park$519,795+4.3%
13Sunset Heights West$490,780+0.7%
14Timpview$487,022+3.9%
15Lakeridge$485,030+2.2%
16Orem North$482,194+4.5%
17Aspen$473,546+4.2%
18Cherry Hill$465,139+3.3%
19Suncrest$440,709+1.8%
20Sharon Park$436,737+1.4%
21Geneva Heights$432,373+2.9%
22Lakeview$420,999+1.9%

Cities like Orem

Bountiful, UT65 · RisingMillcreek, UT63 · RisingPleasant Grove, UT66 · RisingHolladay, UT64 · Rising

Run the numbers for Orem

ToolCan I afford Orem?Income → city shortlistToolROI on a Orem rentalCap rate, cash-on-cash, DSCRToolCompare Orem to anywhereSide-by-side up to 3 citiesToolOrem cost-of-livingEquivalent income elsewhere

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
36° / 20°
avg high / low
Summer (Jul)
92° / 64°
avg high / low
Sunny days/yr
226
~62% of year
Annual precip
12″ rain
53″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
Very low
Wildfire
High
Earthquake
Moderate
Flood
Low

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Orem listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local sports teams

Major professional teams the Provo-Orem area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Local economy & environment

Humidity
51%
Dry climate
Median household income
$89,100
Utah state median
Top industries (state-level)
Tech (SL Valley)HealthcareTourism

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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