The Provo housing market is somewhat competitive. Homes in Provo receive 3 offers on average and sell in around 40 days. The median sale price of a home in Provo was $425K last month, down 5.5% since last year. The median sale price per square foot in Provo is $243, up 4.5% since last year.
In February 2025, Provo home prices were down 5.5% compared to last year, selling for a median price of $425K. On average, homes in Provo sell after 40 days on the market compared to 39 days last year. There were 63 homes sold in February this year, up from 60 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$425,000
-5.5% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Provo, UT
$425,000
-5.5%
United States
To compare other locations to the Provo and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Provo's median sale price is 21% higher than the national average. Overall cost of living in Provo is 2% higher than the national average. Learn which home features in Provo add value to a home.
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How hot is the Provo housing market?
Provo is somewhat competitive. Homes sell in 26 days.
0
100
68
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 26 days.
Hot homes
can sell for about 1% above list price and go pending in around 8 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Provo
Explore recent offers and recently sold homes in Provo
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Provo housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Provo.
Flood Factor - Moderate
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Provo has a moderate risk of flooding. 3,586 properties in Provo are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in Provo. Flood risk is increasing slower than the national average.
87% of properties are at risk of wildfire over the next 30 years
Fire Factor
Provo has a major risk of wildfire. There are 23,782 properties in Provo that have some risk of being affected by wildfire over the next 30 years. This represents 87% of all properties in Provo.