PROVO - OREM Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Provo - Orem averaged 6.57% for the week of 2024-06-06, compared to the national average of 6.99% for the same period.

The average rate for the prior week (2024-05-30) was 6.71% and one month ago for the week of 2024-05-02, the average rate was 7%.

Provo - Orem's average rate one year ago was 6.67%.

For refis of the same type during the week of 2024-06-06, the average rate was 7.22%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-06-06 6.99%
Provo - Orem 30 Year Fixed Rate 2024-06-06 6.57%
Provo - Orem 30 Year Fixed Rate Refi 2024-06-06 7.22%
Provo - Orem 15 Year Fixed Rate 2024-06-06 6.32%
Provo - Orem 15 Year Fixed Rate Refi 2024-06-06 6.19%
Provo - Orem 30 Year FHA 2024-06-06 6.3%
Provo - Orem 30 Year FHA Refi 2024-06-06 6.59%
Provo - Orem 30 Year USDA 2024-06-06 6.5%
Provo - Orem 30 Year USDA Refi 2024-06-06 6.5%
Provo - Orem 30 Year VA 2024-06-06 5.93%
Provo - Orem 30 Year VA Refi 2024-06-06 6.19%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within PROVO-OREM, UT.

PROVO - OREM Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the PROVO-OREM, UT market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 1,145 6.59% $8,357
FIRST COLONY MORTGAGE CORPORATION 850 6.48% $9,746
DHI MORTGAGE COMPANY, LTD. 548 6.10% $2,731
INTERCAP LENDING INC. 314 6.73% $8,671
QUICKEN LOANS, LLC 308 6.63% $8,899
EAGLE HOME MORTGAGE, LLC 225 5.24% $6,370
SECURITYNATIONAL MORTGAGE COMPANY 199 6.83% $10,889
MY MOVE MORTGAGE, LLC 194 6.16% $6,208
ACADEMY MORTGAGE CORPORATION 193 6.85% $8,922
UTAH COMMUNITY 169 6.41% $6,821
SECURITY HOME MORTGAGE, LLC. 161 6.73% $8,780
HOMEAMERICAN MORTGAGE CORPORATION 87 5.98% $1,600
CANOPY MORTGAGE, LLC 72 6.73% $10,567
Wells Fargo Bank 70 5.53% $5,475
MOUNTAIN AMERICA 67 6.37% $7,183
PROVIDENT FUNDING ASSOCIATES, L.P. 62 6.29% $6,327
GUARANTEED RATE, INC. 61 6.61% $7,971
Zions Bank 52 6.24% $4,952
NEWREZ LLC 52 6.84% $8,250
CARDINAL FINANCIAL 50 6.77% $9,898
VERITAS FUNDING, LLC 47 6.61% $10,740
CROSSCOUNTRY MORTGAGE, LLC 46 6.87% $8,728
Century Mortgage Company DBA Century Lending Company 43 6.62% $8,353
CITYWIDE HOME LOANS, LLC 42 6.35% $8,540
SECURITY SERVICE 41 6.15% $18,653
U.S. Bank 41 6.37% $10,404
PENNYMAC LOAN SERVICES, LLC 40 6.54% $7,655
JPMorgan Chase Bank 39 6.39% $7,582
NEST HOME LENDING, LLC 38 5.59% $11,275
INSPIRE HOME LOANS INC. 36 5.90% $4,696
DIRECT MORTGAGE, CORP. 35 6.50% $11,685
RANLIFE, INC. 35 6.95% $10,129
The Loan Store, Inc. 35 6.91% $7,493
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 31 6.57% $6,149
CASTLE & COOKE MORTGAGE, LLC 30 6.79% $10,608
HOMESIDE FINANCIAL, LLC 30 6.87% $8,558
AXIA FINANCIAL, LLC 29 6.55% $10,587
NATIONS RELIABLE LENDING, LLC 29 6.09% $9,299
AMERICAN PACIFIC MORTGAGE CORPORATION 28 6.77% $8,836
Utah Mortgage Loan Corporation 26 6.75% $6,321
CMG MORTGAGE, INC. 25 6.19% $9,328
BROKER SOLUTIONS, INC. 25 6.79% $8,242
GUILD MORTGAGE COMPANY 25 6.80% $11,765
Sierra Pacific Mortgage Company, Inc. 24 6.56% $7,582
KeyBank 20 6.03% $7,990
Northpointe Bank 20 6.29% $8,152
AMERICA FIRST 20 6.46% $8,307
Plains Commerce Bank 19 6.72% $8,321
PRIMARY RESIDENTIAL MORTGAGE, INC. 18 6.85% $9,953
Glacier Bank 18 6.59% $16,499
The Huntington National Bank 17 6.43% $7,436
LOANDEPOT.COM, LLC 16 6.55% $6,008
Citibank 16 5.05% $8,044
Deseret First Credit Union 16 6.65% $6,089
FLAT BRANCH MORTGAGE, INC. 16 6.71% $8,356
Bank of America 16 6.23% $6,090
Morgan Stanley Private Bank 15 5.91% $4,543
SUN AMERICAN MORTGAGE COMPANY 15 6.61% $4,858
Paramount Residential Mortgage Group, Inc. 15 7.03% $8,231
ARK-LA-TEX FINANCIAL SERVICES, LLC. 15 7.01% $7,388
Mr. Cooper ( Nationstar Mortgage ) 14 6.43% $9,703
CHARTWAY FEDERAL CREDIT UNION 14 6.13% $9,040
CHURCHILL MORTGAGE CORPORATION 13 7.18% $5,985
GUARANTEED RATE AFFINITY, LLC 13 7.04% $6,184
BAY EQUITY LLC 13 6.52% $8,260
CYPRUS Federal Credit Union 12 6.55% $6,403
University First Federal Credit Union 11 6.16% $8,767
PRIMELENDING, A PLAINSCAPITAL COMPANY 11 6.68% $11,516
ARC HOME LLC 11 7.77% $10,002
Washington Federal Bank 11 6.20% $19,306
LENDSURE MORTGAGE CORP. 11 8.41% $16,204
BMO Harris Bank 10 5.88% $7,165
TBI MORTGAGE COMPANY 10 5.70% $9,180
AMERISAVE MORTGAGE CORPORATION 9 6.25% $18,334
Ameris Bank 9 6.24% $5,675
Citadel Servicing Corporation 9 8.69% $26,668
American Mortgage & Equity Consultants, Inc. 9 6.98% $9,742
DEEPHAVEN MORTGAGE LLC 8 7.80% $13,584
NBKC BANK 7 6.43% $4,076
Network Funding, L.P. 7 6.89% $9,142
HOMEXPRESS MORTGAGE CORP. 7 8.54% $14,870
NEXERA HOLDING LLC 7 9.16% $24,272
Flagstar Bank, FSB 7 6.58% $5,688
Cornerstone First Mortgage, Inc 7 6.84% $12,161
GRANITE FEDERAL CREDIT UNION 7 7.09% $6,616
NBH Bank 7 7.17% $5,363
NATIONS DIRECT MORTGAGE, LLC 6 7.06% $11,432
AMERICAN FINANCING CORPORATION 6 6.56% $8,802
First National Bank of America 6 9.90% $15,612
PHH Mortgage Corporation 5 6.42% $8,622
OCMBC, INC. 5 9.12% $17,831
CLM MORTGAGE, INC 5 6.80% $4,414
PLAZA HOME MORTGAGE, INC. 5 6.82% $11,950
Cache Valley Bank 5 6.48% $8,517
S1L, Inc. 5 7.12% $7,221
Bank of Utah 5 6.13% $8,886
NAVY FEDERAL CREDIT UNION 5 5.90% $2,859
UNION HOME MORTGAGE CORP. 5 7.30% $11,761
FREEDOM MORTGAGE CORPORATION 4 6.75% $10,779
FBC MORTGAGE, LLC 4 5.28% $3,817
MidFirst Bank 4 6.06% $26,103
MORTGAGEONE, INC. 4 6.59% $5,121
PACIFIC RESIDENTIAL MORTGAGE, LLC 4 7.59% $12,050
BELEM SERVICING LLC 3 7.38% $12,580
MUTUAL OF OMAHA MORTGAGE, INC. 3 5.83% $7,726
VAN DYK MORTGAGE CORPORATION 3 6.50% $7,293
AMERICAN FINANCIAL NETWORK, INC. 3 7.25% $47,591
Charles Schwab Bank, SSB 3 6.31% $3,013
RBC Bank, (Georgia) 3 6.50% $2,736
SIRVA MORTGAGE, INC. 3 5.63% $283
ONY GLO, INC. 3 6.75% $4,109
IDAHO CENTRAL 3 6.17% $4,910
UBS Bank USA 3 5.67% $18,225
GOLDENWEST 3 6.83% $8,528
Goldwater Bank, N.A. 2 6.50% $9,843
Farmers Bank & Trust 2 6.50% $5,998
BETTER MORTGAGE CORPORATION 2 6.88% $2,196
Utah Power 2 5.00% $6,384
Ally Bank 2 5.94% $4,800
BEEHIVE 2 6.25% $5,192
Mortgage Research Center, LLC 2 6.56% $9,745
PLANET HOME LENDING, LLC 2 5.69% $13,284
Stifel Bank and Trust 2 6.81% $2,511
Encompass Lending Group, LP 2 6.75% $5,449
PNC Bank 2 7.38% $3,458
A&D Mortgage LLC 2 5.88% $8,575
MASON MCDUFFIE MORTGAGE CORPORATION 2 6.19% $8,767
The Central Trust Bank 2 6.56% $8,140
MOVEMENT MORTGAGE, LLC 2 6.49% $7,796
Evolve Bank & Trust 2 6.81% $4,823
First Federal Bank 2 6.56% $3,492
EVERETT FINANCIAL, INC. 2 7.25% $7,934
NexBank 2 7.44% $3,624
Grand Bank for Savings, FSB 2 8.63% $10,427
Regions Bank 1 6.75% $4,515
First Savings Bank 1 5.38% $14,155
BNC National Bank 1 5.88% $2,847
STANFORD Federal Credit Union 1 5.75% $3,909
STAR ONE CREDIT UNION 1 5.50% $3,021
State Bank of Southern Utah 1 6.38% $4,173
GSF Mortgage Corporation 1 5.99% $2,448
SUN WEST MORTGAGE COMPANY, INC. 1 7.88% $12,610
SWBC MORTGAGE CORPORATION 1 6.75% $4,627
TEACHERS 1 5.50% $5,911
The Federal Savings Bank 1 8.00% $8,839
Bank of England 1 7.25% $4,738
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 9.38% $19,132
THRIVE MORTGAGE, LLC 1 6.50% $5,380
Toyota Financial Savings Bank 1 7.75% $3,971
Truist 1 6.38% $3,139
Grand Valley Bank 1 7.49% $7,308
USAA Federal Savings Bank 1 7.38% $6,886
AmeriHome Mortgage Company, LLC 1 6.88% $4,298
LENOX FINANCIAL MORTGAGE CORPORATION 1 7.00% $19,061
Watermark Capital, Inc. 1 5.99% $10,337
ADVANCIAL 1 6.13% $12,125
Western State Bank 1 6.70% $34,803
LADERA LENDING, INC. 1 6.99% $9,310
LAKEVIEW LOAN SERVICING, LLC 1 6.99% $8,206
GMFS LLC 1 8.25% $4,712
EMBRACE HOME LOANS, INC. 1 6.38% $3,705
LOANPAL, LLC 1 6.38% $7,208
MID AMERICA MORTGAGE, INC. 1 7.13% $3,334
WINGS FINANCIAL 1 4.88% $3,797
Discover Bank 1 6.99% $0
ZILLOW HOME LOANS, LLC 1 6.13% $4,007
KINECTA 1 5.63% $9,988
CUSTOMER SERVICE MORTGAGE CORPORATION 1 7.50% $8,216
CRESCENT MORTGAGE COMPANY 1 6.25% $9,073
Equity Prime Mortgage LLC 1 6.25% $15,517
Jordan Federal Credit Union 1 6.49% $2,549
JMAC LENDING, INC. 1 5.63% $6,329
Ixonia Bank 1 7.25% $10,316
COMMUNITYAMERICA 1 6.88% $2,978
Commerce Home Mortgage, Inc. 1 9.38% $18,560
NFM, INC. 1 7.63% $9,091
HSBC BANK USA, NATIONAL ASSOCIATION 1 7.57% $3,916
GENEVA FINANCIAL, LLC 1 6.50% $15,475
Paramount Bank 1 7.13% $3,249
Hometown Equity Mortgage, LLC 1 7.50% $6,957
Cincinnati Federal 1 7.75% $2,967
PENTAGON FEDERAL CREDIT UNION 1 6.13% $2,129
First-Citizens Bank & Trust Company 1 4.75% $5,896
Pinnacle Bank 1 6.63% $2,760
Chicago Mortgage Solutions LLC 1 5.63% $8,365
Heritage Bank 1 6.00% $4,209
PREMIA MORTGAGE, LLC 1 7.00% $653
CHERRY CREEK MORTGAGE, LLC 1 6.88% $1,000
Carrington Mortgage Services, LLC 1 6.50% $8,136
CALCON MUTUAL MORTGAGE LLC 1 11.13% $58,765

PROVO - OREM Average Closing Costs & Other Stats

PROVO-OREM, UT's 190 lenders originated 17,335 loans during 2023. The total origination value was $6,086,205,000, with an average loan value of $351,093.

PROVO - OREM's average closing costs are $5,911.

The top PROVO - OREM lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 1,145 loans originated. Their average total fees are $8,357, which is $1,388 lower than the next largest lender, FIRST COLONY MORTGAGE CORPORATION.

The lowest fee PROVO - OREM lenders (with over 10 loans originated) are HOMEAMERICAN MORTGAGE CORPORATION ($1,600), DHI MORTGAGE COMPANY, LTD. ($2,731), Morgan Stanley Private Bank ($4,543), INSPIRE HOME LOANS INC. ($4,696) and SUN AMERICAN MORTGAGE COMPANY ($4,858).

The lowest rate PROVO - OREM lenders (with over 10 loans originated) are Citibank (5.05%), EAGLE HOME MORTGAGE, LLC (5.24%), Wells Fargo Bank (5.53%), NEST HOME LENDING, LLC (5.59%) and TBI MORTGAGE COMPANY (5.70%).

PROVO-OREM, UT Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
UNITED WHOLESALE MORTGAGE, LLC $1,046,770,000 $796,180,000 -23.9% 13.1%
FIRST COLONY MORTGAGE CORPORATION $782,500,000 $486,440,000 -37.8% 8.0%
DHI MORTGAGE COMPANY, LTD. $355,815,000 $350,730,000 -1.4% 5.8%
MOUNTAIN AMERICA $571,250,000 $275,825,000 -51.7% 4.5%
INTERCAP LENDING INC. $400,870,000 $253,245,000 -36.8% 4.2%
UTAH COMMUNITY $342,440,000 $238,220,000 -30.4% 3.9%
AMERICA FIRST $364,160,000 $235,475,000 -35.3% 3.9%
QUICKEN LOANS, LLC $308,130,000 $191,965,000 -37.7% 3.2%
SECURITYNATIONAL MORTGAGE COMPANY $427,475,000 $172,415,000 -59.7% 2.8%
ACADEMY MORTGAGE CORPORATION $143,480,000 $143,180,000 -0.2% 2.4%
SECURITY SERVICE $160,440,000 $140,660,000 -12.3% 2.3%
WALKER & DUNLOP, LLC $121,410,000 n/a 2.0%
EAGLE HOME MORTGAGE, LLC $72,375,000 $120,960,000 67.1% 2.0%
SECURITY HOME MORTGAGE, LLC. $224,980,000 $116,475,000 -48.2% 1.9%
Zions Bank $335,530,000 $112,195,000 -66.6% 1.8%
MY MOVE MORTGAGE, LLC $134,585,000 $104,930,000 -22.0% 1.7%
NORTHMARQ CAPITAL FINANCE, L.L.C. $78,375,000 n/a 1.3%
Central Bank $67,365,000 $71,770,000 6.5% 1.2%
U.S. Bank $128,850,000 $64,465,000 -50.0% 1.1%
HOMEAMERICAN MORTGAGE CORPORATION $82,820,000 $61,380,000 -25.9% 1.0%
CBRE MULTIFAMILY CAPITAL, INC. $60,850,000 n/a 1.0%
JONES LANG LASALLE MULTIFAMILY, LLC $6,245,000 $57,205,000 816.0% 0.9%
NEWREZ LLC $24,245,000 $50,585,000 108.6% 0.8%
Wells Fargo Bank $158,495,000 $47,775,000 -69.9% 0.8%
CROSSCOUNTRY MORTGAGE, LLC $48,285,000 $44,025,000 -8.8% 0.7%
Century Mortgage Company DBA Century Lending Company $10,635,000 $43,335,000 307.5% 0.7%
CANOPY MORTGAGE, LLC $99,570,000 $41,935,000 -57.9% 0.7%
NEST HOME LENDING, LLC $84,550,000 $41,900,000 -50.4% 0.7%
JPMorgan Chase Bank $57,690,000 $40,670,000 -29.5% 0.7%
UMB Bank $39,950,000 n/a 0.7%
VERITAS FUNDING, LLC $76,900,000 $39,450,000 -48.7% 0.6%
GUARANTEED RATE, INC. $45,595,000 $38,070,000 -16.5% 0.6%
PENNYMAC LOAN SERVICES, LLC $67,930,000 $37,910,000 -44.2% 0.6%
CARDINAL FINANCIAL $77,020,000 $36,395,000 -52.7% 0.6%
AMWEST FUNDING CORP. $36,335,000 $33,445,000 -8.0% 0.5%
Glacier Bank $92,270,000 $31,490,000 -65.9% 0.5%
CITYWIDE HOME LOANS, LLC $84,700,000 $29,745,000 -64.9% 0.5%
Plains Commerce Bank $37,185,000 $29,525,000 -20.6% 0.5%
Citibank $5,725,000 $28,710,000 401.5% 0.5%
PROVIDENT FUNDING ASSOCIATES, L.P. $53,600,000 $28,660,000 -46.5% 0.5%
INSPIRE HOME LOANS INC. $41,120,000 $27,995,000 -31.9% 0.5%
RANLIFE, INC. $51,785,000 $26,570,000 -48.7% 0.4%
DIRECT MORTGAGE, CORP. $51,740,000 $26,190,000 -49.4% 0.4%
Bank of America $25,095,000 $25,055,000 -0.2% 0.4%
CASTLE & COOKE MORTGAGE, LLC $32,205,000 $24,985,000 -22.4% 0.4%
Northpointe Bank $20,540,000 $24,680,000 20.2% 0.4%
AXIA FINANCIAL, LLC $32,650,000 $23,525,000 -27.9% 0.4%
UTAH FIRST $40,225,000 $23,505,000 -41.6% 0.4%
NATIONS RELIABLE LENDING, LLC $23,125,000 n/a 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $54,170,000 $22,995,000 -57.6% 0.4%
AMERICAN PACIFIC MORTGAGE CORPORATION $28,110,000 $22,850,000 -18.7% 0.4%
KeyBank $88,545,000 $22,565,000 -74.5% 0.4%
CYPRUS Federal Credit Union $58,070,000 $20,050,000 -65.5% 0.3%
BROKER SOLUTIONS, INC. $41,285,000 $20,020,000 -51.5% 0.3%
Morgan Stanley Private Bank $25,845,000 $18,185,000 -29.6% 0.3%
Deseret First Credit Union $62,360,000 $17,945,000 -71.2% 0.3%
GOLDENWEST $42,495,000 $17,545,000 -58.7% 0.3%
GUILD MORTGAGE COMPANY $33,585,000 $17,195,000 -48.8% 0.3%
Paramount Residential Mortgage Group, Inc. $13,510,000 $17,130,000 26.8% 0.3%
M&T Realty Capital Corporation $16,735,000 n/a 0.3%
Citadel Servicing Corporation $12,525,000 $16,660,000 33.0% 0.3%
CMG MORTGAGE, INC. $33,850,000 $16,535,000 -51.2% 0.3%
The Huntington National Bank $8,105,000 $16,255,000 100.6% 0.3%
HOMESIDE FINANCIAL, LLC $33,685,000 $16,245,000 -51.8% 0.3%
University First Federal Credit Union $17,240,000 $15,175,000 -12.0% 0.2%
The Loan Store, Inc. $865,000 $15,110,000 1,646.8% 0.2%
LOANDEPOT.COM, LLC $88,485,000 $14,420,000 -83.7% 0.2%
Washington Federal Bank $129,215,000 $14,050,000 -89.1% 0.2%
NBH Bank $64,495,000 $13,695,000 -78.8% 0.2%
Sierra Pacific Mortgage Company, Inc. $23,030,000 $13,525,000 -41.3% 0.2%
PRIMARY RESIDENTIAL MORTGAGE, INC. $36,205,000 $12,665,000 -65.0% 0.2%
Mortgage Research Center, LLC $11,500,000 $12,635,000 9.9% 0.2%
Utah Mortgage Loan Corporation $25,780,000 $12,395,000 -51.9% 0.2%
FREEDOM MORTGAGE CORPORATION $34,400,000 $10,700,000 -68.9% 0.2%
BMO Harris Bank $2,465,000 $10,685,000 333.5% 0.2%
Mr. Cooper ( Nationstar Mortgage ) $39,995,000 $10,425,000 -73.9% 0.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $930,000 $9,835,000 957.5% 0.2%
Bank of Utah $33,555,000 $9,425,000 -71.9% 0.2%
FLAT BRANCH MORTGAGE, INC. $9,205,000 n/a 0.2%
Flagstar Bank, FSB $28,750,000 $9,195,000 -68.0% 0.2%
GUARANTEED RATE AFFINITY, LLC $37,180,000 $9,025,000 -75.7% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $18,035,000 $8,965,000 -50.3% 0.1%
Arbor Realty Trust, Inc. $8,795,000 n/a 0.1%
LENDSURE MORTGAGE CORP. $11,000,000 $8,235,000 -25.1% 0.1%
HOMEXPRESS MORTGAGE CORP. $5,245,000 $7,945,000 51.5% 0.1%
NEXERA HOLDING LLC $5,745,000 $7,920,000 37.9% 0.1%
Discover Bank $5,020,000 $7,780,000 55.0% 0.1%
SUN AMERICAN MORTGAGE COMPANY $26,885,000 $7,620,000 -71.7% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $7,615,000 n/a 0.1%
TBI MORTGAGE COMPANY $7,455,000 $7,420,000 -0.5% 0.1%
Alpine Credit Union $12,950,000 $7,195,000 -44.4% 0.1%
American Mortgage & Equity Consultants, Inc. $275,000 $7,190,000 2,514.5% 0.1%
DEEPHAVEN MORTGAGE LLC $605,000 $7,135,000 1,079.3% 0.1%
BAY EQUITY LLC $7,690,000 $6,960,000 -9.5% 0.1%
FINANCE OF AMERICA REVERSE LLC $9,600,000 $6,860,000 -28.5% 0.1%
NAVY FEDERAL CREDIT UNION $9,760,000 $6,855,000 -29.8% 0.1%
CHARTWAY FEDERAL CREDIT UNION $1,825,000 $6,770,000 271.0% 0.1%
OCMBC, INC. $2,345,000 $6,530,000 178.5% 0.1%
LONGBRIDGE FINANCIAL, LLC $13,970,000 $6,520,000 -53.3% 0.1%
VILLAGE CAPITAL MORTGAGE $3,905,000 $6,340,000 62.4% 0.1%
Cache Valley Bank $9,540,000 $6,160,000 -35.4% 0.1%
CHURCHILL MORTGAGE CORPORATION $2,035,000 $5,980,000 193.9% 0.1%
Cornerstone First Mortgage, Inc $580,000 $5,970,000 929.3% 0.1%
The Federal Savings Bank $5,740,000 $5,935,000 3.4% 0.1%
GRANITE FEDERAL CREDIT UNION $11,335,000 $5,840,000 -48.5% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $11,705,000 $5,775,000 -50.7% 0.1%
Figure Lending LLC $5,665,000 n/a 0.1%
NBKC BANK $15,525,000 $5,625,000 -63.8% 0.1%
AMERISAVE MORTGAGE CORPORATION $65,845,000 $5,565,000 -91.5% 0.1%
PLAZA HOME MORTGAGE, INC. $6,310,000 $5,345,000 -15.3% 0.1%
MidFirst Bank $5,310,000 n/a 0.1%
Network Funding, L.P. $23,135,000 $5,285,000 -77.2% 0.1%
ALLIANT CREDIT UNION $6,420,000 $5,275,000 -17.8% 0.1%
PNC Bank $11,915,000 $4,830,000 -59.5% 0.1%
ARC HOME LLC $1,745,000 $4,760,000 172.8% 0.1%
HomeTrust Bank $3,280,000 $4,680,000 42.7% 0.1%
UBS Bank USA $4,665,000 n/a 0.1%
PHH Mortgage Corporation $17,095,000 $4,645,000 -72.8% 0.1%
PACIFIC RESIDENTIAL MORTGAGE, LLC $7,210,000 $4,210,000 -41.6% 0.1%
UNION HOME MORTGAGE CORP. $5,310,000 $4,150,000 -21.8% 0.1%
Fortis Private Bank $9,490,000 $4,140,000 -56.4% 0.1%
Ameris Bank $4,125,000 n/a 0.1%
PLANET HOME LENDING, LLC $1,225,000 $3,905,000 218.8% 0.1%
MORTGAGEONE, INC. $7,855,000 $3,800,000 -51.6% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $4,760,000 $3,625,000 -23.8% 0.1%
NATIONS DIRECT MORTGAGE, LLC $2,980,000 $3,600,000 20.8% 0.1%
Commerce Home Mortgage, Inc. $7,090,000 $3,535,000 -50.1% 0.1%
AMERICAN FINANCING CORPORATION $17,315,000 $3,445,000 -80.1% 0.1%
Carrington Mortgage Services, LLC $7,785,000 $3,435,000 -55.9% 0.1%
CLM MORTGAGE, INC $3,230,000 n/a 0.1%
S1L, Inc. $13,040,000 $3,140,000 -75.9% 0.1%
Charles Schwab Bank, SSB $5,920,000 $3,105,000 -47.6% 0.1%
CALCON MUTUAL MORTGAGE LLC $3,780,000 $3,045,000 -19.4% 0.1%
First National Bank of America $2,670,000 $2,870,000 7.5% 0.0%
Western State Bank $2,805,000 n/a 0.0%
Coastal Community Bank $2,765,000 n/a 0.0%
SourceOne Financial, Inc. $2,425,000 $2,755,000 13.6% 0.0%
GMFS LLC $1,485,000 $2,740,000 84.5% 0.0%
ORIX REAL ESTATE CAPITAL, LLC $2,625,000 n/a 0.0%
USAA Federal Savings Bank $5,510,000 $2,515,000 -54.4% 0.0%
Hometown Equity Mortgage, LLC $2,605,000 $2,475,000 -5.0% 0.0%
Alaska USA Federal Credit Union $2,445,000 n/a 0.0%
Logan Finance Corporation $4,030,000 $2,320,000 -42.4% 0.0%
SIRVA MORTGAGE, INC. $455,000 $2,215,000 386.8% 0.0%
FBC MORTGAGE, LLC $2,070,000 n/a 0.0%
VAN DYK MORTGAGE CORPORATION $3,535,000 $2,055,000 -41.9% 0.0%
DOMINION FINANCIAL SERVICES, LLC $2,045,000 n/a 0.0%
BETTER MORTGAGE CORPORATION $19,320,000 $2,015,000 -89.6% 0.0%
MID AMERICA MORTGAGE, INC. $1,040,000 $2,010,000 93.3% 0.0%
AMERICAN UNITED FAMILY OF CREDIT UN $1,835,000 $1,955,000 6.5% 0.0%
Barrington Bank & Trust Company, N.A. $1,550,000 $1,815,000 17.1% 0.0%
First Savings Bank $4,085,000 $1,805,000 -55.8% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $2,505,000 $1,805,000 -27.9% 0.0%
TEACHERS $1,805,000 n/a 0.0%
SPRING EQ, LLC $7,775,000 $1,730,000 -77.7% 0.0%
EVERETT FINANCIAL, INC. $21,165,000 $1,710,000 -91.9% 0.0%
BELEM SERVICING LLC $8,705,000 $1,700,000 -80.5% 0.0%
Encompass Lending Group, LP $1,585,000 n/a 0.0%
Evolve Bank & Trust $640,000 $1,525,000 138.3% 0.0%
21ST MORTGAGE CORPORATION $1,960,000 $1,505,000 -23.2% 0.0%
CANVAS CREDIT UNION $1,500,000 n/a 0.0%
RBC Bank, (Georgia) $1,495,000 n/a 0.0%
First Federal Bank $425,000 $1,425,000 235.3% 0.0%
Utah Power $2,835,000 $1,390,000 -51.0% 0.0%
KINECTA $1,380,000 n/a 0.0%
The Central Trust Bank $4,510,000 $1,375,000 -69.5% 0.0%
M&T Bank $460,000 $1,360,000 195.7% 0.0%
LADERA LENDING, INC. $690,000 $1,260,000 82.6% 0.0%
MOVEMENT MORTGAGE, LLC $3,555,000 $1,220,000 -65.7% 0.0%
Truist $2,205,000 $1,190,000 -46.0% 0.0%
PENTAGON FEDERAL CREDIT UNION $11,235,000 $1,155,000 -89.7% 0.0%
Baxter Credit Union $1,660,000 $1,150,000 -30.7% 0.0%
GENEVA FINANCIAL, LLC $3,065,000 $1,150,000 -62.5% 0.0%
ONY GLO, INC. $405,000 $1,135,000 180.2% 0.0%
BEEHIVE $1,305,000 $1,115,000 -14.6% 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $565,000 $1,105,000 95.6% 0.0%
First-Citizens Bank & Trust Company $3,550,000 $1,015,000 -71.4% 0.0%
GEORGIA'S OWN $4,910,000 $1,000,000 -79.6% 0.0%
Watermark Capital, Inc. $5,795,000 $990,000 -82.9% 0.0%
Goldwater Bank, N.A. $980,000 n/a 0.0%
Heritage Bank $975,000 n/a 0.0%
ZILLOW HOME LOANS, LLC $975,000 n/a 0.0%
CHERRY CREEK MORTGAGE, LLC $10,525,000 $910,000 -91.4% 0.0%
Equity Prime Mortgage LLC $1,300,000 $910,000 -30.0% 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $905,000 n/a 0.0%
Farmers Bank & Trust $445,000 $890,000 100.0% 0.0%
Wasatch Peaks Federal Credit Union $315,000 $885,000 181.0% 0.0%
ADVANCIAL $215,000 $840,000 290.7% 0.0%
Merchants Bank of Indiana $525,000 $825,000 57.1% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $17,460,000 $805,000 -95.4% 0.0%
GTE Federal Credit Union $1,830,000 $805,000 -56.0% 0.0%
IDAHO CENTRAL $1,610,000 $795,000 -50.6% 0.0%
Ally Bank $9,870,000 $750,000 -92.4% 0.0%
NexBank $1,650,000 $750,000 -54.5% 0.0%
CIVIC FINANCIAL SERVICES, LLC $3,270,000 $725,000 -77.8% 0.0%
Jordan Federal Credit Union $145,000 $725,000 400.0% 0.0%
Grand Bank for Savings, FSB $720,000 n/a 0.0%
PANORAMA MORTGAGE GROUP, LLC $11,215,000 $720,000 -93.6% 0.0%
State Bank of Southern Utah $1,355,000 $720,000 -46.9% 0.0%
STANFORD Federal Credit Union $315,000 $705,000 123.8% 0.0%
MASON MCDUFFIE MORTGAGE CORPORATION $690,000 n/a 0.0%
HighTechLending Inc $1,770,000 $680,000 -61.6% 0.0%
Service Federal Credit Union $680,000 n/a 0.0%
LOANPAL, LLC $11,870,000 $665,000 -94.4% 0.0%
THRIVE MORTGAGE, LLC $625,000 n/a 0.0%
Bank of England $1,370,000 $620,000 -54.7% 0.0%
SOVEREIGN LENDING GROUP INCORPORATED $1,410,000 $615,000 -56.4% 0.0%
WINGS FINANCIAL $445,000 $615,000 38.2% 0.0%
AmeriHome Mortgage Company, LLC $3,115,000 $605,000 -80.6% 0.0%
Bethpage Federal Credit Union $105,000 $605,000 476.2% 0.0%
SWBC MORTGAGE CORPORATION $1,790,000 $595,000 -66.8% 0.0%
JMAC LENDING, INC. $585,000 n/a 0.0%
Regions Bank $555,000 n/a 0.0%
Toyota Financial Savings Bank $565,000 $555,000 -1.8% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $4,260,000 $555,000 -87.0% 0.0%
LAKEVIEW LOAN SERVICING, LLC $9,390,000 $540,000 -94.2% 0.0%
BNC National Bank $4,970,000 $525,000 -89.4% 0.0%
PREMIA MORTGAGE, LLC $940,000 $525,000 -44.1% 0.0%
University Bank $525,000 n/a 0.0%
Chicago Mortgage Solutions LLC $10,785,000 $515,000 -95.2% 0.0%
COMMUNITYAMERICA $515,000 n/a 0.0%
CRESCENT MORTGAGE COMPANY $1,040,000 $505,000 -51.4% 0.0%
CITY FIRST MORTGAGE SERVICES, L.L.C. $1,815,000 $485,000 -73.3% 0.0%
Grand Valley Bank $455,000 $485,000 6.6% 0.0%
GoPrime Mortgage, Inc. $475,000 n/a 0.0%
A&D Mortgage LLC $470,000 n/a 0.0%
Stifel Bank and Trust $1,195,000 $450,000 -62.3% 0.0%
NORTHROP GRUMMAN Federal Credit Union $335,000 $445,000 32.8% 0.0%
HSBC BANK USA, NATIONAL ASSOCIATION $615,000 $425,000 -30.9% 0.0%
Magnolia Bank $2,350,000 $425,000 -81.9% 0.0%
NFM, INC. $1,275,000 $425,000 -66.7% 0.0%
ON Q FINANCIAL, INC. $425,000 n/a 0.0%
Pinnacle Bank $425,000 n/a 0.0%
ALAMEDA MORTGAGE CORPORATION $415,000 $415,000 0.0% 0.0%
Cincinnati Federal $415,000 n/a 0.0%
LAND HOME FINANCIAL SERVICES, INC. $415,000 n/a 0.0%
EMBRACE HOME LOANS, INC. $1,105,000 $405,000 -63.3% 0.0%
STAR ONE CREDIT UNION $1,875,000 $405,000 -78.4% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $1,250,000 $395,000 -68.4% 0.0%
Gateway First Bank $18,060,000 $395,000 -97.8% 0.0%
State Department Federal Credit Union $275,000 $390,000 41.8% 0.0%
Nations Lending Corporation $2,070,000 $375,000 -81.9% 0.0%
CORNERSTONE HOME LENDING, INC. $5,100,000 $365,000 -92.8% 0.0%
BENCH EQUITY L.L.C. $295,000 $355,000 20.3% 0.0%
JMJ FINANCIAL GROUP $2,260,000 $355,000 -84.3% 0.0%
Old Missouri Bank $355,000 n/a 0.0%
IDAHO STATE UNIVERSITY $345,000 n/a 0.0%
SUMMIT FUNDING, INC. $730,000 $345,000 -52.7% 0.0%
CUSTOMER SERVICE MORTGAGE CORPORATION $325,000 n/a 0.0%
AMERICAN INTERNET MORTGAGE, INC. $4,165,000 $310,000 -92.6% 0.0%
D. L. Evans Bank $765,000 $305,000 -60.1% 0.0%
General Mortgage Capital Corporation $305,000 n/a 0.0%
MICHIGAN MUTUAL, INC. $1,075,000 $305,000 -71.6% 0.0%
Connexus Credit Union $280,000 n/a 0.0%
BP Federal Credit Union $255,000 n/a 0.0%
Paramount Bank $255,000 n/a 0.0%
FUNDLOANS CAPITAL $235,000 n/a 0.0%
Citizens Bank $1,945,000 $225,000 -88.4% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $225,000 n/a 0.0%
Ixonia Bank $435,000 $205,000 -52.9% 0.0%
OAKTREE FUNDING CORP. $485,000 $195,000 -59.8% 0.0%
GSF Mortgage Corporation $385,000 $175,000 -54.5% 0.0%
WEBER STATE FEDERAL CREDIT UNION $4,345,000 $115,000 -97.4% 0.0%
American Airlines Federal Credit Union $505,000 $85,000 -83.2% 0.0%
DIGITAL Federal Credit Union $1,530,000 $80,000 -94.8% 0.0%
Operating Engineers Local Union #3 $65,000 n/a 0.0%
Bank of the West $1,570,000 $45,000 -97.1% 0.0%
CHEVRON $1,105,000 $35,000 -96.8% 0.0%
FIRST TECHNOLOGY $1,705,000 $25,000 -98.5% 0.0%

PROVO - OREM's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 13.1% market share. In second place, with 8.0%, is FIRST COLONY MORTGAGE CORPORATION, having originated $486,440,000 in loans. In third place, with 5.8%, is DHI MORTGAGE COMPANY, LTD., having originated $350,730,000 in loans. In fourth place, with 4.5%, is MOUNTAIN AMERICA, having originated $275,825,000 in loans. In fifth place, with 4.2%, is INTERCAP LENDING INC., having originated $253,245,000 in loans.


PROVO - OREM Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - PROVO - OREM (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $370,411 (7.6%) $523,530 (5.2%) 1.37 1,467
2018-02-01 $383,425 (8.8%) $532,133 (4.0%) 1.39 1,406
2018-03-01 $393,000 (7.7%) $541,100 (2.5%) 1.38 1,402
2018-04-01 $395,090 (5.4%) $549,307 (2.3%) 1.34 1,512
2018-05-01 $398,950 (7.9%) $545,852 (2.1%) 1.33 1,678
2018-06-01 $399,810 (6.9%) $534,017 (0.5%) 1.33 1,911
2018-07-01 $398,900 (7.5%) $532,606 (3.4%) 1.33 1,923
2018-08-01 $398,238 (10.1%) $529,346 (5.4%) 1.33 2,006
2018-09-01 $389,950 (6.9%) $520,414 (5.6%) 1.31 2,091
2018-10-01 $387,055 (6.1%) $505,724 (0.8%) 1.31 2,291
2018-11-01 $380,975 (3.6%) $499,779 (-2.6%) 1.29 2,321
2018-12-01 $379,900 (3.0%) $494,576 (-4.2%) 1.31 2,218
2019-01-01 $381,400 (3.0%) $481,203 (-8.1%) 1.32 2,056
2019-02-01 $387,089 (1.0%) $477,634 (-10.2%) 1.31 2,028
2019-03-01 $395,843 (0.7%) $493,139 (-8.9%) 1.29 2,052
2019-04-01 $401,343 (1.6%) $513,318 (-6.6%) 1.27 2,101
2019-05-01 $399,000 (0.0%) $517,419 (-5.2%) 1.25 2,181
2019-06-01 $399,990 (0.1%) $526,718 (-1.4%) 1.25 2,278
2019-07-01 $407,220 (2.1%) $532,661 (0.0%) 1.27 2,311
2019-08-01 $405,027 (1.7%) $527,571 (-0.3%) 1.28 2,305
2019-09-01 $402,143 (3.1%) $521,785 (0.3%) 1.29 2,285
2019-10-01 $397,875 (2.8%) $512,963 (1.4%) 1.28 2,272
2019-11-01 $395,155 (3.7%) $514,908 (3.0%) 1.30 2,009
2019-12-01 $399,797 (5.2%) $526,964 (6.6%) 1.33 1,792
2020-01-01 $409,106 (7.3%) $526,596 (9.4%) 1.37 1,634
2020-02-01 $429,000 (10.8%) $549,361 (15.0%) 1.40 1,401
2020-03-01 $430,925 (8.9%) $560,647 (13.7%) 1.35 1,449
2020-04-01 $416,468 (3.8%) $510,586 (-0.5%) 1.30 1,834
2020-05-01 $426,990 (7.0%) $545,307 (5.4%) 1.30 1,726
2020-06-01 $438,710 (9.7%) $583,858 (10.9%) 1.29 1,421
2020-07-01 $453,433 (11.4%) $607,531 (14.1%) 1.31 1,176
2020-08-01 $470,495 (16.2%) $665,741 (26.2%) 1.35 1,015
2020-09-01 $495,490 (23.2%) $703,359 (34.8%) 1.42 871
2020-10-01 $504,995 (26.9%) $814,567 (58.8%) 1.45 708
2020-11-01 $522,475 (32.2%) $898,995 (74.6%) 1.53 581
2020-12-01 $545,745 (36.5%) $917,466 (74.1%) 1.62 500
2021-01-01 $534,444 (30.6%) $978,869 (85.9%) 1.60 404
2021-02-01 $529,950 (23.5%) $1,085,859 (97.7%) 1.54 310
2021-03-01 $510,425 (18.5%) $1,025,177 (82.9%) 1.45 357
2021-04-01 $541,750 (30.1%) $1,015,124 (98.8%) 1.47 436
2021-05-01 $550,000 (28.8%) $957,815 (75.7%) 1.46 550
2021-06-01 $547,450 (24.8%) $887,914 (52.1%) 1.44 712
2021-07-01 $544,950 (20.2%) $839,987 (38.3%) 1.44 851
2021-08-01 $550,575 (17.0%) $855,893 (28.6%) 1.47 879
2021-09-01 $537,119 (8.4%) $838,551 (19.2%) 1.43 913
2021-10-01 $539,900 (6.9%) $861,239 (5.7%) 1.44 847
2021-11-01 $546,950 (4.7%) $891,802 (-0.8%) 1.46 753
2021-12-01 $559,675 (2.6%) $953,207 (3.9%) 1.52 582
2022-01-01 $559,450 (4.7%) $943,434 (-3.6%) 1.51 469
2022-02-01 $590,000 (11.3%) $1,014,800 (-6.5%) 1.53 428
2022-03-01 $592,238 (16.0%) $964,803 (-5.9%) 1.48 462
2022-04-01 $619,000 (14.3%) $968,049 (-4.6%) 1.48 678
2022-05-01 $617,400 (12.3%) $855,307 (-10.7%) 1.41 1,232
2022-06-01 $608,789 (11.2%) $824,474 (-7.1%) 1.36 1,700
2022-07-01 $589,900 (8.3%) $791,646 (-5.8%) 1.33 2,169
2022-08-01 $571,915 (3.9%) $757,555 (-11.5%) 1.32 2,326
2022-09-01 $558,015 (3.9%) $742,636 (-11.4%) 1.30 2,351
2022-10-01 $549,900 (1.9%) $747,324 (-13.2%) 1.29 2,419
2022-11-01 $549,900 (0.5%) $747,133 (-16.2%) 1.32 2,289
2022-12-01 $550,000 (-1.7%) $747,637 (-21.6%) 1.36 2,070
2023-01-01 $561,560 (0.4%) $762,957 (-19.1%) 1.39 1,722
2023-02-01 $554,950 (-5.9%) $780,639 (-23.1%) 1.34 1,518
2023-03-01 $574,995 (-2.9%) $808,090 (-16.2%) 1.36 1,409
2023-04-01 $589,443 (-4.8%) $822,619 (-15.0%) 1.37 1,357
2023-05-01 $599,997 (-2.8%) $829,175 (-3.1%) 1.36 1,430
2023-06-01 $599,450 (-1.5%) $839,871 (1.9%) 1.35 1,553
2023-07-01 $599,990 (1.7%) $859,701 (8.6%) 1.36 1,616
2023-08-01 $591,675 (3.5%) $839,796 (10.9%) 1.36 1,747
2023-09-01 $579,900 (3.9%) $826,947 (11.4%) 1.35 1,851
2023-10-01 $569,188 (3.5%) $813,483 (8.9%) 1.34 1,842
2023-11-01 $573,986 (4.4%) $832,263 (11.4%) 1.37 1,776
2023-12-01 $569,990 (3.6%) $842,343 (12.7%) 1.39 1,535
2024-01-01 $574,650 (2.3%) $834,235 (9.3%) 1.40 1,378
2024-02-01 $571,145 (2.9%) $816,762 (4.6%) 1.37 1,360
2024-03-01 $569,999 (-0.9%) $804,696 (-0.4%) 1.34 1,415
2024-04-01 $588,900 (-0.1%) $840,829 (2.2%) 1.37 1,557
2024-05-01 $595,500 (-0.8%) $835,289 (0.7%) 1.35 1,849
PROVO - OREM's median listing price for 2024-05-01 was $595,500, a difference of $-4,497 (-0.8%) versus the prior year and $6,600 versus the prior month.

PROVO - OREM's median listing price comes in at 135% of the national average.

PROVO - OREM's average listing price for 2024-05-01 was $835,289, a difference of $6,114 (0.7%) versus the prior year and $-5,540 versus the prior month.

For the 2024-05-01 period, PROVO - OREM had 1,849 MLS listings, a difference of 292 listings (19%) versus the prior month and 419 listings (29%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - PROVO - OREM (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 49 days 3,387 sqft
2018-02-01 48 days 3,443 sqft
2018-03-01 26 days 3,467 sqft
2018-04-01 32 days 3,483 sqft
2018-05-01 31 days 3,463 sqft
2018-06-01 32 days 3,423 sqft
2018-07-01 31 days 3,431 sqft
2018-08-01 32 days 3,400 sqft
2018-09-01 43 days 3,340 sqft
2018-10-01 41 days 3,319 sqft
2018-11-01 41 days 3,282 sqft
2018-12-01 54 days 3,259 sqft
2019-01-01 56 days 3,251 sqft
2019-02-01 51 days 3,260 sqft
2019-03-01 47 days 3,307 sqft
2019-04-01 44 days 3,334 sqft
2019-05-01 41 days 3,263 sqft
2019-06-01 44 days 3,250 sqft
2019-07-01 45 days 3,266 sqft
2019-08-01 47 days 3,242 sqft
2019-09-01 50 days 3,215 sqft
2019-10-01 52 days 3,173 sqft
2019-11-01 53 days 3,153 sqft
2019-12-01 56 days 3,169 sqft
2020-01-01 60 days 3,236 sqft
2020-02-01 54 days 3,368 sqft
2020-03-01 45 days 3,302 sqft
2020-04-01 39 days 3,178 sqft
2020-05-01 44 days 3,219 sqft
2020-06-01 46 days 3,273 sqft
2020-07-01 47 days 3,352 sqft
2020-08-01 39 days 3,363 sqft
2020-09-01 30 days 3,387 sqft
2020-10-01 37 days 3,301 sqft
2020-11-01 41 days 3,470 sqft
2020-12-01 44 days 3,556 sqft
2021-01-01 42 days 3,454 sqft
2021-02-01 19 days 3,179 sqft
2021-03-01 7 days 2,965 sqft
2021-04-01 9 days 3,089 sqft
2021-05-01 11 days 2,943 sqft
2021-06-01 15 days 2,961 sqft
2021-07-01 17 days 2,883 sqft
2021-08-01 18 days 2,953 sqft
2021-09-01 22 days 2,846 sqft
2021-10-01 24 days 2,702 sqft
2021-11-01 24 days 2,815 sqft
2021-12-01 41 days 2,912 sqft
2022-01-01 47 days 3,008 sqft
2022-02-01 29 days 2,958 sqft
2022-03-01 25 days 2,846 sqft
2022-04-01 23 days 2,898 sqft
2022-05-01 20 days 2,858 sqft
2022-06-01 29 days 2,896 sqft
2022-07-01 38 days 2,798 sqft
2022-08-01 46 days 2,751 sqft
2022-09-01 51 days 2,693 sqft
2022-10-01 58 days 2,714 sqft
2022-11-01 71 days 2,731 sqft
2022-12-01 86 days 2,773 sqft
2023-01-01 89 days 2,844 sqft
2023-02-01 86 days 2,824 sqft
2023-03-01 58 days 2,935 sqft
2023-04-01 55 days 3,019 sqft
2023-05-01 45 days 3,103 sqft
2023-06-01 41 days 3,028 sqft
2023-07-01 47 days 3,100 sqft
2023-08-01 45 days 2,994 sqft
2023-09-01 46 days 2,964 sqft
2023-10-01 57 days 2,864 sqft
2023-11-01 59 days 2,913 sqft
2023-12-01 67 days 2,854 sqft
2024-01-01 66 days 2,821 sqft
2024-02-01 52 days 2,835 sqft
2024-03-01 49 days 2,812 sqft
2024-04-01 40 days 2,917 sqft
2024-05-01 34 days 2,945 sqft
PROVO - OREM's median listing age (time on market) for 2024-05-01 was 34 days. This is -24% shorter than the same period one year ago.

PROVO - OREM's median square footage for active listings during the 2024-05-01 period was 2,945 sqft. One year prior, the average listing was 3,103 sqft.

PROVO-OREM, UT Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
84003 Provo-Orem, UT MSA $1,140 $1,150 $1,320 $1,880 $2,250
84004 Provo-Orem, UT MSA $1,450 $1,460 $1,670 $2,370 $2,840
84005 Provo-Orem, UT MSA $1,390 $1,400 $1,600 $2,270 $2,730
84013 Provo-Orem, UT MSA $800 $890 $1,010 $1,460 $1,770
84020 Provo-Orem, UT MSA $1,300 $1,540 $1,840 $2,530 $2,840
84022 Provo-Orem, UT MSA $800 $830 $940 $1,340 $1,610
84034 Provo-Orem, UT MSA $800 $830 $940 $1,340 $1,610
84042 Provo-Orem, UT MSA $1,170 $1,180 $1,350 $1,920 $2,300
84043 Provo-Orem, UT MSA $1,380 $1,390 $1,590 $2,260 $2,710
84045 Provo-Orem, UT MSA $1,390 $1,410 $1,610 $2,290 $2,740
84057 Provo-Orem, UT MSA $990 $990 $1,140 $1,620 $1,940
84058 Provo-Orem, UT MSA $1,030 $1,040 $1,190 $1,690 $2,030
84059 Provo-Orem, UT MSA $1,000 $1,010 $1,160 $1,650 $1,980
84062 Provo-Orem, UT MSA $1,070 $1,080 $1,240 $1,760 $2,110
84083 Provo-Orem, UT MSA $800 $830 $940 $1,340 $1,610
84097 Provo-Orem, UT MSA $990 $990 $1,140 $1,620 $1,940
84526 Provo-Orem, UT MSA $1,000 $1,010 $1,160 $1,650 $1,980
84601 Provo-Orem, UT MSA $950 $960 $1,100 $1,560 $1,870
84602 Provo-Orem, UT MSA $1,000 $1,010 $1,160 $1,650 $1,980
84603 Provo-Orem, UT MSA $1,000 $1,010 $1,160 $1,650 $1,980
84604 Provo-Orem, UT MSA $890 $900 $1,030 $1,460 $1,750
84605 Provo-Orem, UT MSA $1,000 $1,010 $1,160 $1,650 $1,980
84606 Provo-Orem, UT MSA $990 $990 $1,140 $1,620 $1,940
84626 Provo-Orem, UT MSA $800 $830 $940 $1,340 $1,610
84628 Provo-Orem, UT MSA $800 $830 $940 $1,340 $1,610
84629 Provo-Orem, UT MSA $1,040 $1,050 $1,200 $1,710 $2,040
84633 Provo-Orem, UT MSA $800 $830 $940 $1,340 $1,610
84639 Provo-Orem, UT MSA $800 $830 $940 $1,340 $1,610
84645 Provo-Orem, UT MSA $810 $830 $940 $1,340 $1,610
84648 Provo-Orem, UT MSA $800 $830 $940 $1,340 $1,610
84651 Provo-Orem, UT MSA $1,010 $1,020 $1,170 $1,660 $1,990
84653 Provo-Orem, UT MSA $1,110 $1,120 $1,280 $1,820 $2,180
84655 Provo-Orem, UT MSA $910 $920 $1,050 $1,490 $1,790
84656 Provo-Orem, UT MSA $800 $830 $940 $1,340 $1,610
84660 Provo-Orem, UT MSA $1,070 $1,080 $1,240 $1,760 $2,110
84663 Provo-Orem, UT MSA $920 $930 $1,060 $1,510 $1,810
84664 Provo-Orem, UT MSA $1,130 $1,170 $1,340 $1,890 $2,280

2022 Average & Median Rent Data Statistics
PROVO-OREM, UT average 1BR rent: $1,027, median: $1,010
PROVO-OREM, UT average 2BR rent: $1,176, median: $1,160
PROVO-OREM, UT average 3BR rent: $1,670, median: $1,650

PROVO-OREM, UT Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 9,741 $4,411,415,000 $452,871
Home Improvement 2,590 $266,840,000 $103,027
Other 1,877 $236,495,000 $125,996
Refi 1,794 $653,350,000 $364,186
Cash Out Refi 1,332 $517,250,000 $388,326
NA 1 $855,000 $855,000

Provo - Orem's most frequently cited loan purpose was Home Purchase, with 9,741 originations. The 2nd most popular reason was Home Improvement, with 2,590 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 5,535 $2,286,405,000 $413,081
7-8% 4,076 $1,123,640,000 $275,672
5-6% 3,384 $1,732,100,000 $511,850
Over 8% 3,017 $495,055,000 $164,088
4-5% 826 $300,130,000 $363,354
3-4% 153 $29,575,000 $193,301
2.5-3% 52 $14,330,000 $275,577
<2.5% 23 $6,385,000 $277,609

During 2023, Provo - Orem's most frequently originated rate bucket was 6-7%, with 5,535 originations.

Loan Sizing (PROVO-OREM, UT MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 4,999 $1,568,085,000 $313,680
$400k-600k 4,304 $2,058,240,000 $478,216
$100,000 or less 4,073 $211,695,000 $51,975
$100k-200k 2,243 $305,735,000 $136,306
$600k-1000k 1,392 $979,030,000 $703,326
$Over $1MM 324 $963,420,000 $2,973,519

PROVO - OREM's loan sizing saw the bucket of loans from $200k-400k with 4,999 originations, totaling $1,568,085,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 6,268 $2,939,320,000 $468,941
Under 20% 4,804 $340,470,000 $70,872
60-80% 2,523 $1,409,975,000 $558,849
20-40% 2,085 $426,045,000 $204,338
40-60% 1,266 $807,080,000 $637,504
Over 100% 106 $57,330,000 $540,849

PROVO - OREM's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 6,268 originations, totaling $2,939,320,000 in origination value.