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
6.28%
for the week of 2023-05-25, compared to the national average of
6.57% for the same period.
The average rate for the prior week (2023-05-18) was
6% and
one month ago for the week of 2023-04-20, the
average rate was 6%.
Provo - Orem's average rate one year ago was 4.76%.
For refis of the same type during the week of 2023-05-25, the average rate
was 5.28%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-05-25 | 6.57% |
| Provo - Orem 30 Year Fixed Rate | 2023-05-25 | 6.28% |
| Provo - Orem 30 Year Fixed Rate Refi | 2023-05-25 | 5.28% |
| Provo - Orem 15 Year Fixed Rate | 2023-05-25 | 6.25% |
| Provo - Orem 15 Year Fixed Rate Refi | 2023-05-25 | 5.38% |
| Provo - Orem 30 Year FHA | 2023-05-25 | 6.21% |
| Provo - Orem 30 Year FHA Refi | 2023-05-25 | 6.81% |
| Provo - Orem 30 Year USDA | 2023-05-25 | 5.09% |
| Provo - Orem 30 Year USDA Refi | 2023-05-25 | 6.43% |
| Provo - Orem 30 Year VA | 2023-05-25 | 5.69% |
| Provo - Orem 30 Year VA Refi | 2023-05-25 | 6.41% |
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.).
PROVO - OREM Average Closing Costs & Other Stats
PROVO-OREM, UT's 246 lenders originated 28,298
loans during 2022. The total origination value was $9,897,390,000, with an average loan value of
$349,756.
PROVO - OREM's average closing costs are $5,613.
The top PROVO - OREM lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
1,750 loans originated. Their average total fees are
$6,905, which is $1,096
lower than the next largest lender,
FIRST COLONY MORTGAGE CORPORATION.
The lowest fee PROVO - OREM lenders (with over 10 loans originated) are
CHERRY CREEK MORTGAGE, LLC ($601), HOMEAMERICAN MORTGAGE CORPORATION ($1,001), EVERETT FINANCIAL, INC. ($2,376), DHI MORTGAGE COMPANY, LTD. ($2,910) and Wyndham Capital Mortgage, Inc. ($4,109).
The lowest rate PROVO - OREM lenders (with over 10 loans originated) are
STEARNS LENDING, LLC (3.28%), Morgan Stanley Private Bank (3.38%), BETTER MORTGAGE CORPORATION (3.39%), PHH Mortgage Corporation (3.44%) and Ally Bank (3.67%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | $2,245,560,000 | $1,046,770,000 | -53.4% | 10.6% |
| FIRST COLONY MORTGAGE CORPORATION | $1,545,590,000 | $782,500,000 | -49.4% | 7.9% |
| MOUNTAIN AMERICA | $559,030,000 | $571,250,000 | 2.2% | 5.8% |
| SECURITYNATIONAL MORTGAGE COMPANY | $659,325,000 | $427,475,000 | -35.2% | 4.3% |
| INTERCAP LENDING INC. | $723,925,000 | $400,870,000 | -44.6% | 4.1% |
| AMERICA FIRST | $316,765,000 | $364,160,000 | 15.0% | 3.7% |
| DHI MORTGAGE COMPANY, LTD. | $185,985,000 | $355,815,000 | 91.3% | 3.6% |
| UTAH COMMUNITY | $615,035,000 | $342,440,000 | -44.3% | 3.5% |
| Zions Bancorporation, N.A. | $256,595,000 | $335,530,000 | 30.8% | 3.4% |
| QUICKEN LOANS, LLC | $922,805,000 | $308,130,000 | -66.6% | 3.1% |
| SECURITY HOME MORTGAGE, LLC. | $370,075,000 | $224,980,000 | -39.2% | 2.3% |
| HOME POINT FINANCIAL CORPORATION | $563,600,000 | $189,885,000 | -66.3% | 1.9% |
| SECURITY SERVICE | $121,595,000 | $160,440,000 | 31.9% | 1.6% |
| Wells Fargo Bank | $221,250,000 | $158,495,000 | -28.4% | 1.6% |
| ACADEMY MORTGAGE CORPORATION | $260,435,000 | $143,480,000 | -44.9% | 1.4% |
| MY MOVE MORTGAGE, LLC | $223,925,000 | $134,585,000 | -39.9% | 1.4% |
| Washington Federal Bank | $32,830,000 | $129,215,000 | 293.6% | 1.3% |
| U.S. Bank | $154,560,000 | $128,850,000 | -16.6% | 1.3% |
| CANOPY MORTGAGE, LLC | $371,500,000 | $99,570,000 | -73.2% | 1.0% |
| CALIBER HOME LOANS, INC. | $247,090,000 | $96,080,000 | -61.1% | 1.0% |
| Glacier Bank | $135,765,000 | $92,270,000 | -32.0% | 0.9% |
| KeyBank | $97,625,000 | $88,545,000 | -9.3% | 0.9% |
| LOANDEPOT.COM, LLC | $221,555,000 | $88,485,000 | -60.1% | 0.9% |
| CITYWIDE HOME LOANS, LLC | $171,305,000 | $84,700,000 | -50.6% | 0.9% |
| NEST HOME LENDING, LLC | $66,000,000 | $84,550,000 | 28.1% | 0.9% |
| HOMEAMERICAN MORTGAGE CORPORATION | $65,360,000 | $82,820,000 | 26.7% | 0.8% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $178,405,000 | $77,020,000 | -56.8% | 0.8% |
| VERITAS FUNDING, LLC | $138,860,000 | $76,900,000 | -44.6% | 0.8% |
| EAGLE HOME MORTGAGE, LLC | $49,455,000 | $72,375,000 | 46.3% | 0.7% |
| PENNYMAC LOAN SERVICES, LLC | $163,080,000 | $67,930,000 | -58.3% | 0.7% |
| Central Bank | $78,775,000 | $67,365,000 | -14.5% | 0.7% |
| AMERISAVE MORTGAGE CORPORATION | $84,990,000 | $65,845,000 | -22.5% | 0.7% |
| NBH Bank | $62,470,000 | $64,495,000 | 3.2% | 0.7% |
| GREYSTONE SERVICING COMPANY LLC | $7,705,000 | $62,745,000 | 714.3% | 0.6% |
| Deseret First Credit Union | $52,345,000 | $62,360,000 | 19.1% | 0.6% |
| CYPRUS Federal Credit Union | $47,810,000 | $58,070,000 | 21.5% | 0.6% |
| JPMorgan Chase Bank | $90,615,000 | $57,690,000 | -36.3% | 0.6% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $85,430,000 | $54,170,000 | -36.6% | 0.5% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $196,440,000 | $53,600,000 | -72.7% | 0.5% |
| RANLIFE, INC. | $110,830,000 | $51,785,000 | -53.3% | 0.5% |
| DIRECT MORTGAGE, CORP. | $145,725,000 | $51,740,000 | -64.5% | 0.5% |
| CROSSCOUNTRY MORTGAGE, LLC | $107,830,000 | $48,285,000 | -55.2% | 0.5% |
| GUARANTEED RATE, INC. | $123,185,000 | $45,595,000 | -63.0% | 0.5% |
| GOLDENWEST | $50,195,000 | $42,495,000 | -15.3% | 0.4% |
| BROKER SOLUTIONS, INC. | $104,340,000 | $41,285,000 | -60.4% | 0.4% |
| INSPIRE HOME LOANS INC. | $38,545,000 | $41,120,000 | 6.7% | 0.4% |
| UTAH FIRST | $25,015,000 | $40,225,000 | 60.8% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $93,600,000 | $39,995,000 | -57.3% | 0.4% |
| Plains Commerce Bank | $45,800,000 | $37,185,000 | -18.8% | 0.4% |
| GUARANTEED RATE AFFINITY, LLC | $77,735,000 | $37,180,000 | -52.2% | 0.4% |
| AMWEST FUNDING CORP. | $51,940,000 | $36,335,000 | -30.0% | 0.4% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $83,565,000 | $36,205,000 | -56.7% | 0.4% |
| REVERSE MORTGAGE FUNDING LLC | $35,030,000 | $35,070,000 | 0.1% | 0.4% |
| FREEDOM MORTGAGE CORPORATION | $201,360,000 | $34,400,000 | -82.9% | 0.3% |
| CMG MORTGAGE, INC. | $28,690,000 | $33,850,000 | 18.0% | 0.3% |
| HOMESIDE FINANCIAL, LLC | $50,610,000 | $33,685,000 | -33.4% | 0.3% |
| GUILD MORTGAGE COMPANY | $81,410,000 | $33,585,000 | -58.7% | 0.3% |
| Bank of Utah | $47,895,000 | $33,555,000 | -29.9% | 0.3% |
| AXIA FINANCIAL, LLC | $63,705,000 | $32,650,000 | -48.7% | 0.3% |
| CASTLE & COOKE MORTGAGE, LLC | $45,150,000 | $32,205,000 | -28.7% | 0.3% |
| FINANCE OF AMERICA MORTGAGE LLC | $59,660,000 | $31,780,000 | -46.7% | 0.3% |
| Flagstar Bank, FSB | $69,860,000 | $28,750,000 | -58.8% | 0.3% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $59,265,000 | $28,110,000 | -52.6% | 0.3% |
| SUN AMERICAN MORTGAGE COMPANY | $36,330,000 | $26,885,000 | -26.0% | 0.3% |
| Morgan Stanley Private Bank | $3,945,000 | $25,845,000 | 555.1% | 0.3% |
| Utah Mortgage Loan Corporation | $48,400,000 | $25,780,000 | -46.7% | 0.3% |
| Bank of America | $37,330,000 | $25,095,000 | -32.8% | 0.3% |
| NEWREZ LLC | $90,545,000 | $24,245,000 | -73.2% | 0.2% |
| Network Funding, L.P. | $41,090,000 | $23,135,000 | -43.7% | 0.2% |
| Sierra Pacific Mortgage Company, Inc. | $3,635,000 | $23,030,000 | 533.6% | 0.2% |
| Rock Canyon Bank | $75,460,000 | $21,670,000 | -71.3% | 0.2% |
| EVERETT FINANCIAL, INC. | $6,580,000 | $21,165,000 | 221.7% | 0.2% |
| Northpointe Bank | $24,450,000 | $20,540,000 | -16.0% | 0.2% |
| HomeStreet Bank | $19,830,000 | n/a | 0.2% | |
| BETTER MORTGAGE CORPORATION | $104,970,000 | $19,320,000 | -81.6% | 0.2% |
| Gateway First Bank | $60,595,000 | $18,060,000 | -70.2% | 0.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $36,465,000 | $18,035,000 | -50.5% | 0.2% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $13,980,000 | $17,460,000 | 24.9% | 0.2% |
| AMERICAN FINANCING CORPORATION | $52,130,000 | $17,315,000 | -66.8% | 0.2% |
| University First Federal Credit Union | $18,410,000 | $17,240,000 | -6.4% | 0.2% |
| PHH Mortgage Corporation | $14,615,000 | $17,095,000 | 17.0% | 0.2% |
| NBKC BANK | $22,365,000 | $15,525,000 | -30.6% | 0.2% |
| Prudential Huntoon Paige Associates, LLC | $15,005,000 | n/a | 0.2% | |
| LONGBRIDGE FINANCIAL, LLC | $14,275,000 | $13,970,000 | -2.1% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $28,920,000 | $13,510,000 | -53.3% | 0.1% |
| AMERICAN ADVISORS GROUP | $15,820,000 | $13,415,000 | -15.2% | 0.1% |
| S1L, Inc. | $14,475,000 | $13,040,000 | -9.9% | 0.1% |
| Alpine Credit Union | $15,015,000 | $12,950,000 | -13.8% | 0.1% |
| Citadel Servicing Corporation | $9,060,000 | $12,525,000 | 38.2% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $18,370,000 | $11,990,000 | -34.7% | 0.1% |
| PNC Bank | $8,370,000 | $11,915,000 | 42.4% | 0.1% |
| LOANPAL, LLC | $30,625,000 | $11,870,000 | -61.2% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $11,340,000 | $11,705,000 | 3.2% | 0.1% |
| TIAA, FSB | $55,645,000 | $11,505,000 | -79.3% | 0.1% |
| Mortgage Research Center, LLC | $26,400,000 | $11,500,000 | -56.4% | 0.1% |
| GRANITE FEDERAL CREDIT UNION | $12,360,000 | $11,335,000 | -8.3% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $10,215,000 | $11,235,000 | 10.0% | 0.1% |
| PANORAMA MORTGAGE GROUP, LLC | $26,990,000 | $11,215,000 | -58.4% | 0.1% |
| LENDSURE MORTGAGE CORP. | $7,440,000 | $11,000,000 | 47.8% | 0.1% |
| Chicago Mortgage Solutions LLC | $40,295,000 | $10,785,000 | -73.2% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $14,645,000 | $10,635,000 | -27.4% | 0.1% |
| CHERRY CREEK MORTGAGE, LLC | $14,925,000 | $10,525,000 | -29.5% | 0.1% |
| Ally Bank | $29,330,000 | $9,870,000 | -66.3% | 0.1% |
| NAVY FEDERAL CREDIT UNION | $12,980,000 | $9,760,000 | -24.8% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $19,255,000 | $9,600,000 | -50.1% | 0.1% |
| Cache Valley Bank | $13,565,000 | $9,540,000 | -29.7% | 0.1% |
| Fortis Private Bank | $43,425,000 | $9,490,000 | -78.1% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $31,000,000 | $9,390,000 | -69.7% | 0.1% |
| BELEM SERVICING LLC | $19,325,000 | $8,705,000 | -55.0% | 0.1% |
| The Huntington National Bank | $5,970,000 | $8,105,000 | 35.8% | 0.1% |
| MOUNTAIN WEST FINANCIAL, INC. | $18,685,000 | $8,045,000 | -56.9% | 0.1% |
| MORTGAGEONE, INC. | $11,345,000 | $7,855,000 | -30.8% | 0.1% |
| Carrington Mortgage Services, LLC | $9,440,000 | $7,785,000 | -17.5% | 0.1% |
| SPRING EQ, LLC | $1,550,000 | $7,775,000 | 401.6% | 0.1% |
| BAY EQUITY LLC | $4,990,000 | $7,690,000 | 54.1% | 0.1% |
| TBI MORTGAGE COMPANY | $8,595,000 | $7,455,000 | -13.3% | 0.1% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $7,210,000 | n/a | 0.1% | |
| Commerce Home Mortgage, Inc. | $3,805,000 | $7,090,000 | 86.3% | 0.1% |
| STEARNS LENDING, LLC | $103,635,000 | $6,860,000 | -93.4% | 0.1% |
| ALLIANT CREDIT UNION | $8,425,000 | $6,420,000 | -23.8% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $2,235,000 | $6,310,000 | 182.3% | 0.1% |
| JONES LANG LASALLE MULTIFAMILY, LLC | $9,175,000 | $6,245,000 | -31.9% | 0.1% |
| Charles Schwab Bank, SSB | $3,525,000 | $5,920,000 | 67.9% | 0.1% |
| Watermark Capital, Inc. | $6,850,000 | $5,795,000 | -15.4% | 0.1% |
| NEXERA HOLDING LLC | $6,425,000 | $5,745,000 | -10.6% | 0.1% |
| The Federal Savings Bank | $26,775,000 | $5,740,000 | -78.6% | 0.1% |
| Citibank | $5,500,000 | $5,725,000 | 4.1% | 0.1% |
| USAA Federal Savings Bank | $3,640,000 | $5,510,000 | 51.4% | 0.1% |
| UNION HOME MORTGAGE CORP. | $5,310,000 | n/a | 0.1% | |
| HOMEXPRESS MORTGAGE CORP. | $2,175,000 | $5,245,000 | 141.1% | 0.1% |
| CORNERSTONE HOME LENDING, INC. | $15,070,000 | $5,100,000 | -66.2% | 0.1% |
| FirstBank | $24,545,000 | $5,040,000 | -79.5% | 0.1% |
| Discover Bank | $3,100,000 | $5,020,000 | 61.9% | 0.1% |
| BNC National Bank | $4,030,000 | $4,970,000 | 23.3% | 0.1% |
| North American Savings Bank, F.S.B. | $20,165,000 | $4,940,000 | -75.5% | 0.0% |
| GEORGIA'S OWN | $4,025,000 | $4,910,000 | 22.0% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $15,715,000 | $4,760,000 | -69.7% | 0.0% |
| Strong Home Mortgage, LLC | $24,370,000 | $4,655,000 | -80.9% | 0.0% |
| First Guaranty Mortgage Corporation | $14,940,000 | $4,510,000 | -69.8% | 0.0% |
| The Central Trust Bank | $4,355,000 | $4,510,000 | 3.6% | 0.0% |
| WEBER STATE FEDERAL CREDIT UNION | $695,000 | $4,345,000 | 525.2% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $285,000 | $4,260,000 | 1,394.7% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $13,665,000 | $4,165,000 | -69.5% | 0.0% |
| Banterra Bank | $4,125,000 | n/a | 0.0% | |
| First Savings Bank | $3,540,000 | $4,085,000 | 15.4% | 0.0% |
| Logan Finance Corporation | $4,030,000 | n/a | 0.0% | |
| BLUE BRICK FINANCIAL LLC | $17,540,000 | $3,995,000 | -77.2% | 0.0% |
| VILLAGE CAPITAL MORTGAGE | $30,435,000 | $3,905,000 | -87.2% | 0.0% |
| Silicon Valley Bank | $3,875,000 | n/a | 0.0% | |
| CALCON MUTUAL MORTGAGE LLC | $7,325,000 | $3,780,000 | -48.4% | 0.0% |
| Low VA Rates, LLC | $27,710,000 | $3,750,000 | -86.5% | 0.0% |
| SOFI LENDING CORP. | $9,465,000 | $3,650,000 | -61.4% | 0.0% |
| MOVEMENT MORTGAGE, LLC | $6,135,000 | $3,555,000 | -42.1% | 0.0% |
| Austin Capital Bank SSB | $10,105,000 | $3,550,000 | -64.9% | 0.0% |
| First-Citizens Bank & Trust Company | $3,550,000 | n/a | 0.0% | |
| VAN DYK MORTGAGE CORPORATION | $14,430,000 | $3,535,000 | -75.5% | 0.0% |
| City National Bank | $3,325,000 | n/a | 0.0% | |
| HomeTrust Bank | $3,630,000 | $3,280,000 | -9.6% | 0.0% |
| CIVIC FINANCIAL SERVICES, LLC | $3,270,000 | n/a | 0.0% | |
| AmeriHome Mortgage Company, LLC | $640,000 | $3,115,000 | 386.7% | 0.0% |
| GENEVA FINANCIAL, LLC | $1,290,000 | $3,065,000 | 137.6% | 0.0% |
| NATIONS DIRECT MORTGAGE, LLC | $1,965,000 | $2,980,000 | 51.7% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $2,145,000 | $2,900,000 | 35.2% | 0.0% |
| DATA MORTGAGE, INC. | $5,330,000 | $2,840,000 | -46.7% | 0.0% |
| Utah Power | $5,685,000 | $2,835,000 | -50.1% | 0.0% |
| First Internet Bank of Indiana | $2,785,000 | $2,795,000 | 0.4% | 0.0% |
| ANGEL OAK HOME LOANS LLC | $2,720,000 | n/a | 0.0% | |
| First National Bank of America | $3,900,000 | $2,670,000 | -31.5% | 0.0% |
| Arvest Bank | $3,100,000 | $2,605,000 | -16.0% | 0.0% |
| Hometown Equity Mortgage, LLC | $1,180,000 | $2,605,000 | 120.8% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $7,500,000 | $2,505,000 | -66.6% | 0.0% |
| BMO Harris Bank | $1,670,000 | $2,465,000 | 47.6% | 0.0% |
| SourceOne Financial, Inc. | $6,605,000 | $2,425,000 | -63.3% | 0.0% |
| Magnolia Bank | $3,990,000 | $2,350,000 | -41.1% | 0.0% |
| OCMBC, INC. | $2,160,000 | $2,345,000 | 8.6% | 0.0% |
| GUARANTY HOME MORTGAGE CORPORATION | $4,015,000 | $2,285,000 | -43.1% | 0.0% |
| JMJ FINANCIAL GROUP | $8,665,000 | $2,260,000 | -73.9% | 0.0% |
| Texana Bank | $1,605,000 | $2,240,000 | 39.6% | 0.0% |
| Truist | $4,955,000 | $2,205,000 | -55.5% | 0.0% |
| Nations Lending Corporation | $4,110,000 | $2,070,000 | -49.6% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $13,790,000 | $2,035,000 | -85.2% | 0.0% |
| IMPAC MORTGAGE CORP. | $2,770,000 | $2,020,000 | -27.1% | 0.0% |
| Bank of Springfield | $2,005,000 | n/a | 0.0% | |
| Simmons Bank | $620,000 | $2,005,000 | 223.4% | 0.0% |
| 21ST MORTGAGE CORPORATION | $1,315,000 | $1,960,000 | 49.0% | 0.0% |
| Citizens Bank | $8,260,000 | $1,945,000 | -76.5% | 0.0% |
| STAR ONE CREDIT UNION | $1,875,000 | n/a | 0.0% | |
| AMERICAN UNITED FAMILY OF CREDIT UN | $1,425,000 | $1,835,000 | 28.8% | 0.0% |
| GTE Federal Credit Union | $1,830,000 | n/a | 0.0% | |
| CHARTWAY FEDERAL CREDIT UNION | $1,420,000 | $1,825,000 | 28.5% | 0.0% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $6,900,000 | $1,815,000 | -73.7% | 0.0% |
| SWBC MORTGAGE CORPORATION | $3,550,000 | $1,790,000 | -49.6% | 0.0% |
| HighTechLending Inc | $1,850,000 | $1,770,000 | -4.3% | 0.0% |
| Victorian Finance, LLC | $590,000 | $1,760,000 | 198.3% | 0.0% |
| ARC HOME LLC | $1,850,000 | $1,745,000 | -5.7% | 0.0% |
| FIRST TECHNOLOGY | $2,295,000 | $1,705,000 | -25.7% | 0.0% |
| Baxter Credit Union | $1,060,000 | $1,660,000 | 56.6% | 0.0% |
| NexBank | $1,650,000 | n/a | 0.0% | |
| IDAHO CENTRAL | $295,000 | $1,610,000 | 445.8% | 0.0% |
| ATHAS CAPITAL GROUP, INC. | $1,635,000 | $1,580,000 | -3.4% | 0.0% |
| Bank of the West | $4,705,000 | $1,570,000 | -66.6% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $4,215,000 | $1,550,000 | -63.2% | 0.0% |
| DIGITAL Federal Credit Union | $435,000 | $1,530,000 | 251.7% | 0.0% |
| GMFS LLC | $1,485,000 | n/a | 0.0% | |
| INB | $1,475,000 | n/a | 0.0% | |
| Amalgamated Bank | $1,460,000 | n/a | 0.0% | |
| SOVEREIGN LENDING GROUP INCORPORATED | $11,410,000 | $1,410,000 | -87.6% | 0.0% |
| The Dart Bank | $1,405,000 | n/a | 0.0% | |
| Banner Bank | $1,435,000 | $1,385,000 | -3.5% | 0.0% |
| Bank of England | $4,910,000 | $1,370,000 | -72.1% | 0.0% |
| First Republic Bank | $2,825,000 | $1,365,000 | -51.7% | 0.0% |
| Florida Capital Bank | $1,440,000 | $1,365,000 | -5.2% | 0.0% |
| Umpqua Bank | $1,175,000 | $1,365,000 | 16.2% | 0.0% |
| State Bank of Southern Utah | $1,290,000 | $1,355,000 | 5.0% | 0.0% |
| Fifth Third Bank | $2,090,000 | $1,345,000 | -35.6% | 0.0% |
| BEEHIVE | $450,000 | $1,305,000 | 190.0% | 0.0% |
| Equity Prime Mortgage LLC | $1,300,000 | n/a | 0.0% | |
| NFM, INC. | $1,275,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $945,000 | $1,250,000 | 32.3% | 0.0% |
| UNIVERSITY CREDIT UNION | $1,250,000 | n/a | 0.0% | |
| PLANET HOME LENDING, LLC | $600,000 | $1,225,000 | 104.2% | 0.0% |
| BOKF | $1,205,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $2,795,000 | $1,195,000 | -57.2% | 0.0% |
| CHEVRON | $325,000 | $1,105,000 | 240.0% | 0.0% |
| EMBRACE HOME LOANS, INC. | $1,770,000 | $1,105,000 | -37.6% | 0.0% |
| MICHIGAN MUTUAL, INC. | $1,075,000 | n/a | 0.0% | |
| CRESCENT MORTGAGE COMPANY | $1,665,000 | $1,040,000 | -37.5% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $2,195,000 | $1,040,000 | -52.6% | 0.0% |
| First Horizon Bank | $355,000 | $1,020,000 | 187.3% | 0.0% |
| Eagle Bank and Trust Company | $1,135,000 | $995,000 | -12.3% | 0.0% |
| KELLER MORTGAGE, LLC | $13,420,000 | $970,000 | -92.8% | 0.0% |
| PREMIA MORTGAGE, LLC | $1,525,000 | $940,000 | -38.4% | 0.0% |
| Amerifirst Financial, Inc. | $6,820,000 | $935,000 | -86.3% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $235,000 | $930,000 | 295.7% | 0.0% |
| TRANSWEST CREDIT UNION | $1,450,000 | $930,000 | -35.9% | 0.0% |
| UNIVERSITY LENDING GROUP, LLC | $930,000 | n/a | 0.0% | |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $640,000 | $925,000 | 44.5% | 0.0% |
| UNITED SECURITY FINANCIAL CORP | $3,760,000 | $925,000 | -75.4% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $865,000 | n/a | 0.0% | |
| The Loan Store, Inc. | $12,910,000 | $865,000 | -93.3% | 0.0% |
| Raymond James Bank | $3,615,000 | $855,000 | -76.3% | 0.0% |
| Waterstone Mortgage Corporation | $2,550,000 | $850,000 | -66.7% | 0.0% |
| Citywide Banks | $805,000 | n/a | 0.0% | |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $800,000 | n/a | 0.0% | |
| REDWOOD RESIDENTIAL ACQUISITION CORPORATION | $2,800,000 | $775,000 | -72.3% | 0.0% |
| D. L. Evans Bank | $1,090,000 | $765,000 | -29.8% | 0.0% |
| INLAND BANK & TRUST | $745,000 | n/a | 0.0% | |
| SUMMIT FUNDING, INC. | $750,000 | $730,000 | -2.7% | 0.0% |
| Columbia State Bank | $695,000 | n/a | 0.0% | |
| LADERA LENDING, INC. | $690,000 | n/a | 0.0% | |
| Firefighters First Federal Credit Union | $795,000 | $665,000 | -16.4% | 0.0% |
| BancorpSouth Bank | $655,000 | n/a | 0.0% | |
| MEGASTAR FINANCIAL CORP. | $645,000 | n/a | 0.0% | |
| Evolve Bank & Trust | $5,375,000 | $640,000 | -88.1% | 0.0% |
| DELTA COMMUNITY CREDIT UNION | $435,000 | $630,000 | 44.8% | 0.0% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $615,000 | n/a | 0.0% | |
| DEEPHAVEN MORTGAGE LLC | $295,000 | $605,000 | 105.1% | 0.0% |
| Cornerstone First Mortgage, Inc | $580,000 | n/a | 0.0% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $575,000 | n/a | 0.0% | |
| Toyota Financial Savings Bank | $1,515,000 | $565,000 | -62.7% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $420,000 | $565,000 | 34.5% | 0.0% |
| Quontic Bank | $1,315,000 | $535,000 | -59.3% | 0.0% |
| Merchants Bank of Indiana | $525,000 | n/a | 0.0% | |
| First Western Trust Bank | $2,280,000 | $515,000 | -77.4% | 0.0% |
| Deere Employees Credit Union | $395,000 | $510,000 | 29.1% | 0.0% |
| American Airlines Federal Credit Union | $505,000 | n/a | 0.0% | |
| Renasant Bank | $660,000 | $505,000 | -23.5% | 0.0% |
| OAKTREE FUNDING CORP. | $5,595,000 | $485,000 | -91.3% | 0.0% |
| HOMESTEAD FUNDING CORP. | $1,695,000 | $465,000 | -72.6% | 0.0% |
| M&T Bank | $875,000 | $460,000 | -47.4% | 0.0% |
| TOWER | $85,000 | $460,000 | 441.2% | 0.0% |
| Grand Valley Bank | $455,000 | n/a | 0.0% | |
| SIRVA MORTGAGE, INC. | $1,390,000 | $455,000 | -67.3% | 0.0% |
| Axos Bank | $4,525,000 | $445,000 | -90.2% | 0.0% |
| Farmers Bank & Trust | $465,000 | $445,000 | -4.3% | 0.0% |
| WINGS FINANCIAL | $445,000 | n/a | 0.0% | |
| Ixonia Bank | $535,000 | $435,000 | -18.7% | 0.0% |
| First Federal Bank | $1,590,000 | $425,000 | -73.3% | 0.0% |
| TOGETHER CREDIT UNION | $425,000 | n/a | 0.0% | |
| ALAMEDA MORTGAGE CORPORATION | $185,000 | $415,000 | 124.3% | 0.0% |
| DIRECT LENDERS, LLC | $305,000 | $415,000 | 36.1% | 0.0% |
| MORIA DEVELOPMENT, INC. | $2,790,000 | $405,000 | -85.5% | 0.0% |
| ONY GLO, INC. | $405,000 | n/a | 0.0% | |
| ADVANTAGE PLUS | $495,000 | $395,000 | -20.2% | 0.0% |
| GSF Mortgage Corporation | $385,000 | n/a | 0.0% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $1,045,000 | $375,000 | -64.1% | 0.0% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $415,000 | $355,000 | -14.5% | 0.0% |
| NORTHROP GRUMMAN Federal Credit Union | $335,000 | n/a | 0.0% | |
| ASSEMBLIES OF GOD Credit Union | $325,000 | n/a | 0.0% | |
| First Fidelity Bank | $255,000 | $315,000 | 23.5% | 0.0% |
| STANFORD Federal Credit Union | $315,000 | n/a | 0.0% | |
| Wasatch Peaks Federal Credit Union | $315,000 | n/a | 0.0% | |
| Northwest Farm Credit Services, FLCA | $305,000 | n/a | 0.0% | |
| BENCH EQUITY L.L.C. | $905,000 | $295,000 | -67.4% | 0.0% |
| American Mortgage & Equity Consultants, Inc. | $275,000 | n/a | 0.0% | |
| Blue Ridge Bank | $840,000 | $275,000 | -67.3% | 0.0% |
| Kaiperm Diablo Federal Credit Union | $275,000 | n/a | 0.0% | |
| State Department Federal Credit Union | $345,000 | $275,000 | -20.3% | 0.0% |
| ADVANCIAL | $175,000 | $215,000 | 22.9% | 0.0% |
| WESCOM CENTRAL CREDIT UNION | $205,000 | n/a | 0.0% | |
| TJC Mortgage, Inc. | $185,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $170,000 | n/a | 0.0% | |
| BANK OF LITTLE ROCK MORTGAGE CORPORATION | $155,000 | n/a | 0.0% | |
| Jordan Federal Credit Union | $340,000 | $145,000 | -57.4% | 0.0% |
| AFFINITY | $125,000 | n/a | 0.0% | |
| PARSONS Federal Credit Union | $130,000 | $125,000 | -3.8% | 0.0% |
| United States Senate Federal Credit Union | $855,000 | $115,000 | -86.5% | 0.0% |
| Bethpage Federal Credit Union | $380,000 | $105,000 | -72.4% | 0.0% |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $105,000 | n/a | 0.0% | |
| Southwest Airlines Federal Credit Union | $45,000 | n/a | 0.0% |
PROVO - OREM's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 10.6% market share. In second place, with 7.9%, is FIRST COLONY MORTGAGE CORPORATION, having originated $782,500,000 in loans. In third place, with 5.8%, is MOUNTAIN AMERICA, having originated $571,250,000 in loans. In fourth place, with 4.3%, is SECURITYNATIONAL MORTGAGE COMPANY, having originated $427,475,000 in loans. In fifth place, with 4.1%, is INTERCAP LENDING INC., having originated $400,870,000 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 | $370,400 (7.6%) | $522,392 (5.1%) | 1.37 | 1,476 |
| 2018-02-01 | $383,175 (8.7%) | $531,089 (3.9%) | 1.39 | 1,413 |
| 2018-03-01 | $392,900 (7.7%) | $540,174 (2.5%) | 1.38 | 1,407 |
| 2018-04-01 | $395,090 (6.0%) | $548,406 (2.3%) | 1.34 | 1,519 |
| 2018-05-01 | $398,845 (7.9%) | $545,021 (2.2%) | 1.33 | 1,683 |
| 2018-06-01 | $399,610 (7.0%) | $533,662 (0.7%) | 1.33 | 1,915 |
| 2018-07-01 | $398,698 (7.8%) | $531,994 (3.4%) | 1.33 | 1,929 |
| 2018-08-01 | $397,925 (9.6%) | $528,875 (5.5%) | 1.33 | 2,011 |
| 2018-09-01 | $389,926 (6.9%) | $519,713 (5.6%) | 1.31 | 2,099 |
| 2018-10-01 | $386,130 (5.8%) | $505,301 (1.0%) | 1.31 | 2,298 |
| 2018-11-01 | $381,000 (3.4%) | $499,534 (-2.3%) | 1.29 | 2,329 |
| 2018-12-01 | $379,900 (3.0%) | $494,598 (-3.9%) | 1.31 | 2,222 |
| 2019-01-01 | $381,400 (3.0%) | $481,224 (-7.9%) | 1.32 | 2,059 |
| 2019-02-01 | $387,650 (1.2%) | $477,867 (-10.0%) | 1.31 | 2,036 |
| 2019-03-01 | $399,900 (1.8%) | $493,496 (-8.6%) | 1.33 | 2,046 |
| 2019-04-01 | $403,613 (2.2%) | $513,709 (-6.3%) | 1.28 | 2,115 |
| 2019-05-01 | $399,375 (0.1%) | $517,094 (-5.1%) | 1.25 | 2,189 |
| 2019-06-01 | $400,000 (0.1%) | $526,300 (-1.4%) | 1.25 | 2,288 |
| 2019-07-01 | $408,592 (2.5%) | $532,699 (0.1%) | 1.28 | 2,320 |
| 2019-08-01 | $409,725 (3.0%) | $531,357 (0.5%) | 1.28 | 2,408 |
| 2019-09-01 | $402,950 (3.3%) | $519,178 (-0.1%) | 1.27 | 2,429 |
| 2019-10-01 | $398,625 (3.2%) | $513,026 (1.5%) | 1.29 | 2,281 |
| 2019-11-01 | $399,000 (4.7%) | $515,023 (3.1%) | 1.31 | 2,021 |
| 2019-12-01 | $399,900 (5.3%) | $527,124 (6.6%) | 1.33 | 1,809 |
| 2020-01-01 | $410,000 (7.5%) | $526,626 (9.4%) | 1.37 | 1,647 |
| 2020-02-01 | $429,900 (10.9%) | $549,237 (14.9%) | 1.41 | 1,410 |
| 2020-03-01 | $430,950 (7.8%) | $560,467 (13.6%) | 1.35 | 1,456 |
| 2020-04-01 | $416,773 (3.3%) | $510,780 (-0.6%) | 1.31 | 1,841 |
| 2020-05-01 | $428,000 (7.2%) | $545,542 (5.5%) | 1.30 | 1,731 |
| 2020-06-01 | $438,975 (9.7%) | $583,708 (10.9%) | 1.29 | 1,425 |
| 2020-07-01 | $454,300 (11.2%) | $607,477 (14.0%) | 1.32 | 1,180 |
| 2020-08-01 | $472,445 (15.3%) | $665,604 (25.3%) | 1.35 | 1,017 |
| 2020-09-01 | $495,490 (23.0%) | $703,132 (35.4%) | 1.42 | 872 |
| 2020-10-01 | $504,990 (26.7%) | $814,567 (58.8%) | 1.45 | 708 |
| 2020-11-01 | $522,475 (31.0%) | $898,995 (74.6%) | 1.53 | 581 |
| 2020-12-01 | $545,745 (36.5%) | $917,466 (74.1%) | 1.62 | 500 |
| 2021-01-01 | $535,000 (30.5%) | $974,533 (85.1%) | 1.60 | 404 |
| 2021-02-01 | $533,175 (24.0%) | $1,073,722 (95.5%) | 1.55 | 319 |
| 2021-03-01 | $507,400 (17.7%) | $1,019,222 (81.9%) | 1.44 | 361 |
| 2021-04-01 | $541,450 (29.9%) | $1,010,215 (97.8%) | 1.47 | 440 |
| 2021-05-01 | $550,000 (28.5%) | $954,607 (75.0%) | 1.46 | 554 |
| 2021-06-01 | $547,024 (24.6%) | $885,835 (51.8%) | 1.44 | 716 |
| 2021-07-01 | $544,950 (20.0%) | $838,668 (38.1%) | 1.44 | 855 |
| 2021-08-01 | $551,200 (16.7%) | $854,629 (28.4%) | 1.47 | 884 |
| 2021-09-01 | $536,359 (8.3%) | $837,571 (19.1%) | 1.43 | 917 |
| 2021-10-01 | $539,900 (6.9%) | $859,821 (5.6%) | 1.44 | 851 |
| 2021-11-01 | $546,950 (4.7%) | $890,049 (-1.0%) | 1.46 | 757 |
| 2021-12-01 | $559,300 (2.5%) | $950,111 (3.6%) | 1.52 | 587 |
| 2022-01-01 | $559,000 (4.5%) | $940,342 (-3.5%) | 1.51 | 474 |
| 2022-02-01 | $588,675 (10.4%) | $1,010,743 (-5.9%) | 1.53 | 433 |
| 2022-03-01 | $591,000 (16.5%) | $963,153 (-5.5%) | 1.48 | 462 |
| 2022-04-01 | $618,720 (14.3%) | $966,787 (-4.3%) | 1.47 | 678 |
| 2022-05-01 | $617,400 (12.3%) | $854,939 (-10.4%) | 1.41 | 1,233 |
| 2022-06-01 | $608,251 (11.2%) | $824,109 (-7.0%) | 1.35 | 1,701 |
| 2022-07-01 | $589,900 (8.3%) | $791,748 (-5.6%) | 1.33 | 2,169 |
| 2022-08-01 | $571,215 (3.6%) | $757,424 (-11.4%) | 1.32 | 2,327 |
| 2022-09-01 | $556,925 (3.8%) | $742,333 (-11.4%) | 1.30 | 2,352 |
| 2022-10-01 | $549,900 (1.9%) | $747,497 (-13.1%) | 1.29 | 2,419 |
| 2022-11-01 | $549,900 (0.5%) | $747,128 (-16.1%) | 1.32 | 2,289 |
| 2022-12-01 | $550,000 (-1.7%) | $747,922 (-21.3%) | 1.36 | 2,070 |
| 2023-01-01 | $562,400 (0.6%) | $763,064 (-18.9%) | 1.39 | 1,722 |
| 2023-02-01 | $554,950 (-5.7%) | $781,173 (-22.7%) | 1.34 | 1,519 |
| 2023-03-01 | $574,995 (-2.7%) | $808,556 (-16.1%) | 1.35 | 1,410 |
| 2023-04-01 | $589,000 (-4.8%) | $822,410 (-14.9%) | 1.37 | 1,358 |
PROVO - OREM's median listing price for 2023-04-01 was $589,000, a difference of
$-29,720
(-4.8%) versus the prior year and
$14,005 versus the prior month.
PROVO - OREM's median listing price comes in at 137% of the national average.
PROVO - OREM's average listing price for 2023-04-01 was $822,410, a difference of $-144,377 (-14.9%) versus the prior year and $13,854 versus the prior month.
For the 2023-04-01 period, PROVO - OREM had 1,358 MLS listings, a difference of -52 listings (-4%) versus the prior month and 680 listings (100%) versus the prior year.
PROVO - OREM's median listing price comes in at 137% of the national average.
PROVO - OREM's average listing price for 2023-04-01 was $822,410, a difference of $-144,377 (-14.9%) versus the prior year and $13,854 versus the prior month.
For the 2023-04-01 period, PROVO - OREM had 1,358 MLS listings, a difference of -52 listings (-4%) versus the prior month and 680 listings (100%) 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 | 52 days | 3,384 sqft |
| 2018-02-01 | 49 days | 3,437 sqft |
| 2018-03-01 | 29 days | 3,466 sqft |
| 2018-04-01 | 32 days | 3,483 sqft |
| 2018-05-01 | 33 days | 3,463 sqft |
| 2018-06-01 | 34 days | 3,422 sqft |
| 2018-07-01 | 32 days | 3,422 sqft |
| 2018-08-01 | 33 days | 3,398 sqft |
| 2018-09-01 | 43 days | 3,338 sqft |
| 2018-10-01 | 42 days | 3,317 sqft |
| 2018-11-01 | 42 days | 3,282 sqft |
| 2018-12-01 | 54 days | 3,259 sqft |
| 2019-01-01 | 57 days | 3,251 sqft |
| 2019-02-01 | 52 days | 3,265 sqft |
| 2019-03-01 | 53 days | 3,316 sqft |
| 2019-04-01 | 45 days | 3,342 sqft |
| 2019-05-01 | 43 days | 3,266 sqft |
| 2019-06-01 | 44 days | 3,251 sqft |
| 2019-07-01 | 46 days | 3,270 sqft |
| 2019-08-01 | 58 days | 3,290 sqft |
| 2019-09-01 | 65 days | 3,257 sqft |
| 2019-10-01 | 54 days | 3,183 sqft |
| 2019-11-01 | 54 days | 3,161 sqft |
| 2019-12-01 | 58 days | 3,188 sqft |
| 2020-01-01 | 61 days | 3,247 sqft |
| 2020-02-01 | 57 days | 3,372 sqft |
| 2020-03-01 | 45 days | 3,303 sqft |
| 2020-04-01 | 39 days | 3,183 sqft |
| 2020-05-01 | 45 days | 3,224 sqft |
| 2020-06-01 | 48 days | 3,281 sqft |
| 2020-07-01 | 48 days | 3,352 sqft |
| 2020-08-01 | 40 days | 3,369 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 | 40 days | 3,454 sqft |
| 2021-02-01 | 19 days | 3,192 sqft |
| 2021-03-01 | 8 days | 2,954 sqft |
| 2021-04-01 | 9 days | 3,081 sqft |
| 2021-05-01 | 11 days | 2,940 sqft |
| 2021-06-01 | 15 days | 2,950 sqft |
| 2021-07-01 | 17 days | 2,875 sqft |
| 2021-08-01 | 18 days | 2,952 sqft |
| 2021-09-01 | 23 days | 2,835 sqft |
| 2021-10-01 | 24 days | 2,699 sqft |
| 2021-11-01 | 25 days | 2,813 sqft |
| 2021-12-01 | 42 days | 2,902 sqft |
| 2022-01-01 | 50 days | 2,991 sqft |
| 2022-02-01 | 31 days | 2,954 sqft |
| 2022-03-01 | 27 days | 2,846 sqft |
| 2022-04-01 | 24 days | 2,898 sqft |
| 2022-05-01 | 22 days | 2,857 sqft |
| 2022-06-01 | 30 days | 2,896 sqft |
| 2022-07-01 | 38 days | 2,797 sqft |
| 2022-08-01 | 48 days | 2,747 sqft |
| 2022-09-01 | 53 days | 2,692 sqft |
| 2022-10-01 | 59 days | 2,713 sqft |
| 2022-11-01 | 73 days | 2,731 sqft |
| 2022-12-01 | 88 days | 2,774 sqft |
| 2023-01-01 | 94 days | 2,844 sqft |
| 2023-02-01 | 96 days | 2,824 sqft |
| 2023-03-01 | 65 days | 2,935 sqft |
| 2023-04-01 | 61 days | 3,018 sqft |
PROVO - OREM's median listing age (time on market) for 2023-04-01 was 61 days.
This
is 154%
longer
than the same period one year ago.
PROVO - OREM's median square footage for active listings during the 2023-04-01 period was 3,018 sqft. One year prior, the average listing was 2,898 sqft.
PROVO - OREM's median square footage for active listings during the 2023-04-01 period was 3,018 sqft. One year prior, the average listing was 2,898 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.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 84003 | Provo-Orem, UT | $1,010 | $1,040 | $1,190 | $1,690 | $2,040 |
| 84004 | Provo-Orem, UT | $1,320 | $1,370 | $1,560 | $2,220 | $2,670 |
| 84005 | Provo-Orem, UT | $1,230 | $1,270 | $1,450 | $2,060 | $2,480 |
| 84013 | Provo-Orem, UT | $880 | $980 | $1,120 | $1,620 | $1,960 |
| 84020 | Provo-Orem, UT | $1,180 | $1,420 | $1,690 | $2,340 | $2,630 |
| 84022 | Provo-Orem, UT | $700 | $750 | $870 | $1,220 | $1,500 |
| 84034 | Provo-Orem, UT | $700 | $750 | $870 | $1,220 | $1,500 |
| 84042 | Provo-Orem, UT | $1,040 | $1,080 | $1,230 | $1,750 | $2,110 |
| 84043 | Provo-Orem, UT | $1,230 | $1,280 | $1,460 | $2,070 | $2,500 |
| 84045 | Provo-Orem, UT | $1,230 | $1,280 | $1,460 | $2,070 | $2,500 |
| 84057 | Provo-Orem, UT | $880 | $910 | $1,040 | $1,480 | $1,780 |
| 84058 | Provo-Orem, UT | $900 | $930 | $1,060 | $1,510 | $1,810 |
| 84059 | Provo-Orem, UT | $890 | $920 | $1,050 | $1,490 | $1,800 |
| 84062 | Provo-Orem, UT | $960 | $990 | $1,130 | $1,610 | $1,930 |
| 84083 | Provo-Orem, UT | $700 | $750 | $870 | $1,220 | $1,500 |
| 84097 | Provo-Orem, UT | $830 | $860 | $980 | $1,390 | $1,680 |
| 84526 | Provo-Orem, UT | $890 | $920 | $1,050 | $1,490 | $1,800 |
| 84601 | Provo-Orem, UT | $860 | $900 | $1,020 | $1,450 | $1,750 |
| 84602 | Provo-Orem, UT | $890 | $920 | $1,050 | $1,490 | $1,800 |
| 84603 | Provo-Orem, UT | $890 | $920 | $1,050 | $1,490 | $1,800 |
| 84604 | Provo-Orem, UT | $800 | $830 | $950 | $1,350 | $1,630 |
| 84605 | Provo-Orem, UT | $890 | $920 | $1,050 | $1,490 | $1,800 |
| 84606 | Provo-Orem, UT | $860 | $900 | $1,020 | $1,450 | $1,750 |
| 84626 | Provo-Orem, UT | $700 | $750 | $850 | $1,220 | $1,470 |
| 84628 | Provo-Orem, UT | $700 | $750 | $870 | $1,220 | $1,500 |
| 84629 | Provo-Orem, UT | $900 | $940 | $1,070 | $1,520 | $1,830 |
| 84633 | Provo-Orem, UT | $700 | $750 | $850 | $1,220 | $1,470 |
| 84639 | Provo-Orem, UT | $700 | $750 | $850 | $1,220 | $1,470 |
| 84645 | Provo-Orem, UT | $700 | $750 | $850 | $1,220 | $1,470 |
| 84648 | Provo-Orem, UT | $700 | $750 | $850 | $1,220 | $1,470 |
| 84651 | Provo-Orem, UT | $870 | $900 | $1,030 | $1,460 | $1,760 |
| 84653 | Provo-Orem, UT | $1,030 | $1,070 | $1,220 | $1,730 | $2,090 |
| 84655 | Provo-Orem, UT | $820 | $850 | $970 | $1,380 | $1,660 |
| 84656 | Provo-Orem, UT | $700 | $750 | $850 | $1,220 | $1,470 |
| 84660 | Provo-Orem, UT | $960 | $990 | $1,130 | $1,610 | $1,930 |
| 84663 | Provo-Orem, UT | $810 | $840 | $960 | $1,360 | $1,640 |
| 84664 | Provo-Orem, UT | $1,250 | $1,300 | $1,480 | $2,100 | $2,530 |
2022 Average & Median Rent Data Statistics
PROVO-OREM, UT average 1BR rent: $947, median: $920
PROVO-OREM, UT average 2BR rent: $1,082, median: $1,050
PROVO-OREM, UT average 3BR rent: $1,537, median: $1,490
PROVO-OREM, UT Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 13,070 | $6,087,430,000 | $465,756 |
| Cash Out Refi | 4,470 | $1,622,360,000 | $362,944 |
| Home Improvement | 4,245 | $496,195,000 | $116,889 |
| Refi | 4,033 | $1,318,305,000 | $326,879 |
| Other | 2,480 | $373,100,000 | $150,444 |
Provo - Orem's most frequently cited loan purpose was Home Purchase, with 13,070 originations. The 2nd most popular reason was Cash Out Refi, with 4,470 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 7,978 | $3,032,780,000 | $380,143 |
| 3-4% | 6,874 | $2,593,620,000 | $377,309 |
| 5-6% | 5,766 | $2,138,590,000 | $370,897 |
| 6-7% | 2,622 | $824,050,000 | $314,283 |
| 2.5-3% | 1,615 | $663,625,000 | $410,913 |
| <2.5% | 1,575 | $318,665,000 | $202,327 |
| 7-8% | 1,148 | $218,290,000 | $190,148 |
| Over 8% | 712 | $97,520,000 | $136,966 |
During 2022, Provo - Orem's most frequently originated rate bucket was 4-5%, with 7,978 originations.
Loan Sizing (PROVO-OREM, UT MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 9,046 | $2,786,050,000 | $307,987 |
| $400k-600k | 7,658 | $3,675,550,000 | $479,962 |
| $100,000 or less | 4,945 | $264,015,000 | $53,390 |
| $100k-200k | 3,828 | $536,850,000 | $140,243 |
| $600k-1000k | 2,328 | $1,602,520,000 | $688,368 |
| $Over $1MM | 493 | $1,032,405,000 | $2,094,128 |
PROVO - OREM's loan sizing saw the bucket of loans from $200k-400k with 9,046 originations, totaling $2,786,050,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 8,069 | $3,846,415,000 | $476,690 |
| 60-80% | 6,403 | $3,133,445,000 | $489,371 |
| Under 20% | 6,149 | $453,325,000 | $73,723 |
| 20-40% | 3,861 | $875,175,000 | $226,671 |
| 40-60% | 3,593 | $1,468,065,000 | $408,590 |
| Over 100% | 161 | $95,505,000 | $593,199 |
PROVO - OREM's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 8,069 originations, totaling $3,846,415,000 in origination value.