84057 Home Values & Market Trends

There are 14 homes currently listed for 84057. 84057 real estate market trends show that home prices range from $285,000 to $969,900, and the median sales price in the 84057 zip code is $480,640.54. The total number of properties sold within the past twelve months is 388. In 84057, 5 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

84057 Real Estate Market Overview

CityMedian Est. Value
Orem

$ 505,375

$ 324/sqft

Housing Market Summary for 84057

Apr 2023March 2024Change
Median Listing Price$494.9K$464K-6.25%
Median Sold Price$460.8K$464K0.69%
Homes For Sale1812-33.33%
Homes Sold324292-9.88%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 84057

The median list price of a home in Orem, is $480,640.54. A total of 14 properties are for sale, and the percentage of properties for sale in the zip code is 14.00%. The total count of 84057 properties is 8,966.

Foreclosure
There is 1 cities within 84057; within this cities, the median estimated home value for homes in foreclosure ranges from $1,092,843 in orem to the lowest value of $293,335 in orem. Foreclosure homes account for 0.00% of properties in 84057 with orem containing 20 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.04% of all residential properties in 84057 with orem containing 17 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 84057; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,092,843 in orem to the lowest home value of $293,335 in orem.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 84057 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 84057. There is 1 cities within 84057; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    orem has 3 auction properties, the highest number of properties going to auction in a single city in the state of 84057. Auction homes and other auction properties account for 0.01% of all properties in 84057. There is 1 cities within 84057; of that cities, the median estimated home value for homes going to auction ranges from $930,762 in orem to the lowest value of $500,444 in orem.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.16% of residential properties in 84057 with orem containing 39 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 84057; homes for sale in that cities, have a range of median values from $1,518,949 in orem to the lowest value of $285,000 in orem.
    Sold Homes
    The median value for recently sold homes ranges from $3,563,700 in orem to the lowest price of $179,231 in orem. There is 1 cities within 84057. orem has 761 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.36% of properties in 84057.

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      Guide for 84057

      Market Reports
      Salt Lake City’s Real Estate Market Sees Average Property Values Drop in 2023-24
      gavel for real estate auction
      Home Buying Guides & Tips
      Utah Foreclosure Laws
      Market Reports
      Knoxville Real Estate Market Report, April 2024
      Market Reports
      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      See More Articles
      Salt Lake City’s Real Estate Market Sees Average Property Values Drop in 2023-24
      Market Reports|posted 29 March 2024

      The Salt Lake City real estate market is experiencing significant shifts, as average property values have dropped citywide. However, neighbourhood trends vary, with West Valley City seeing a slight rise in property values, while others like North Salt Lake show a decline. This fluctuation highlights the importance of localized analysis in real estate investment.

      gavel for real estate auction
      Utah Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Utah Foreclosure Laws

      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      Market Reports|posted 9 April 2024

      Biloxi’s real estate market shows dynamic growth and consumer confidence, with property values rising from $271,000 to $290,000 within a year, despite some price fluctuations.

      Recently Listed Homes 84057

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