84097 Home Values & Market Trends

There are 13 homes currently listed for 84097. 84097 real estate market trends show that home prices range from $460,000 to $1,650,000, and the median sales price in the 84097 zip code is $549,899.71. The total number of properties sold within the past twelve months is 205. In 84097, 6 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

84097 Real Estate Market Overview

CityMedian Est. Value
Orem

$ 509,245

$ 335/sqft

Housing Market Summary for 84097

Apr 2023March 2024Change
Median Listing Price$557.5K$533.7K-4.26%
Median Sold Price$575.8K$533.7K-7.31%
Homes For Sale106-40.00%
Homes Sold205186-9.27%
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 84097

The median list price of a home in Orem, is $549,899.71. A total of 13 properties are for sale, and the percentage of properties for sale in the zip code is 13.00%. The total count of 84097 properties is 5,753.

Foreclosure
There is 1 cities within 84097; 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 84097 with orem containing 19 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.09% of all residential properties in 84097 with orem containing 16 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 84097; 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 84097 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 84097. There is 1 cities within 84097; 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 84097. Auction homes and other auction properties account for 0.02% of all properties in 84097. There is 1 cities within 84097; 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 0.23% of residential properties in 84097 with orem containing 39 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 84097; homes for sale in that cities, have a range of median values from $1,529,932 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 84097. orem has 746 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.29% of properties in 84097.

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      Guide for 84097

      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
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Pennsylvania
      Las Vegas Market Report – April 2024
      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

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Las Vegas Market Report – April 2024
      Pennsylvania|posted 25 April 2024

      A comprehensive look at the current real estate trends in Las Vegas and surrounding areas, highlighting the fluctuation in property prices, inventory and sales.

      Recently Listed Homes 84097

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