84097 Home Values & Market Trends
There are 14 homes currently listed for 84097. 84097 real estate market trends show that home prices range from $449,900 to $1,650,000, and the median sales price in the 84097 zip code is $549,931.87. The total number of properties sold within the past twelve months is 204. In 84097, 6 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.
84097 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Orem | $ 509,401 $ 321/sqft |
Housing Market Summary for 84097
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $557.5K | $533.7K | -4.26% |
| Median Sold Price | $575.8K | $533.7K | -7.31% |
| Homes For Sale | 10 | 6 | -40.00% |
| Homes Sold | 205 | 186 | -9.27% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 84097
Browse Homes in 84097
The median list price of a home in Orem, is $549,931.87. 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 84097 properties is 5,752.
- Pre-ForeclosurePre-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 OwnedThe 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.
- Auctionsorem 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.
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Guide for 84097
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.
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.