Provo, UT · Market Data

Provo, Utah real estate market data.

Real estate market data for Provo, UT (Utah County) — Census median home value $437,100, county listing prices down about 3.9% over the past year.

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Provo, UT is in Utah County, Utah — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 114,303, with a median household income of $62,800. Census data puts Provo's median home value at $437,100 (all owner-occupied homes); Utah County's current median listing price runs $572,498, down about 3.9% over the past year.

At a glance

Provo market snapshot

Population

114,303

Median Household Income

$62,800

Median Home Value (city)

$437,100

Median Listing Price (Utah County)

$572,498

Median Gross Rent

$1,152/mo

Price Trend (YoY)

-3.9%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Provo

What makes Provo different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Provo's median home value — across all owner-occupied homes, not just recent sales — at $437,100. Separately, Utah County's current median listing price (via Realtor.com data, 2026-06-01) runs $572,498. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Utah County's FHFA house price index shows a 2.81% annual change in 2025.

Population & Income

Provo has an estimated population of 114,303 and a median household income of $62,800, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Provo's Census-reported median home value works out to about 7.0x the area's median household income, and median gross rent runs roughly 22% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Provo FAQ

What are home values like in Provo, UT?

The Census Bureau's American Community Survey puts Provo's median home value at $437,100. Utah County's current median listing price runs $572,498, down about 3.9% over the past year.

What is the population of Provo, UT?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Provo's population at approximately 114,303.

What's the median rent in Provo, UT?

The Census ACS estimates median gross rent in Provo at approximately $1,152 per month.

What is the median household income in Provo, UT?

Census ACS data puts the median household income in Provo at approximately $62,800.

Is the Provo housing market growing?

Utah County's FHFA house price index shows a 2.81% annual change in 2025.

Is Provo, UT affordable relative to income?

Census ACS data puts Provo's median home value at about 7.0 times the median household income, with median gross rent equal to roughly 22% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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