Is Provo, UT 84604 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Provo is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score44/ 100

More competitive than 44% of U.S. ZIP codes, and #52 of 110 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.2Under 4 months = seller’s market
Sold above original list19.3%Share of sales, last 3 months
Median sale-to-list97.8%Sold price ÷ list price
Median days on market29Listing to accepted offer
Median price per sq ft$250▲ +2.6% vs. last year

The Provo housing market right now

In the three months ending August 31, 2026, 19% of homes in Provo, UT 84604 sold above their list price, the typical home went under contract in 29 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 91 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 8%, homes sold faster (31 days then) and the median sale price rose 24% to $669,710. Overall, Provo is more competitive than a year ago, so tougher for buyers.

Within Utah County, homes here sell faster than in 90% of the county’s ZIP codes, and sell more often over asking than in 62%. On our competition score, Provo ranks #52 of 110 UT ZIP codes with enough sales (score 44 out of 100).

Nearby, buyers who want less competition could look at Goshen 84633 (0% sold over asking) or Alpine 84004 (9% sold over asking), while Cedar Valley 84013 (50% sold over asking) and Mapleton 84664 (26% sold over asking) are even more competitive.

Nearby markets

Alpine 84004Buyer’s market $289 /sq ftAmerican Fork 84003Balanced $241 /sq ftCedar Valley 84013Seller’s market $188 /sq ftEagle Mountain 84005Balanced $178 /sq ft Browse all markets →

Where Provo is

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Questions about Provo real estate

Is Provo a buyer’s or seller’s market?

A balanced market: there were 4.2 months of supply in Provo, UT 84604 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Provo?

The typical home went under contract in 29 days in the latest three months.

Do homes in Provo sell over asking?

19% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.

What are property taxes in Provo?

About 0.44% of a home’s value a year in Utah County, or roughly $1,760 on a $400,000 home.

What is the median home price in Provo?

The median sale price was $669,710 in the three months ending August 31, 2026, about $250 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology