Is Provo, UT 84606 a buyer’s or seller’s market?
Provo is a seller’s market. With about 3.8 months of supply and 20% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 54% of U.S. ZIP codes, and #16 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
The Provo housing market right now
In the three months ending August 31, 2026, 20% of homes in Provo, UT 84606 sold above their list price, the typical home went under contract in 29 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 66 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 6%, homes sold about as fast and the median sale price held steady to $427,315. 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 71%. On our competition score, Provo ranks #16 of 110 UT ZIP codes with enough sales (score 53 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.
Run the numbers for 84606
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 →Towns like Provo nearby
Find towns like Provo in other states →Where Provo is
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Questions about Provo real estate
Is Provo a buyer’s or seller’s market?
A seller’s market: there were 3.8 months of supply in Provo, UT 84606 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?
20% of homes sold above their original list price, and the typical sale closed at 99.2% 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 $427,315 in the three months ending August 31, 2026, about $275 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