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Provo housing market: home prices, trends and forecast

Provo home prices: the Zillow Home Value Index put the typical home in Provo, Utah at $478,876 in September 2026. That was +1.3% above the prior year and −1.3% below the July 2022 peak of $485,354.

Typical value of a home
$478,876
September 2026, Zillow ZHVI
Change over 12 months
+1.3% since September 2025.
Change over 10 years
Since September 2016, +99.3%.
Value multiple since 2000
Starting at $165,310, ×2.9.
Days on the market
64
Source: Realtor.com for the Provo, UT metro.

Provo home prices since 2000

Provo appears on the steel line, while the United States appears on the grey line. From May 2000, the typical Provo home rose in value from $165,310 to $478,876, or ×2.90. The US recorded ×2.94 during those same months. The boom reached its high in January 2008 at $227,687, then fell to a low of $166,265 in November 2011, a −27.0% change.

$100k$200k$300k$400k$500k20052010201520202025May 2000 · $165,310$366,157$478,876Sep 2026ProvoUnited States$100k$200k$300k$400k$500k20102020May 2000 · $165k$366k$479kSep 2026
For a typical home, the Zillow Home Value Index uses smoothing and seasonal adjustment. Zillow Research data.
May 2000 · $165,310

Annual median home price in Provo

Each yearly figure averages the twelve monthly values. For 2026, the latest month is shown.

YearProvoChange on the yearUnited States
2001$172,242$134,899
2002$172,407+0.1%$144,276
2003$170,567−1.1%$155,308
2004$172,552+1.2%$169,891
2005$172,829+0.2%$189,732
2006$187,425+8.4%$206,531
2007$215,176+14.8%$208,449
2008$220,728+2.6%$195,574
2009$199,009−9.8%$177,542
2010$185,264−6.9%$171,462
2011$169,260−8.6%$162,508
2012$170,454+0.7%$161,137
2013$186,627+9.5%$171,420
2014$198,522+6.4%$182,996
2015$212,199+6.9%$192,738
2016$236,684+11.5%$204,509
2017$256,171+8.2%$216,767
2018$282,936+10.4%$230,541
2019$306,517+8.3%$242,088
2020$330,028+7.7%$257,151
2021$399,342+21.0%$295,959
2022$467,315+17.0%$340,014
2023$451,939−3.3%$348,160
2024$460,245+1.8%$359,751
2025$471,868+2.5%$362,959
September 2026$478,876+1.3%$366,157

Current value of a Provo home bought in any year

This estimate uses an index for a typical home and is not an appraisal.

Each year's figure averages its twelve monthly index values. The current value shown is from September 2026. Other options include the home appreciation calculator.

Are you thinking of selling? Compare local agents through Realtor.com. Advertising disclosure: the site may receive payment for links like this one, but it never changes a number. Disclosure.

Provo housing market forecast

Starting in September 2026, Zillow's Provo, UT metro forecast covers 12 months with +1.9% growth. The next three months are forecast at +0.6%. Provo's typical value of $478,876 would grow under the forecast to near $488,000 one year on.

The metro estimate here comes from Zillow's central forecast; the site publishes no projection of its own. Such a 12-month forecast has typically been off by several percentage points from the realised change, above or below. This is not investment advice.

See every metro forecast in the market forecast table.

Provo housing market crash risk score

76 out of 100, high

The score compares Provo with 292 cities using five conditions that were high before earlier price falls. Each input is rated from 0 to 100 compared with the other cities. The five ratings are then averaged with equal weight. The score shows current conditions; it does not predict a crash.

InputValueSub-scoreWeight
Active listings vs 2019+28.5%7920%
Days on the market vs 2019+28.0%8620%
Price-to-rent ratio25.38520%
Price-to-income ratio8.08820%
12-month price change+1.3%4320%

This is not investment advice. The scoring process is explained in the scoring methodology. Rankings for all 292 cities appear in the city crash risk list.

Provo: inventory and days on market

In September 2026 the Provo, UT metro listed 2,951 homes for sale, +2.2% from a year earlier and +28.5% compared with the same month in 2019. A home listing took a median 64 days to sell, which was +28.0% against 2019. Price cuts appeared on 27.7% of listings.

Provo, UT metro, September 2026ValueOn a year
Active listings2,951+2.2%
New listings894
Median days on market64+7.6%
Median list price$569,900+0.9%
Share with a price cut27.7%

Metro inventory data comes from Realtor.com® Economic Research. Realtor.com data. All metros: days on market by city.

Provo rent and living costs

Provo's typical asking rent is $1,575 a month, based on the Zillow Observed Rent Index. It was +3.8% higher than a year earlier. The typical home costs the equivalent of 25.3 years of rent. With a median household income of $60,139 (Census ACS 2024), the typical home equals 8.0 times that annual income. BEA's metro price figure is 98.2, compared with a US average of 100. Its housing-cost figure is 104.1.

More housing markets in Utah

For the whole state, see Utah housing market.

How to read this chart

Every point shows the Zillow Home Value Index for Provo. This gives a typical home's value in the middle third of the market, with smoothing and seasonal adjustment, using that month's dollars. The hollow dot marks whichever month the slider sits on, while the terracotta dot marks the most recent month. No inflation adjustment applies to these figures. An index tracks the typical home rather than a particular house. Use the card above or the home appreciation calculator with a single home's sale price to work out its value.