Orem, UT 84057 - Real Estate Investment Insights & Performance Data

Welcome to our 84057 real estate data hub, tailored for investors in Orem, UT. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 84057 in Orem, UT. Discover Section 8 housing opportunities and challenges to maximize your investment potential in UTAH COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Orem, UT real estate investing. Uncover the wealth of information available, and position yourself for success in the Orem property market.

• Location Overview

  • Zip Code: 84057
  • City: Orem
  • State: UT
  • Metro Area: Provo-Orem, UT
  • County Name: UTAH COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $450,951
  • Average Home Price (Single Family Homes): $468,929
  • Average Monthly Rental Price (All Types): $1,335
  • Price-to-Rent Ratio: 28
  • Zillow Projected % appreciation from 4/2023-4/2024: 1.5%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,140
  • Average 3 Bedroom Section 8 Rental Rates: $1,620
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 32.96
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 23.2
  • Number of Units Offered in Section 8 in the County: 389
  • Number of Occupied Units in Section 8 in the County: 370
  • Percentage of Section 8 Units Occupied in the County: 95.19999695%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 517.17
  • Total % Appreciation since 2000 (Government Data): 211.21
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.24%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -0.06%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 36.8%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 58.53%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 141.08%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 87.52%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 168.06%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 1.46%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%