35Alpha

Provo, UT metro area Housing Market Brief

metro · UT · as of August 2026

Buyer's

What is Provo, UT metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-0.853
Inventory Health25%
-7.030
Affordability20%
22
Economic Strength20%
44
Rental Yield15%
-1.123

Where is Provo, UT metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Provo, UT metro area is classified as Declining cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Provo, UT metro area?

Our model forecasts Provo, UT metro area’s home prices to hold flat over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Provo, UT metro area housing market data

MetricValueYoY
Median Sale Price$548K▲ +6.5%
Median Days on Market58 days▲ +1.8%
Months of Supply4.0▲ +8.1%
Homes for Sale3,247▲ +5.6%
Homes Sold835-3.5%
Median Price / Sq Ft$212▲ +0.4%

How has Provo, UT metro area’s Alpha Score moved?

Now: 35
12-period trend
Median sale price · 12 mo

Markets like Provo, UT metro area

Frequently asked questions

Is Provo, UT metro area a buyer's or seller's market?

As of August 2026, Provo, UT metro area is classified as a Buyer's Market, based on its Alpha Score of 35 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Provo, UT metro area?

The median sale price in Provo, UT metro area is $548K, having risen 6.5% over the past year.

How affordable is Provo, UT metro area?

Provo, UT metro area scores 22 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Provo, UT metro area's Alpha Score?

Provo, UT metro area's strongest dimension is Price Momentum (53/100) and its weakest is Affordability (22/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Provo, UT metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.