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Orem, UT Housing

 
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As of 2010-2014, median price of a house in Orem is $202,000, which is lower than the state average of $212,500 and is higher than the national average of $175,700. The Orem median house value has grown by 30.32% since 2000. The growth rate for the price of a house in Orem is lower than the state average rate of 45.45% and is lower than the national average rate of 46.91%. The median year that a house in Orem was built is 1981, which is older than the median year for a house built in the state which is 1984 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 15,753 Owner Occupied Houses in Orem, UT, #128
Orem, UT
202,000 USD
Utah
212,500 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #243
Orem, UT
30.32%
Utah
45.45%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Orem, UTUtahU.S.
Total Housing Units27,199, see rank, 100%999,734132,741,033
Occupied Housing Units25,884, 95.17%, see rank89.64%87.55%
Owner Occupied15,753, 57.92%, see rank62.48%56.34%
Renter Occupied10,131, 37.25%, see rank27.17%31.21%
Vacant Housing Units1,315, 4.83%, see rank10.36%12.45%
For Rent530, 1.95%, see rank1.67%2.34%
For Sale Only256, 0.94%, see rank1.12%1.20%
Rented or Sold, Not Occupied78, 0.29%, see rank0.65%0.92%
For Seasonal, Recreational, or Occasional Use139, 0.51%, see rank4.93%3.97%
For Migrant Workers0, 0.00%, see rank0.04%0.03%
Other Vacant312, 1.15%, see rank1.95%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #146
Orem, UTUtahU.S.
198119841976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Orem, UT%UtahU.S.
Owner-Occupied Units15,753100%624,60574,787,460
With a Mortgage11,07370.29%, see rank72.44%65.58%
Without a Mortgage4,68029.71%, see rank27.56%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Orem, UT
1,389 USD
Utah
1,454 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsOrem, UT%UtahU.S.
$299 or Less110.10%, see rank0.24%0.20%
$300 to $4991621.46%, see rank1.52%1.59%
$500 to $6993573.22%, see rank3.50%5.01%
$700 to $9991,51613.69%, see rank12.22%14.32%
$1,000 to $1,4994,49940.63%, see rank35.88%27.90%
$1,500 to $1,9992,80225.30%, see rank25.42%20.35%
$2,000 to $2,9991,26511.42%, see rank16.09%19.52%
$3,000 or More4614.16%, see rank5.12%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Orem, UT
22.90% of the Total Income
Utah
23.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Orem, UT%UtahU.S.
10% or Less6716.06%, see rank5.58%5.86%
10% to 20%3,72433.63%, see rank31.75%31.95%
20% to 30%3,40730.77%, see rank30.92%27.64%
30% to 40%1,42612.88%, see rank14.45%13.74%
40% or More1,80716.32%, see rank16.97%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Orem, UT
367 USD
Utah
386 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsOrem, UT%UtahU.S.
$199 or Less1833.91%, see rank6.61%7.76%
$200 to $2991,15924.76%, see rank19.45%14.70%
$300 to $4992,38350.92%, see rank47.95%34.63%
$500 to $69972815.56%, see rank17.31%21.16%
$700 or More2274.85%, see rank8.68%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Orem, UT
10.00% of the Total Income
Utah
10.00% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Orem, UT%UtahU.S.
10% or Less2,78159.42%, see rank56.08%40.19%
10% to 20%1,15024.57%, see rank25.84%31.47%
20% to 30%3627.74%, see rank8.49%12.24%
30% to 40%1332.84%, see rank3.30%5.64%
40% or More2064.40%, see rank5.20%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Orem, UTUtahU.S.
Total Housing Units27,199, 100%999,734132,741,033
1-unit, Detached15,720, 57.80%, see rank68.72%61.65%
1-unit, Attached2,558, 9.40%, see rank6.02%5.82%
2 Units1,358, 4.99%, see rank3.28%3.75%
3 or 4 Units2,544, 9.35%, see rank4.50%4.43%
5 to 9 Units1,172, 4.31%, see rank3.38%4.78%
10 or More Units3,298, 12.13%, see rank10.33%13.08%
Mobile Home, Boat, RV, Van, etc.549, 2.02%, see rank3.77%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Orem, UTUtahU.S.
Total Housing Units27,199, 100%999,734132,741,033
1 Room247, 0.91%, see rank1.32%1.95%
2 Rooms333, 1.22%, see rank2.17%2.48%
3 Rooms1,481, 5.45%, see rank6.41%9.13%
4 Rooms4,416, 16.24%, see rank13.89%16.60%
5 Rooms4,360, 16.03%, see rank15.67%20.41%
6 Rooms2,523, 9.28%, see rank13.45%18.06%
7 Rooms2,535, 9.32%, see rank12.35%12.27%
8 Rooms3,143, 11.56%, see rank11.52%8.48%
9 Rooms or More8,161, 30.00%, see rank23.22%10.60%
Median Rooms6.60, see rank6.305.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Orem, UTUtahU.S.
Total Housing Units27,199, 100%999,734132,741,033
No Bedroom254, 0.93%, see rank1.41%2.17%
1 Bedroom1,171, 4.31%, see rank7.26%11.16%
2 Bedrooms6,417, 23.59%, see rank20.21%26.69%
3 Bedrooms6,470, 23.79%, see rank30.54%39.70%
4 Bedrooms5,901, 21.70%, see rank21.69%16.05%
5 or More Bedrooms6,986, 25.68%, see rank18.89%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Orem, UTUtahU.S.
Total Housing Units25,884, 100%896,194116,211,092
Utility Gas23,524, 90.88%, see rank84.97%48.85%
Bottled, Tank, or LP Gas192, 0.74%, see rank2.28%4.86%
Electricity2,027, 7.83%, see rank10.79%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.15%5.86%
Coal or Coke0, 0.00%, see rank0.16%0.12%
Wood107, 0.41%, see rank1.19%2.12%
Solar Energy22, 0.08%, see rank0.03%0.05%
Other Fuel12, 0.05%, see rank0.32%0.47%
No Fuel Used0, 0.00%, see rank0.11%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalOrem, UTUtahU.S.
Occupied Units Paying Rent9,688, 100%258,00839,201,928
$199 or Less71, 0.73%, see rank1.14%1.50%
$200 to $29911, 0.11%, see rank2.08%3.18%
$300 to $499298, 3.08%, see rank6.63%7.37%
$500 to $6991,518, 15.67%, see rank17.63%16.01%
$700 to $9994,015, 41.44%, see rank36.28%29.17%
$1,000 to $1,4992,985, 30.81%, see rank26.58%26.88%
$1,500 to $1,999571, 5.89%, see rank7.30%9.79%
$2,000 or More219, 2.26%, see rank2.34%6.10%
Median$888, see rank$875$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Orem, UTUtahU.S.
Occupied Housing Units25,884, 100%896,194116,211,092
No Vehicles Available987, 3.81%, see rank4.60%9.12%
1 Vehicles Available6,590, 25.46%, see rank26.26%33.80%
2 Vehicles Available10,827, 41.83%, see rank41.80%37.48%
3 or More Vehicles Available7,480, 28.90%, see rank27.34%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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