Orem city: Median Home Value Trend
How Orem city's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$229,800
2023
$439,000
Total change
+$209,200
% change
+91%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $229,800 | — |
| 2019 | $272,000 | +$42,200 (18.4%) |
| 2020 | $296,900 | +$24,900 (9.2%) |
| 2021 | $329,000 | +$32,100 (10.8%) |
| 2022 | $392,900 | +$63,900 (19.4%) |
| 2023 | $439,000 | +$46,100 (11.7%) |