ZIP 84058 (Orem, UT) Housing Market & Real Estate Update — February 23, 2026

ZIP 84058 (Orem, Utah County, UT) is showing a familiar winter pattern: prices are generally holding, but homes are taking longer to move and buyers have a bit more negotiating room than last year.

Top takeaways

Prices are steady-to-slightly-up depending on the tracker: Redfin shows a Dec 2025 median sold price of $485K (+1.0% YoY), while Zillow’s ZHVI through Jan 31, 2026 puts typical values near $479,927 (+2.7% YoY).
Homes are taking longer to sell: Redfin reports 60 median days on market in Dec 2025 (up from 44 a year earlier).
Inventory reads as modest: Zillow showed 62 homes for sale as of Jan 31, 2026, and Realtor.com’s ZIP dashboards also describe a more buyer-leaning setup (note the reporting periods vary by portal).
Rents look mixed: Realtor.com’s ZIP dashboards show median rent estimates around the mid-$1,600s to mid-$1,700s depending on the reporting period.

Market snapshot (what the latest dashboards say)

For closed sales, Redfin’s most recent monthly snapshot (Dec 2025) shows 65 homes sold in 84058 (up from 56 the prior year), alongside a median sold price of $485K and 60 days on market. That combination often points to a market where deals are still getting done, but buyers are shopping more carefully and sellers need sharper pricing and presentation.

On the valuation side, Zillow’s Home Value Index for 84058 shows typical values near $479,927 with data through Jan 31, 2026, plus a median list price of $502,450 and 62 homes listed for sale at the end of January.

What’s for sale nearby (no-address quick scan)

If you are shopping this week, it helps to split searches by property type and motivation:

Price-drop homes (often the clearest signal a seller wants to move).
Condos/townhomes vs. single-family (monthly costs and HOA rules can swing affordability).
Newer builds or infill remodels (watch for closing-cost credits or rate buydowns instead of headline price cuts).

Rates and affordability

Mortgage rates remain the swing factor for 2026 affordability. If you are planning to buy in 84058, consider re-checking pre-approval terms before you tour heavily (points vs. no points, and whether a temporary buydown is on the table).

ServiceXTC pros to line up before you list or close

ServiceXTC’s verified provider coverage appears thin specifically for ZIP 84058 right now. Here are a few verified ServiceXTC provider pages we could confirm today that match common pre-listing or post-close needs (coverage/availability may vary):

3-D Roofing & Remodeling — Roofing contractor
Ultimate Power Electric LLC — Electrician
Zuniga’s Plumbing Inc — Plumber
Tufts Plumbing and Heating — Plumber

Question for 84058 locals: Are you seeing more price cuts lately, or are well-priced homes still going pending quickly in your part of Orem?

Sources

https://www.redfin.com/zipcode/84058/housing-market
https://www.zillow.com/home-values/94423/orem-ut-84058/
https://www.realtor.com/local/market/utah/zipcode-84058
https://www.realtor.com/realestateandhomes-search/84058/overview
https://servicextc.com/3-d-roofing-remodeling/
https://servicextc.com/ultimate-power-electric-llc/
https://servicextc.com/zunigas-plumbing-inc/
https://servicextc.com/tufts-plumbing-and-heating-2/