Current Price

$465,311

1 Month Forecast

â–² $482,423

1-Year Forecast *

â–² $517,996

5-Year Forecast *

â–² $562,699

"Is it a good time to buy homes in Provo?" "Does investing in real estate in Provo (Utah State, Utah County) worth it?" According to our live Forecast System, buying a house in Provo is a good short-term (1-year) investment*. The Provo average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Provo" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Provo in Utah State, Utah County. If you are looking for homes for sale with good flipping profit, Provo can be a profitable property investment option. The median price of an average house in Provo was 465,311 USD on 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Provo" area is 562,699 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +20.93% meaning that investing 100000 USD today may yield a profit of 20,930 USD by 2031.

Current Median Listing Price: 465,311 USD Median Listing Price Per Square Foot: 259 USD

Provo Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Provo (Utah State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Provo Price Target

Provo median home price target in 12 months: $517,996* (upside of 11.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $479,134 $479,313 $478,868 $480,725
2024 $456,036 $465,311 $455,978 $465,311
2023 $454,507 $456,581 $444,621 $456,581
2022 $435,643 $457,896 $435,643 $483,889
2021 $357,336 $428,806 $357,336 $428,806
2020 $316,545 $350,724 $316,545 $350,724
2019 $297,080 $314,169 $297,080 $314,169
2018 $267,628 $295,197 $267,628 $295,197
2017 $245,046 $265,587 $245,046 $265,587
2016 $225,849 $243,457 $225,849 $243,457
2015 $201,997 $223,104 $201,997 $223,104
2014 $194,309 $200,903 $194,309 $200,903
2013 $177,049 $193,609 $177,049 $193,609
2012 $166,598 $175,280 $166,598 $175,280

Questions & Answers about the Provo Housing Market Forecast

How much does an average home cost in Provo today?

The value of an average home (the listing price) in Provo is $465,311 USD.

What is the average price per square foot in Provo?

According to Walletinvestor the median price per square foot in Provo is 259 USD.

Will the median listing price of homes in Provo grow / rise / go up?

Yes. The Provo home prices may rise from 465,311 USD to 517,996 USD in one year.

Is it profitable to invest in Provo homes?

Yes. The long-term profit potential is +11.32% in one year.

Will Provo house prices fall / drop?

No. See above.

What is the predicted price of a Provo home in 2030?

The predicted home sales price of a Provo home in 2030 in Provo is 539,277 USD.

What is the predicted price of a Provo home in 2035?

The predicted home sales price of a Provo home in 2035 in Provo is 611,260 USD.

Will real estate prices decrease in Provo?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Provo is the 381. largest city in the United States, located in Utah State.

During the last 12 months the real estate prices in Utah, Provo decreased, looking at the past 12 months.

According to Walletinvestor's Provo real estate market research, home values will increase in the next 12 months.

Median home values decreased by 3.189% to 465,311 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 11.073% in 2021
  • 12.983% in 2022
  • 11.473% in 2023
  • 12.023% in 2024
  • 12.743% in 2025
  • 11.733% in 2026

Based on our Provo real estate market research and report the predicted sales prices will increase by 192.303% in the next 10 years.

Over the last 12 months, the value of homes in Provo fluctuated: increasing 2 times and decreasing 3 times.

Provo (Utah) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Provo Housing Market Forecast with Real Estate Prices for 2025
August 2025 482423 456855 507992
September 2025 485554 447680 523427
October 2025 488704 447164 530244
November 2025 491875 454493 529258
December 2025 495067 445560 544574
Provo Housing Market Forecast with Real Estate Prices for 2026
January 2026 498279 472369 524190
February 2026 501513 467410 535616
March 2026 504767 475995 533539
April 2026 508042 478576 537509
May 2026 511339 474011 548667
June 2026 514657 476058 553256
July 2026 517996 475521 560472
August 2026 521357 473393 569322
September 2026 524740 488533 560948
October 2026 528145 495929 560362
November 2026 531572 487452 575693
December 2026 532382 502036 562728
Provo Housing Market Forecast with Real Estate Prices for 2027
January 2027 530045 479690 580399
February 2027 527718 498165 557270
March 2027 525401 485996 564806
April 2027 523094 476016 570173
May 2027 520798 484342 557253
June 2027 518511 485326 551696
July 2027 516235 488874 543595
August 2027 513968 482616 545320
September 2027 511712 480498 542926
October 2027 510375 475670 545081
November 2027 511221 475947 546495
December 2027 513626 462264 564989
Provo Housing Market Forecast with Real Estate Prices for 2028
January 2028 516617 467538 565696
February 2028 519016 479052 558980
March 2028 521735 488344 555126
April 2028 523463 488914 558011
May 2028 524104 493182 555026
June 2028 523478 497304 549652
July 2028 523411 480492 566331
August 2028 524724 480122 569325
September 2028 526134 480887 571382
October 2028 526879 485256 568503
November 2028 526271 476802 575741
December 2028 525502 476105 574899
Provo Housing Market Forecast with Real Estate Prices for 2029
January 2029 525044 472540 577549
February 2029 525944 497543 554345
March 2029 528062 498490 557633
April 2029 530997 490110 571884
May 2029 534125 482849 585401
June 2029 537590 490283 584898
July 2029 539277 506920 571634
August 2029 539375 497843 580907
September 2029 538830 488719 588941
October 2029 537672 506487 568857
November 2029 537292 498607 575977
December 2029 537791 501759 573823
Provo Housing Market Forecast with Real Estate Prices for 2030
January 2030 541281 489318 593244
February 2030 544793 509382 580205
March 2030 548328 501172 595485
April 2030 551886 523188 580584
May 2030 555467 522139 588795
June 2030 559072 513787 604357
July 2030 562699 510368 615030
August 2030 566351 510282 622419
September 2030 570026 521003 619048
October 2030 573724 537580 609869
November 2030 577447 524899 629995
December 2030 581194 537605 624784
Provo Housing Market Forecast with Real Estate Prices for 2031
January 2031 584965 550452 619478
February 2031 588761 538128 639395
March 2031 592581 536286 648877
April 2031 596427 557659 635194
May 2031 597335 538199 656471
June 2031 594712 561408 628016
July 2031 592101 542365 641838
August 2031 589502 543521 635483
September 2031 586914 553460 620368
October 2031 584337 535253 633421
November 2031 581772 545702 617842
December 2031 579218 524771 633664
Provo Housing Market Forecast with Real Estate Prices for 2032
January 2032 576675 547264 606085
February 2032 574143 536250 612036
March 2032 572643 534849 610438
April 2032 573592 516806 630377
May 2032 576291 544019 608563
June 2032 579646 539071 620222
July 2032 582338 527016 637660

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.