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Condos for Sale in Orem, Utah
Orem's condo market runs on Utah Valley University and the tech corridor along the I-15 frontage. A big share of listings cluster near UVU's campus and University Parkway, drawing students, staff, and investors who rent to them, while other developments near Sam White Lane and the Provo border lean toward young professionals working at Qualtrics, Ancestry, or Vivint down in Lehi and Provo. Prices for a two-bedroom unit generally run from the high $200s into the $400s, well below Orem's detached single-family median, which is what pulls a lot of first-time buyers away from houses and into condos in the first place.
HOA dues matter more here than in most Utah cities because so many complexes were built in the 1980s and 90s and are now paying for roof, siding, or parking-lot work — ask for the HOA's reserve study before you write an offer. Winters bring real snow, so buildings with covered parking or attached garages hold value better and rent faster than surface-lot units. Proximity to UVU also means some complexes are age-restricted or explicitly student-oriented, which affects both resale pool and financing — a few require higher owner-occupancy ratios for conventional loans to work. Browse the active listings below to see what's currently on the market.
July 2026 · Orem market
Live from the Utah MLS — what's actually happening in Orem right now.
Median sale
$502,000
43 closed in July 2026
Median DOM
20 days
listing → contract
Sale-to-list
98.5%
of final list price
Unsold inventory
217
active + pending
43 matching · page 1 of 2
Active listings
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Common questions
About condos for sale in Orem.
What do condos in Orem typically cost? ▾
Most condos in Orem trade in the low $300s to mid $400s, depending on size, age, and proximity to UVU or the I-15 tech corridor. Newer townhome-style condos and three-bedroom units near Thanksgiving Point or University Place tend to price higher, while older two-bedroom units closer to State Street come in lower.
Are Orem condos a good option for UVU or BYU student housing? ▾
Yes — Orem condos are a common buy-for-your-student play because UVU is right in town and BYU is a 10-minute drive south. Just confirm the HOA allows rentals and check the current rental cap; some Orem associations limit the percentage of non-owner-occupied units, which can affect resale and financing.
What do HOA dues usually cover in Orem condo communities? ▾
Dues typically run $150 to $300 per month and cover exterior building maintenance, roof reserves, landscaping, snow removal, and trash. Some communities include water, sewer, and basic internet; pools, clubhouses, and pickleball courts are more common in the newer projects on the north and south ends of town.
Can I use an FHA or VA loan on an Orem condo? ▾
Only if the specific project is approved by HUD or the VA. Approval status changes, so your agent or lender should pull the current list before you write an offer. If a project isn't approved, conventional financing with 5% down is usually the workable path.
How is the commute from Orem to Silicon Slopes and Salt Lake? ▾
Lehi and Thanksgiving Point are 10 to 20 minutes north on I-15, and downtown Salt Lake runs about 45 minutes outside of rush hour. FrontRunner has a station in Orem near UVU, which makes a car-free commute up to Salt Lake realistic for tech workers.
Are short-term rentals like Airbnb allowed in Orem condos? ▾
Orem city code restricts short-term rentals in most residential zones, and the majority of condo HOAs prohibit them outright in their CC&Rs. If nightly rental income is part of your plan, Orem is generally the wrong city — Park City, St. George, or parts of Midway are better fits.