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Condos for Sale in Orem, Utah
Orem sits at the base of the Wasatch Mountains along the eastern shore of Utah Lake, and its condo market reflects the city's reputation as one of Utah County's most practical, well-connected places to own. Buyers drawn to condos here typically fall into a few clear camps: Utah Valley University and BYU students or faculty looking for a low-maintenance primary residence, young professionals commuting along the I-15 corridor to Provo or north toward Silicon Slopes in Lehi, and downsizers trading a single-family yard for lock-and-leave convenience without leaving the county they already love. Prices range widely — entry-level units in older complexes near UVU can still be found in the low-to-mid $200,000s, while newer construction and updated units in areas like Center Street or near the Provo Towne Centre corridor push into the $300,000–$400,000 range depending on square footage, HOA amenities, and garage access.
One practical reality worth knowing: Orem's condo landscape includes a mix of FHA-approved and non-approved complexes, which directly affects your financing options — especially important if you're putting less than 20% down. HOA fees vary significantly too, from around $150/month in smaller communities to $350+ in complexes that include water, trash, exterior insurance, and amenity upkeep. Orem gets roughly 300 days of sunshine per year, and the city's grid layout makes getting to Costco, the Orem FrontRunner station, or the mountains straightforward from almost any neighborhood. Browse the active listings below to see what's currently on the market.
May 2026 · Orem market
Live from the Utah MLS — what's actually happening in Orem right now.
Median sale
$544,000
45 closed in May 2026
Median DOM
15 days
listing → contract
Sale-to-list
99.1%
of final list price
Unsold inventory
214
active + pending
42 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.