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Condos for Sale in Orem, Utah
Orem's condo market serves a mix of first-time buyers, Utah Valley University students and staff, and downsizers who want mountain views without lawn care. Most of the inventory clusters along State Street and Sandhill Road, within a few minutes of UVU and a short drive to BYU in Provo, which keeps steady demand from people who want to own rather than rent near campus. You'll see everything from older two-story complexes built in the 1980s and 90s with lower HOA dues to newer construction near the foothills with attached garages, air conditioning built for summer heat, and community amenities like pools and clubhouses.
Buying a condo here means factoring in monthly HOA dues, which typically run $150 to $350 depending on age and amenities, and checking whether a specific complex carries FHA or VA approval before writing an offer. Winters along the Wasatch Front bring real snow and cold inversion stretches, so having someone else handle plowing and exterior upkeep is a genuine selling point for condo life versus a detached house. Location matters too — units closer to Orem's foothills and Mount Timpanogos views tend to command more than those nearer the industrial stretches by Geneva Road. Browse the active condo listings below to see what's currently on the market in Orem.
August 2026 · Orem market
Live from the Utah MLS — what's actually happening in Orem right now.
Median sale
$550,000
37 closed in August 2026
Median DOM
51 days
listing → contract
Sale-to-list
98.0%
of final list price
Unsold inventory
226
active + pending
45 matching · page 2 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.