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Condos for Sale in Provo, Utah
Provo's condo market is shaped by one dominant force: BYU. Roughly 35,000 students live in or near the city, which means a large slice of condo inventory sits within walking or biking distance of campus and was built with student rentals in mind. That creates an unusual dynamic for Utah County — owner-occupants, investors targeting BYU-approved housing zones, and young families looking for an affordable entry point all compete for the same units. Prices generally run lower than single-family homes in Provo, with most condos sitting between the mid $200s and low $500s depending on size, age, and proximity to campus, downtown, or the mouth of Provo Canyon.
Beyond the campus bubble, Provo has a growing stock of newer townhome-style condos in north Provo, near the Riverwoods shopping district, and along the East Bay corridor close to I-15 and the FrontRunner station. These tend to attract Silicon Slopes commuters heading to Lehi and tech workers at Qualtrics and other downtown employers. Climate matters too — Provo gets real winters with snow at the foothills and hot, dry summers, so HOA-handled snow removal and exterior maintenance are genuine selling points for buyers tired of yard work. HOA dues, rental restrictions, and FHA approval status vary a lot between complexes, so it pays to read the docs carefully. Browse the active listings below to see what's currently on the market in Provo.
May 2026 · Provo market
Live from the Utah MLS — what's actually happening in Provo right now.
Median sale
$445,000
61 closed in May 2026
Median DOM
20 days
listing → contract
Sale-to-list
98.5%
of final list price
Unsold inventory
247
active + pending
57 matching · page 2 of 3
Active listings
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Common questions
About condos for sale in Provo.
What's the typical price range for condos in Provo? ▾
Most Provo condos trade between the mid $200s and low $500s, depending on size, age, and proximity to BYU or downtown. Older student-oriented units near campus tend to sit on the lower end, while newer builds in north Provo or near the Riverwoods push higher. HOA fees usually run $150–$350 a month.
Are Provo condos a good investment for renting to BYU students? ▾
They can be, but Provo enforces strict zoning around student housing. Only units in approved BYU-contracted zones can rent to single students, and the city actively checks compliance. If you're buying as an investor, confirm the zoning with the city and ask the HOA about rental caps before writing an offer.
Do Provo condo HOAs typically cover utilities? ▾
It varies widely. Many older complexes near campus include water, sewer, trash, and sometimes gas in the HOA dues, which is part of why student-area condos cash flow. Newer townhome-style condos in north Provo often only cover exterior maintenance, landscaping, and insurance on the building shell.
Which Provo neighborhoods have the most condo inventory? ▾
The biggest concentrations are around BYU (Wymount-adjacent streets, Cougar Boulevard, 700 North), downtown along Center Street and 500 West, and newer developments in north Provo near the mouth of Provo Canyon. East Bay and the Riverwoods area also have a steady supply of larger, newer units.
How competitive is the Provo condo market right now? ▾
Well-priced condos under $350K still move quickly because of the BYU rental demand and first-time buyer activity. Larger units above $500K sit longer, especially with current interest rates. Spring and late summer (before fall semester) are the busiest stretches.
Can I get an FHA loan on a Provo condo? ▾
Only if the complex is FHA-approved, and many older Provo condo projects are not. Your lender can pull the HUD approval list, or you can ask the HOA directly. If FHA approval is missing, conventional loans with 5–10% down are the usual fallback.