The story of this market
The typical home in ZIP 84606 sells for about $394,950, or $268 per square foot.
Prices are down 16.7% from a year ago, which gives buyers more room to negotiate. Homes take about 76 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,400 a month.
ZIP 84606 — Provo
The 84606 housing market is experiencing a significant correction with median prices down 16.7% year-over-year as of March 2026. Sales volume has declined and days on market have increased substantially compared to the previous year. Several demographic and economic metrics are not determinable at the ZIP level from current public sources.
This ZIP is ideal for students, university faculty, and young professionals who prioritize proximity to campus and transit. It is less suited for families seeking large suburban lots due to the high density and prevalence of multi-family housing.
Median prices moved down 16.7% year over year.
Homes spend a median of 76 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.3% · poverty 34.3% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 84606, Utah County UT
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Provo generally experiences lower crime rates compared to national averages, with property crime being the primary concern in high-density student areas. Regional trends remain stable with consistent community policing efforts.
The area is served by the Provo City School District, which maintains a mix of highly rated elementary schools and diverse secondary options. Academic performance is generally strong, supported by proximity to Brigham Young University.
The region faces moderate wildfire risk in the foothills and potential for seismic activity common to the Wasatch Front. Flood risks are generally low, though localized drainage management is standard.
Economic momentum is driven by the technology sector and the expansion of Brigham Young University. Infrastructure development is focused on transit-oriented growth along the Wasatch Front corridor.
Property taxes are assessed by Utah County based on fair market value, with rates determined by local taxing entities including school districts and municipal services. Primary residences qualify for a 45% residential exemption on the taxable value.
Residents benefit from proximity to the I-15 corridor and the Utah Valley Express (UVX) bus rapid transit system, which connects the ZIP to major employment hubs in Provo and Orem.
The area features extensive access to the Provo River Trail, Rock Canyon Park, and nearby Utah Lake. Shopping and dining are concentrated in the historic downtown and the University Avenue corridor.
The rental market is heavily influenced by the BYU academic calendar, creating high seasonal demand and turnover in late summer. Vacancy pressure is low during the school year but increases significantly in the summer months.
The economy is anchored by Brigham Young University, the technology sector, and healthcare services. The area benefits from a highly educated workforce and strong ties to the broader Provo-Orem tech corridor.
The area is well-served by the Utah Transit Authority (UTA) bus network and the UVX rapid transit line. I-15 provides the primary highway artery for regional commuting.
Development is focused on infill projects and high-density residential units near the university and downtown. Zoning updates are prioritizing transit-oriented development.
The Utah County Assessor conducts annual market value assessments to ensure property taxes reflect current market conditions. Appeals processes are available for property owners.
Parcels are subject to Provo City School District taxes and various municipal service districts. Some areas may fall under specific utility or water conservancy district assessments.
Property insurance premiums are stable but sensitive to wildfire risk in the eastern foothills. Most carriers require standard hazard coverage with no major market withdrawals reported.
Data retrieved from US Census Bureau ZCTA profiles and local market reports.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Splash Summit Waterpark41.8 mi
- The Grid4.612.3 mi
- Classic Skating & Fun Center4.46.6 mi
- Airborne Lindon4.811.6 mi
- Sky Zone Trampoline Park4.717.8 mi
- UCCU Center4.46.5 mi
- LaVell Edwards Stadium (LES)4.73.4 mi
- Topgolf48.6 mi
- Megaplex Lehi at Thanksgiving Point4.519.9 mi
- Soldier Hollow Nordic Center4.219.7 mi
- Megaplex Vineyard at Geneva4.68.6 mi
- Utah Lake State Park4.35.9 mi
- Peaks Ice Arena4.51.6 mi
- Dreamwalk Park4.85 mi
- Lakeside Sports Park4.68 mi
- Sundance Mountain Resort4.612.7 mi
- Cook Family Park4.612.6 mi
- Utah Lake State Park4.35.9 mi
- Lakeside Sports Park4.68 mi
- Battle Creek Falls Trail Head4.711.1 mi
- Lindon Marina4.210.7 mi
- Saratoga Springs Marina4.413.8 mi
- American Fork Marina4.412.8 mi
- Topgolf48.6 mi
- Hobble Creek Golf Course4.57.3 mi
- Links at Sleepy Ridge4.47.8 mi
- Timpanogos Golf Club2.91.2 mi
- The Oaks at Spanish Fork4.59 mi
- WinCo Foods4.58.5 mi
- University Place4.35.1 mi
- Smith's4.22.5 mi
- Rancho Markets4.23.7 mi
- Provo Towne Centre41.8 mi
- Provo Airport4.44.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Popular trailhead and recreational space for hiking and outdoor activities.
Extensive paved trail system connecting the city to Utah Lake.
Central hub for local restaurants, boutiques, and entertainment venues.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.