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Foreclosure Homes in Orem, UT

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E-680-n-Orem-UT-84097
Preforeclosure
$440,333 EMV

E 680 N
Orem, UT 84097

3 Bed | 2 Bath | 2,092 Sq. Ft.

W-700-n-Orem-UT-84057
Preforeclosure
$144,500 EMV

W 700 N
Orem, UT 84057

3 Bed | 2 Bath | 1,414 Sq. Ft.

5 E-1050-n-Orem-UT-84097
Preforeclosure
$372,470 EMV

E 1050 N
Orem, UT 84097

3 Bed | 3 Bath | 1,476 Sq. Ft.

S-375-e-Orem-UT-84058
Preforeclosure

S 375 E
Orem, UT 84058

3 Bed | 1 Bath | 1,276 Sq. Ft.

S-130-w-Orem-UT-84058
Preforeclosure
$863,824 EMV

S 130 W
Orem, UT 84058

4 Bed | 4 Bath | 3,232 Sq. Ft.

Beverly-ave-Orem-UT-84057
Preforeclosure
$191,250 EMV

Beverly Ave
Orem, UT 84057

2 Bed | 3 Bath | 988 Sq. Ft.

E-1850-n-Orem-UT-84057
Bankruptcy
$335,735 EMV

E 1850 N
Orem, UT 84057

3 Bed | 1 Bath | 1,228 Sq. Ft.

E-850-s-Orem-UT-84058
Bankruptcy
$267,665 EMV

E 850 S
Orem, UT 84058

N-560-w-Orem-UT-84057
Bankruptcy
$381,310 EMV

N 560 W
Orem, UT 84057

4 Bed | 2.5 Bath | 1,756 Sq. Ft.

W-norway-maple-dr-Vineyard-UT-84059
Bankruptcy

W Norway Maple Dr
Vineyard, UT 84059

Displaying 1 - 10 of 18

Foreclosure Homes in Orem, UT

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Orem, UT area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Orem, UT and much more. Save thousands at closing with home foreclosure listings in Orem, UT — up to 75% off market value!


Top Reasons To Live In Orem, UT In 2021

Orem is located in Utah, Utah, with an estimated municipal population of 97,828 residents. All of the best foreclosed homes for sale in Orem are located in the following zip code areas on Foreclosure.com: 84097 84057 84058 84059. The estimated population per square kilometer (.62 miles) in Orem is 2,044.


Cost Of Living In Orem, UT

So, about how much do homes cost in Orem? The most recent median value of resident-owned homes in Orem is 272,279. An estimated 60 percent of households in Orem own their homes, with an average family size of 3.63. The median household income in Orem is 64,590, with27 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Orem, the median commute time of resident workers (in minutes) is 19. And last, but certainly not least, are you looking for homes to rent in Orem? If so, the average rent price paid by renters in Orem is 1,034, according to recent statistics.


Diversity And Demographics In Orem, Utah

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Orem, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Orem is 26.5, split between 50.4 percent male versus 49.6 female. The percentage of residents who report being married in Orem is 56.9, with an average family size of 3.63.

The percentage of residents who report their race in Orem is as follows:

White 89.6%
Black / African American 0.6%
Asian 2.1%
American Indian / Alaskan Native 0.6%
Native Hawaiian / Other Pacifc Islander 1.1%
Multi-racial 3.5%
Other 2.5%

Looking for family-friendly neighborhoods in and/or near Orem? Or maybe you are searching for 55+ active adult communities in and/or near Orem?

The percentage of residents who report their age in Orem is as follows:

Under 10 16.9%
Aged 10-19 15.4%
20s 24.3%
30s 12.7%
40s 8.7%
50s 8.2%
60s 6.9%
70s 4.4%
80+ 2.7%

Best Schools In Orem, Utah

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Orem with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Orem.


Pros And Cons Of Living In Orem, Utah

How do you know that living in -- or moving to -- Orem is right where you need to be? Perhaps you grew up in Orem or already live nearby; therefore, the decision to buy a home in Orem is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Orem for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Orem:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Orem.


Reasons To Move To Orem, Utah, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Orem can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Orem, meanwhile, can field multiple offers from more qualified buyers.

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