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Cheap Homes in Provo, UT

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Top Reasons To Live In Provo, UT In 2024

Provo is located in Utah, Utah, with an estimated municipal population of 116,618 residents. All of the best foreclosed homes for sale in Provo are located in the following zip code areas on Foreclosure.com: 84604 84606 84601 84602 84603 84605. The estimated population per square kilometer (.62 miles) in Provo is 1,080.


Cost Of Living In Provo, UT

So, about how much do homes cost in Provo? The most recent median value of resident-owned homes in Provo is 271,878. An estimated 39.6 percent of households in Provo own their homes, with an average family size of 3.39. The median household income in Provo is 48,888, with18.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Provo, the median commute time of resident workers (in minutes) is 18.5. And last, but certainly not least, are you looking for homes to rent in Provo? If so, the average rent price paid by renters in Provo is 877, according to recent statistics.


Diversity And Demographics In Provo, 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 Provo, 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 Provo is 23.6, split between 49.4 percent male versus 50.6 female. The percentage of residents who report being married in Provo is 44.6, with an average family size of 3.39.

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

White 87.9%
Black / African American 0.9%
Asian 2.7%
American Indian / Alaskan Native 0.8%
Native Hawaiian / Other Pacifc Islander 1.3%
Multi-racial 4.2%
Other 2.2%

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

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

Under 10 13%
Aged 10-19 14.8%
20s 42.4%
30s 9.4%
40s 6.9%
50s 5.1%
60s 4.3%
70s 2.5%
80+ 1.8%

Best Schools In Provo, 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 Provo with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Provo.


Pros And Cons Of Living In Provo, Utah

How do you know that living in -- or moving to -- Provo is right where you need to be? Perhaps you grew up in Provo or already live nearby; therefore, the decision to buy a home in Provo is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Provo 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 Provo:

  • 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 Provo.


Reasons To Move To Provo, Utah, In 2024

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

Cheap Homes in Provo, UT


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