Is the housing market slowing down in Provo, UT?
Yes — sales activity in Provo, UT is down. 774 homes sold during May 2026, against 863 in the same months a year earlier, a drop of 10%.
This page is about how many homes changed hands, not what they cost. The two move separately: prices are set by the homes that did sell, and volume tells you how many people managed to transact at all. A market can hold its prices while activity quietly drains out of it.
The change clears both tests we require before naming a direction: it is more than 3% in relative terms, and it is larger than the ordinary month-to-month variation you would expect on a market that sells 774 homes at a time.
The longer view, all measured over the May window so the season is held constant: 814 homes sold two years ago, 863 last year, 774 now. Across two years the level has held roughly steady.
What is on the shelf next to what is selling: 2,813 homes were on the market in Provo, UT, and 774 sold. At that pace it would take about 3.6 months to clear them all. Buyers and sellers are about evenly matched right now.
Every comparison on this page is to the SAME calendar months a year earlier, never to last month. Home sales roughly double between January and May in most of the country, so a month-over-month reading would tell you about the season and nothing about the market.
Source: Redfin's published market data for the Provo, UT area, through May 2026.
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More about the Provo, UT market
- When is the best month to sell a house in Provo, UT?
- How long does it take to sell a house in Provo, UT?
- Do homes sell above asking price in Provo, UT?
- Are home prices going up or down in Provo, UT?
- Is Provo, UT a buyer's market or a seller's market?
- Are sellers cutting prices in Provo, UT?
- What is the average home price in Provo, UT?
- How many homes are for sale in Provo, UT?
- All Provo, UT housing numbers
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Figures come from Redfin's published market data for the Provo, UT area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.