84604, Provo, UT

Home equity is the difference between the market value of a home and what a homeowner owes on their mortgage. In Provo, home equity averaged $157,000 in 2016. This means that homeowners in Provo had more than twice the amount of equity in their homes as borrowers who were still current on their mortgages.

The average price of a home in Provo was $269,000 in 2016. This means that homeowners had an average of over three times the amount of equity in their homes as borrowers who were still current on their mortgages. Home prices have increased significantly since 2006, when they averaged $151,000.