- 2 bd
- 1 ba
- 900 sqft

The average Lakewood, UT home value is $461,356, up 1.7% over the past year. (Updated on )
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Typical Home Values: $461,356
1-Year Value Change: +1.7%
(Data through August 31, 2026)
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
The neighborhoods with the highest median home values in Provo, UT include: Sherwood Hills ($939,585), Oak Hills ($859,260), Rock Canyon ($765,654), Indian Hills ($757,696), Riverbottoms ($750,387).
The neighborhoods with the lowest median home values in Provo, UT include: Timp ($273,206), Franklin South ($330,097), Spring Creek ($346,902), Rivergrove ($353,018), Central Business District ($367,429).
Neighborhoods with the highest year-over-year value growth in Provo, UT include: Rock Canyon (8.8%), Sherwood Hills (8.4%), Oak Hills (7.0%), Pleasant View (6.0%), Riverbottoms (5.9%).