240 S  Palisades Dr E, Orem, UT 84097
OFF MARKET

240 S Palisades Dr E
Orem, UT 84097

Orem
  • Studio

$549,800

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $3,096/mo*

$549,800

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $3,096/mo*
Studio

Home Value

Trulia Estimate
$550K
Since last month
Decreased$14K (-2.4%)
Since last year
Decreased$41K (-6.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -5% in the last 10 years
MonthEstimated value
2026
August 2026$564K
July 2026$552K
June 2026$577K
May 2026$578K
April 2026$571K
March 2026$554K
February 2026$562K
January 2026$555K
2025

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.17
Single-Family Home
-
10/02/25
4
3
1,776
0.23
Single-Family Home
-
08/27/25
6
11
17,242
0.46
Single-Family Home
-
06/08/26
4
3
2,576
0.48
Single-Family Home
-
11/10/25
2
2
1,212
0.64
Single-Family Home
-
01/20/26
3
3
1,297
0.66
Single-Family Home
-
08/29/25
5
2
2,576
0.78
Single-Family Home
-
12/11/25
5
3
2,000
0.82
Single-Family Home
-
05/20/26
5
2
3,194
0.83
Single-Family Home
-
12/22/25
3
5.5
2,253
0.84
Single-Family Home
-
12/01/25
2
3
2,327
Home facts updated by county records

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.27
$741,000
5
3.5
3,682
Off Market
0.29
$585,000
4
3
2,882
For Sale
0.30
$430,000
-
-
-
For Sale
0.32
$629,900
5
4
2,664
For Sale
0.38
$514,900
3
2
2,016
For Sale
0.41
$629,999
4
3
2,520
For Sale
0.42
$1,399,000
6
5
4,573
For Sale
0.43
$459,900
3
3
2,662
For Sale
0.47
$549,900
5
2.5
2,576
For Sale
0.52
$535,000
4
2
2,436
For Sale
0.55
-
-
-
-
Off Market
0.59
$699,900
5
3.5
3,193
For Sale

Local Information

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About this House

240 S Palisades Dr E is in the Orem neighborhood in Orem, UT and in ZIP code 84097.
240 S Palisades Dr E, Orem, UT 84097 is a studio property in Orem. It is currently off market. The Trulia Estimate is $549,800, with a rent estimate of $2,683/month.

Price and Tax history

DateEventPrice
Jul 22, 2024
Source: UtahRealEstate.com #2009951
Pending
$599,900
Jul 8, 2024
Source: UtahRealEstate.com #2009951
Listed For Sale
$599,900

Market trends in Orem

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$507K
$4.71K
MoM
Sale-to-List Price
99.4%
0.1%
MoM
Price per sq ft
$240
$1
MoM
Available listings
233
6
MoM
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Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Orem

At least 14 Trulia users voted on each feature.
  • 93 % Say car is needed

  • 90 % Say there are sidewalks

  • 90 % Say it's dog friendly

  • 89 % Say there's holiday spirit

  • 82 % Say parking is easy

  • 70 % Say yards are well-kept

  • 67 % Say people would walk alone at night

  • 64 % Say streets are well-lit

  • 63 % Say kids play outside

  • 59 % Say it's walkable to restaurants

  • 56 % Say they plan to stay for at least 5 years

  • 47 % Say it's walkable to grocery stores

  • 47 % Say it's quiet

  • 43 % Say neighbors are friendly

  • 43 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Ryann B. W.
    "I love it here. lots of families and dogs. lots to do and be involved in! good restaurants and shopping. close to everything. still nice neighborhood feel."
  • Ryann B. W.
    "I've lived in this neighborhood for 2 years now and LOVE it. Neighbors are kind and welcoming. We watch out for each other when others are on vacation and such."
  • Ryann B. W.
    "Dogs are welcome and loved here! We see dog walkers all the time and own two ourselves. and the sidewalks are always clean."
  • Frances H.
    "Wonderful neighborhood! Neighbors are caring and considerate, homes are nice and well cared for, close to everything but quiet and safe. "

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Homes for sale near 240 S Palisades Dr E

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Off Market Homes Near 240 S Palisades Dr E

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Frequently asked questions about 240 S Palisades Dr E

  • What is 240 S Palisades Dr E estimated to be worth?
    Trulia's estimated value for 240 S Palisades Dr E in Orem, UT is $549,800.
  • Is Orem a buyer's or seller's market?
    Orem is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Orem?
    The median sale price in Orem is $507K. That is down $4.71K from the prior month.
  • What do residents say about Orem?
    Residents describe Orem, UT as pedestrian-friendly, dog-friendly, and easy to park in. See recently sold homes in Orem, UT.