Neighborhoods & Areas in Orem

Notable Landmarks

  • Utah Valley University
  • SCERA Park
  • Mt. Timpanogos Temple

Current New Construction in Orem

Builder communities, pricing, and incentives currently available.

Payments shown with 6.5% rate, 30-yr fixed, taxes & insurance included. FHA = 3.5% down + MIP · Conventional = 20% down, no PMI.

Jones Court
Incentives Quick Move-In
From $3,096/mo FHA 3.5% down
Richmond American Homes

Jones Court

$420,000 – $580,000 3–5 bd 1,800+ sqft
Design Credit Home Gallery Credit
Deer Horn Estates
Incentives
From $3,405/mo FHA 3.5% down
Ivory Homes

Deer Horn Estates

$560,000 – $780,000 3–6 bd 2,200+ sqft
Rate Buydown 2-1 Rate Buydown on Select Homes
View all communities in Orem →

Why Buy New Construction in Orem?

Orem is a family-friendly city in northern Utah County with a growing new construction market. The city's central location between Provo and Lehi provides easy access to employment, education, and recreation throughout the county.

New construction in Orem gives buyers access to modern floor plans, energy-efficient building standards, and builder warranty coverage that existing homes simply can't match. With current builder incentives — including rate buydowns, closing cost credits, and upgrade allowances — the monthly payment on a new home in Orem can be surprisingly competitive.

Whether you're a first-time buyer, relocating to the Utah County, or upgrading from your current home, having independent guidance through the process helps you compare options clearly, avoid contract pitfalls, and make confident decisions.

Builder Incentives in Orem

Builders active in Orem frequently offer incentives to attract buyers. Common incentives include:

  • Rate buydowns — temporary or permanent interest rate reductions that lower your monthly payment
  • Closing cost credits — builder contributions that reduce out-of-pocket costs at closing
  • Design and upgrade allowances — credits toward flooring, countertops, fixtures, and other upgrades
  • Price adjustments — targeted pricing on move-in-ready inventory homes

These incentives can change frequently. Contact us for the latest incentives available in Orem.

The New Construction Process in Orem

  1. Share your target area within Orem and monthly payment comfort zone
  2. Get pre-qualified to confirm your budget and identify available programs
  3. Review builders, communities, and incentives in the Orem area
  4. Tour communities and compare options on monthly payment, not just price
  5. Navigate contracts, construction, inspections, and closing with buyer-side advocacy

Building in Orem? Let's talk.

Get independent guidance tailored to the Orem new construction market.