605 S. 500 W. 31, Provo sold by Miguel and Patt Eraso

The home at 605 S. 500 W. 31, Provo, was sold on June 15 by Miguel and Patt Eraso for $264,900.

Utah Transit Authority was listed as the buyer.

Property taxes on the home totaled $1,480 in 2024, or 0.6% of the sale price.

This property is one of 139 sales in Provo, Utah County, between May 15 and June 15.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.