Csj Estates LLC sells 481 W. 40 N., Orem

The home at 481 W. 40 N., Orem, was sold on July 9 by Csj Estates LLC for $504,100.

Konni Lee Newman was listed as the buyer.

Property taxes on the home totaled $2,267 in 2024, or 0.4% of the sale price.

This property is one of 113 sales in Orem, Utah County, between June 9 and July 9.

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.