Provo's housing market is diverse, offering a mix of residential options that cater to a range of preferences. Single-family homes are prevalent, making up approximately 60% of the housing stock, with a blend of architectural styles from classic Victorian to contemporary. The remaining 40% is comprised of multi-family units such as apartments and condominiums, reflecting the city's appeal to both families and young professionals. The majority of homes were constructed during a growth spurt in the late 20th century, with a homeownership rate of around 55%, while the rest of the population opts for rental living spaces.