$465,000
4025 W 740 N Unit 15
Lehi, UT
4 bd3 ba2,494 sqft$186/ft²
Townhouse1,307 sqft lot
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Sarah Mitchell
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Compass Real Estate · Lehi, UT
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Lehi, UT(512) 555-0184TX License #0512847
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Lehi, UT Housing Market & Real Estate
Seller's market+2.9% YoY
Housing market overview · Updated monthly ·
$589,900median sale price
How is the Lehi, UT housing market right now?
The median home sale price in Lehi, UT is $589,900, up 2.9% year-over-year. Homes sell in an average of 31 days with 302 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lehi a buyer's or seller's market?
Seller's market2.7 months of supply31 avg. days on market
Lehi, UT is currently a seller's market, based on 2.7 months of supply and homes selling in about 31 days. How we determine this →
Homes sold
111
Last 12 weeks
Days on market
31
Average pace
Active listings
302
2.7 months supply
Sale-to-list
99.7%
Below asking
What does the Lehi housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $589,900 |
| Median list price | $618,250 |
| Year-over-year price change | +2.9% |
| Average days on market | 31 days |
| Active inventory | 302 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 99.7% |
| Median price per sq ft | $237/sq ft |
| Homes sold (latest month) | 111 |
| New listings (latest month) | 136 |
| Listings with a price cut | 38.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lehi by property type?
How the Lehi, UT market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $712,500 | $236/sq ft | 80 | 31 days |
| Condo / Co-op | $325,000 | $255/sq ft | 4 | 42 days |
| Townhouse | $447,000 | $229/sq ft | 27 | 30 days |
Source: Redfin · Updated monthly
The Lehi housing market is currently classified as a seller's market with a median sale price of $589,900. Prices have risen 2.9% compared to last year, with homes spending an average of 31 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.6x provides context for how home values compare to local earning capacity.
Homes for sale in Lehi
There are currently 302 homes listed for sale in Lehi, Utah. The median listing price is $618K. Featured listings range from $465,000 to $1,633,000.
$550,000
2389 W 2350 N
Lehi, UT
4 bd3 ba2,133 sqft$258/ft²
House4,792 sqft lot
View photos & details
$641,900
3959 W 1000 N Lot 440
Lehi, UT
4 bd3 ba
House
View photos & details
$648,900
3961 W 950 N Lot 457
Lehi, UT
4 bd3 ba
House
View photos & details
$654,900
3913 W 950 N Lot 453
Lehi, UT
4 bd3 ba
House
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$659,900
953 N 4020 W Lot 464
Lehi, UT
3 bd3 ba
House
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$695,900
3946 W 950 N Lot 448
Lehi, UT
3 bd3 ba
House
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$699,900
3982 W 950 N Lot 459
Lehi, UT
4 bd3 ba
House
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$701,900
N Canvasback Dr Lots 406 & 1052
Lehi, UT
3 bd3 ba
House
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$701,900
973 N 4020 W Lot 446
Lehi, UT
3 bd3 ba
House
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$742,900
3970 W 950 N Lot 458
Lehi, UT
3 bd3 ba
House
View photos & details
$1,633,000
1027 W Seasons View Ct
Lehi, UT
7 bd5 ba5,554 sqft$294/ft²
House9,148 sqft lot
View photos & details
Looking to buy in Lehi?
Get connected with a local real estate expert — free, no obligation.
Active listings
302
Homes on market
Median list price
$618K
Avg. days on market
31
Days until sale
New this week
136
Newly listed
Price drops:38.4%of listings
Sale-to-list:99.7%
Who lives in Lehi?
Population
81,039
Median income
$125,860/yr
Median age
26.6 years
Owner-occupied
77.1%
College grads
50.2%
Avg commute
22.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Lehi?
Zillow home value
$575,370
Zillow rent index
$2,265/mo
Price-to-rent ratio
21.2x
Price-to-income
4.6x
Source: Zillow Research
What is it like to live in Lehi?
Lehi is a community of approximately 81K residents with a median age of 26.6 years.The median household income is $125,860, which reflects a relatively affluent area with strong earning potential. 50.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 77.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lehi offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lehi?
21 schools tracked · 21,490 students
The largest public schools serving Lehi, UT by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Skyridge High School
Grades 9-12 · 2,469 students
Lehi High
Grades 10-12 · 2,082 students
Viewpoint Middle
Grades 7-9 · 1,729 students
Willowcreek Middle
Grades 7-9 · 1,642 students
Lehi Jr High
Grades 7-9 · 1,232 students
Dry Creek School
Grades PK-6 · 1,121 students
North Point School
Grades PK-6 · 1,056 students
River Rock School
Grades PK-6 · 999 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lehi, UT?
Want a head-to-head view? Compare Lehi side-by-side with any other U.S. city using our market-comparison tool.
Is Lehi a good real estate investment market?
For investors evaluating Lehi, the price-to-rent ratio of 21.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 2.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Lehi's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lehi's median home price.
Frequently asked questions
What is the average home price in Lehi?
The median home sale price in Lehi is $589,900, up 2.9% from last year.
How long do homes stay on market in Lehi?
Homes typically spend 31 days on market before going under contract.
What is the median income in Lehi?
The median household income is $125,860 per year.
Is Lehi a buyer's or seller's market?
With 2.7 months of supply, Lehi is currently a seller's market.
How many homes are for sale in Lehi?
There are currently 302 homes listed for sale in Lehi, UT.
What is the Zillow home value estimate for Lehi?
The Zillow Home Value Index (ZHVI) for Lehi is $575,370, representing the typical home value in the area.
What is the median condo price in Lehi?
The median condo/co-op sale price in Lehi, UT is $325,000, compared to $712,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lehi?
The median single-family home price in Lehi, UT is $712,500 (about $236 per square foot).
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