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Lehi TabernaclePhoto: Hamilton Gardner · Public domain
Housing in Lehi

1,281 homes sold in Lehi in the last year, at a typical $583K

About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lehi homes are listed.

Homes sold
1,281
June 2025 to May 2026
Typical sale price
$583K
houses $666K · condos $331K
Price per square foot
$227
Utah $260
Paid vs. asking
98.9%
21% sold over asking
For sale now
302
May 2026 · 111 sold that month
What sold · last 12 months

4% of Lehi’s sales are condos, at $334K less than a house

846 houses and 52 condos sold in the year to May 2026. Houses sell faster. Condos draw more bidding wars.

Houses$666K

typical sale · 846 sold in 12 months

Per square foot
$228UT $247
Days to sell
52
Sold over asking
20%
Listings with a price cut
34%
Condos$331K

typical sale · 52 sold in 12 months

Per square foot
$263UT $403
Days to sell
59
Sold over asking
31%
Listings with a price cut
36%
Fewer sales

Multi-family (2–4 units): 7 sold, typical $739K
Townhouses: 376 sold, typical $459K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at twice the 2016 price

1,281 sales in the last year, against 1,753 in 2019 and a low of 831 in 2012. The typical sale went from $300K in 2016 to $583K.

Homes soldTypical sale price
045090013501800$250K$400K$550K$700K2012: 831 sold, typical $215K’122013: 942 sold, typical $247K2014: 1026 sold, typical $261K’142015: 1167 sold, typical $284K2016: 1185 sold, typical $300K’162017: 1199 sold, typical $314K2018: 1414 sold, typical $338K’182019: 1753 sold, typical $344K2020: 1669 sold, typical $390K’202021: 1509 sold, typical $490K2022: 1449 sold, typical $522K’222023: 1326 sold, typical $492K2024: 1169 sold, typical $541K’242025: 1187 sold, typical $578KLast 12 months: 1281 sold, typical $583KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $600K buys in Lehi

Houseat $228 a sq ft
Condoat $263 a sq ft
The same money in Utahat $247 a sq ft

Is this asking price fair?

Check a listing against what Lehi homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Lehi are rarer than before the pandemic, with about as many homes for sale

We read every month of Lehi’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 1,281 sales.

If you’re buying in Lehi

  • Shop in July. It brings about 150 new listings a month, close to the busiest month, with fewer bidding wars (33% over asking).
  • You can negotiate. 33% of listings have cut their price, against 22% before the pandemic.
  • Bid near asking. Buyers paid 98.9% of the list price on average; 21% paid over.
  • You’ll usually have time. Only 29% of homes go under contract within two weeks; the typical one takes 48 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 170 a month), but April is the most competitive: 39% of April sales close over asking. June and July offer nearly as much choice with fewer homes bid up (36%). January has the least competition (27%).

New listings a monthShare sold over asking
042.585127.517013%27%40%Sweet spotJan: 114 new listings a month, 27% sold over asking, 56 days to sellJFeb: 104 new listings a month, 31% sold over asking, 68 days to sellFMar: 146 new listings a month, 36% sold over asking, 36 days to sellMApr: 164 new listings a month, 39% sold over asking, 27 days to sellAMay: 170 new listings a month, 38% sold over asking, 27 days to sellMJun: 158 new listings a month, 36% sold over asking, 28 days to sellJJul: 150 new listings a month, 33% sold over asking, 34 days to sellJAug: 144 new listings a month, 35% sold over asking, 33 days to sellASep: 128 new listings a month, 32% sold over asking, 38 days to sellSOct: 114 new listings a month, 31% sold over asking, 41 days to sellONov: 90 new listings a month, 32% sold over asking, 42 days to sellNDec: 65 new listings a month, 27% sold over asking, 55 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Utah as a whole

Lehi now2017–192021 peakUT now
Sold over askingShare of sales that closed above the list price21%35%57%21%
Gone within two weeksShare of homes under contract within 14 days29%37%66%27%
Listings with a price cutShare of homes for sale that cut their price33%22%13%29%
Price paid vs. askingAverage sale price ÷ list price98.9%100.4%102.5%98.6%
Days to sellMedian days from listing to contract48361054
Supply

303 homes for sale on a typical day

That’s 1.4 times the 2023 low (220), about the 2017–19 level and well under 2022’s 478.

2012: 379 for sale’122013: 336 for sale2014: 426 for sale2015: 385 for sale’152016: 240 for sale2017: 231 for sale2018: 399 for sale’182019: 355 for sale2020: 224 for sale2021: 245 for sale’212022: 478 for sale2023: 220 for sale2024: 280 for sale’242025: 314 for saleLast 12 months: 303 for saleNow
Room to negotiate

1 in 3 listings has cut its price

33% in the last year, against 22% in 2017–19 and 29% across Utah. More sellers are pricing high and coming down.

2015: 15%’152016: 24%2017: 25%2018: 18%’182019: 26%2020: 17%2021: 13%’212022: 25%2023: 32%2024: 26%’242025: 33%Last 12 months: 33%Now
Prices by type

Since 2019, houses are up 69%, condos 43%

A house typically sold for $666K in the last year (846 sales), a condo for $331K (52).

$275K$450K$625K$800K2013201520172019202120232025NowHouses 2013: $261K, 807 salesHouses 2014: $278K, 851 salesHouses 2015: $304K, 973 salesHouses 2016: $321K, 1014 salesHouses 2017: $350K, 891 salesHouses 2018: $373K, 999 salesHouses 2019: $395K, 1098 salesHouses 2020: $433K, 1178 salesHouses 2021: $567K, 966 salesHouses 2022: $658K, 779 salesHouses 2023: $658K, 673 salesHouses 2024: $662K, 725 salesHouses 2025: $669K, 768 salesHouses last 12 months: $666K, 846 salesHouses $666KCondos 2013: $134K, 31 salesCondos 2014: $135K, 41 salesCondos 2015: $154K, 25 salesCondos 2016: $162K, 31 salesCondos 2017: $193K, 132 salesCondos 2018: $217K, 112 salesCondos 2019: $232K, 257 salesCondos 2020: $247K, 142 salesCondos 2021: $302K, 125 salesCondos 2022: $368K, 219 salesCondos 2023: $325K, 167 salesCondos 2024: $339K, 70 salesCondos 2025: $336K, 77 salesCondos last 12 months: $331K, 52 salesCondos $331K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Utah

Lehi ranks 52nd of 94 busy Utah markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Lehi is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Lehi home costs about $3,235 a month

Mortgage
Property tax
Insurance
Rent

Price: Lehi’s typical sale, last 12 months. Property tax at Lehi’s 0.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lehi is affordable on local pay is on Cost of living.

Before you buy in Lehi

Six things worth knowing

170

New listings in May

The month with the most choice. December has the fewest, about 65.

Best time to buy
0.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $583K home, about $2,330 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Lehi, from test results, graduation and how much students grow.

Schools in Lehi
24 min

Typical commute

The average one-way trip to work for people who live in Lehi.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Bluffdale and Saratoga Springs sell for less a square foot

The busier markets within 25 miles of Lehi, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Saratoga Springs1,387$504K$19717%74
Lehi1,281$583K$22721%48
Draper515$839K$25421%54
American Fork442$515K$24224%46
Bluffdale192$545K$21323%49
Highland171$852K$23715%52
Alpine83$1.3M$24814%71

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Lehi, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lehi. People who follow the town see it, and so do people comparing Lehi with their own town. No commission, no listing fee.

Questions about buying a home in Lehi

What do homes sell for in Lehi, UT?

1,281 homes sold in the year to May 2026 at a typical $583K, $227 a square foot. Houses sold for about $666K, condos for about $331K.

Is Lehi a buyer’s or seller’s market?

A seller’s market: 302 homes were for sale in May 2026 and 111 sold, about 2.7 months of supply. Buyers paid 98.9% of asking on average, and 33% of listings cut their price.

When is the best time to buy in Lehi?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Lehi?

About 0.4% of a home’s value a year. On a $583K home that’s near $2,330.

Where can I see homes for sale in Lehi?

Zillow, Redfin, Realtor.com and Homes.com all carry Lehi’s MLS listings; the search links above open each one filtered to Lehi.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).