Market Overview
warmLehi’s median home price sits ~11% above the Utah average, with faster sales and tighter inventory than the state overall.- •Median closed price is $585K, 11.4% higher than the Utah median of $525K.
- •Homes sell in 53 days on average—12.5% quicker than the state’s 61‑day average.
- •Sale‑to‑list ratio is 99.5%, indicating buyers are paying near asking price.
- •30‑year mortgage rates have risen modestly to 6.46% (up ~0.35% since Jan 2026).
- •Major job and retail expansions (Texas Instruments plant, The Shops at Sky View) are bolstering local demand.
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Frequently Asked Questions About Lehi Real Estate
As of July 2026, the median home price in Lehi, Utah is $585,000, which is 11.4% above the Utah state median of $525,000. Home prices in Lehi range from $307,900 to $3,950,000, with an average sale price of $701,105. These figures are based on recent closed transactions in the Lehi real estate market.
Lehi, Utah is currently a warm market that leans slightly toward sellers. Key indicators include an average sale-to-list price ratio of 99.5% and homes spending an average of 53 days on the market. Lehi’s median home price sits ~11% above the Utah average, with faster sales and tighter inventory than the state overall.
Homes in Lehi, Utah spend an average of 53 days on the market before going under contract compared to the Utah state average of 61 days (12.5% below average). This is a moderate pace, giving buyers some time to make decisions. Properties that are priced competitively and show well tend to sell fastest.
