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Lehi

Why you'd want to live in Lehi

As Utah’s sixth oldest city, Lehi is rich in pioneer and old west history. Originally settled by Mormon pioneers, the City has been known as Sulphur Springs, Snow’s Springs, Dry Creek, and Evansville. It was incorporated as Lehi City in 1852. The Overland Stagecoach Route, the Pony Express Trail, and the Transcontinental Telegraph all passed through or near Lehi during the peak of their use. Today, according to the U.S. Census Bureau, Lehi is the 14th fastest-growing city in the country. The City has more than doubled in size since 2006, with population estimates approaching 85,000 residents. Lehi is quickly becoming a premier technology and commercial center along the Wasatch Front. Several landmark companies call Lehi home. Lehi is also home to a wide variety of retail stores and restaurants. Thanksgiving Point, a unique destination offering museums, botanical gardens, shopping, restaurants, and other entertainment options highlights all that Lehi has to offer. Lehi is a beautiful place to live and work. Utah Lake is located just to the south, with the picturesque Jordan River running through the City. Lehi is surrounded by the Wasatch Mountains on the East and the White Mountains and Oquirrh Mountains on the West. Lehi’s beautiful natural surroundings provide easy access to hiking, mountain biking, fishing, camping, skiing, hunting, and many other outdoor activities. The City provides a full range of services, including police and fire protection, construction and maintenance of roads, parks, commercial and residential building inspection, recreational opportunities (including a recreation center, indoor pool, and outdoor pool), and many cultural events. The City also owns and operates a culinary water system, a secondary water system, a wastewater system, a storm water system, an electrical distribution system, solid waste collection, and an emergency medical service. via lehi-ut.gov

Lehi Market Report

$679,432

AVERAGE PRICE OF 361 HOMES

$390,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,496,648

AVERAGE PRICE OF 49 MULTI-MILLION DOLLAR HOMES

$664,022

AVERAGE PRICE OF 196 NEWLY BUILT HOMES

$964,880

AVERAGE PRICE OF 21 HOMES WITH A POOL

$788,125

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $679,432
Avg Bedrooms 3.35 beds
Avg Bathrooms 2.82 baths

Average Price by Bedrooms

2 bedrooms $401,150
3 bedrooms $488,851
4 bedrooms $714,892
5 bedrooms $1,013,081
Lehi Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 371 378 426 478 474
Average Price $701,195 $683,711 $679,410 $666,652 $675,108
Avg Price Change +2.56% +0.63% +1.91% -1.27% -3.33%
Median Price $495,562 $520,719 $504,947 $486,879 $500,422
Med Price Change -5.08% +3.12% +3.71% -2.78% -7.28%
Avg Bedrooms 3.32 beds 3.32 beds 3.38 beds 3.36 beds 3.43 beds
Avg Bathrooms 2.81 baths 2.75 baths 2.78 baths 2.76 baths 2.75 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Lehi 238 $541,845 99 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 361 $679,432 110 days
Distressed Homes 1 $390,000 42 days
Multi-Million Dollar Homes 49 $1,496,648 108 days
Newly Built Homes 196 $664,022 112 days
Homes with a Pool 21 $964,880 92 days
Reduced Price Homes 6 $788,125 77 days
Utah Real Estate
Stewart Hennefer
801-440-4202

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of February 24, 2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Conspicuous display of the following: Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
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