Lehi, UT Home Values & Market Trends
Real estate market trends reflect that there have been 1,022 transactions over the past year in Lehi. The median value for residential home transactions that occurred over the previous year is $590,225.52. The number of current listings in Lehi is 47, and the percentage of properties for sale in the city is 47.00%. Lehi, UT currently has 22 properties in foreclosure, 0 bank owned properties, 4 properties headed for auction, and 47 properties for sale.
Lehi, UT Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 84043 | $ 684,900 $ 319/sqft |
Housing Market Summary for Lehi, UT
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $635K | $585.4K | -7.81% |
| Median Sold Price | $592.9K | $585.4K | -1.26% |
| Homes For Sale | 46 | 35 | -23.91% |
| Homes Sold | 847 | 665 | -21.49% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lehi, UT
Browse Homes in Lehi, UT
Lehi home values range from $91,639 to $5,294,640. The median estimated value of a home in Lehi is $590,225.52. The median list price of a home is 674,900, and the total count of properties in the city is 22,208.
- Pre-ForeclosurePre-foreclosure homes account for 0.08% of all residential properties in Lehi, UT with 84043 containing 18 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lehi, UT; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,395,207 in 84043 to the lowest home value of $384,033 in 84043.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lehi, UT ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Lehi, UT. There is 1 zips within Lehi, UT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions84043 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Lehi, UT. Auction homes and other auction properties account for 0.02% of all properties in Lehi, UT. There is 1 zips within Lehi, UT; of that zips, the median estimated home value for homes going to auction ranges from $1,440,711 in 84043 to the lowest value of $669,960 in 84043.
Compare Nearby Cities
More Real Estate Resources for Lehi, UT
Guide for Lehi, UT
The Salt Lake City real estate market is experiencing significant shifts, as average property values have dropped citywide. However, neighbourhood trends vary, with West Valley City seeing a slight rise in property values, while others like North Salt Lake show a decline. This fluctuation highlights the importance of localized analysis in real estate investment.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.