What's Your Lehi Home Worth?
Get a free, no-obligation valuation of your Lehi home from a local expert — not an automated guess. We price it against the homes actually selling in your neighborhood right now.
- Comparable sales from your part of Lehi
- A price range and a strategy for your timeline
- A short call, video or in-person visit
- No obligation, no listing pressure
Request your Lehi home valuation
A local agent reviews it personally and sends your number — usually same day.
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A Lehi agent is preparing your home value now. Watch your email and phone.
Lehi home values right now
What Lehi homes are actually selling for
The quickest way to sanity-check any number you've seen for your house is to look at what the market is doing now. These figures come from closed sales in the MLS and refresh automatically.
60 residential sales closed in October 2026. Typical asking price today: $599,995. 398 homes for sale. Year-over-year compares October 2026 with the same month last year.
Are Lehi home prices dropping?
Not across the board. The median sale price is within 0.6% of where it was a year ago, which is a flat market, not a falling one. One month's median moves with whichever homes happened to sell, so read it as a direction, not a precise change for your home. What has changed is leverage: a home priced right still sells, while one priced on last year's optimism sits and often ends up selling for less.
Is Lehi a buyer's or seller's market?
With about 6.6 months of supply, the market leans toward buyers. Under about four months usually favors sellers; over six favors buyers. Homes are closing at about 97.9% of list price, so most sellers are negotiating a little, not taking big cuts. The citywide number hides a lot. A move-in-ready home in a popular neighborhood can still draw quick offers while a dated one nearby waits, and that gap is what a home-by-home analysis is for.
Median sale prices by neighborhood in Lehi
| Neighborhood | Median sale price | Homes sold | For sale now |
|---|---|---|---|
| Inverness | $545,000 | 140 | 11 |
| Traverse | $874,000 | 123 | 42 |
| Jordan | $568,000 | 120 | 30 |
| Traverse Mountain | $890,000 | 107 | 42 |
| Exchange | $453,000 | 95 | 10 |
| Holbrook | $573,000 | 91 | 28 |
| Inverness By Dr Horton | $520,000 | 90 | 6 |
| River Point | $680,000 | 76 | 27 |
| Spring Ranch | $455,000 | 72 | 5 |
| Cold | $450,000 | 67 | 5 |
Closed residential sales over the last 12 months, from the MLS. Neighborhoods with fewer than five sales aren't shown. Area medians are a starting point, not an answer: two homes on the same street can sell far apart once size, lot, layout and condition are counted, and a median moves with whatever mix of homes happened to sell.
Selling a home in Lehi
Lehi has grown faster than almost anywhere in Utah, from about 76,000 residents in 2020 to more than 95,000 in the Census Bureau's 2025 estimate. Silicon Slopes employers, Thanksgiving Point, FrontRunner and quick access to both Salt Lake and Utah counties keep demand strong. That growth also means a lot of new construction, so many Lehi sellers are competing with builders as well as with each other.
Lehi values depend heavily on the community. Traverse Mountain on the hillside, master-planned Holbrook Farms, newer neighborhoods like Inverness and The Exchange, and the older homes near Main Street all sell to different buyers at different prices, as the neighborhood table above shows. Townhomes, single-family homes and larger lots with animal rights are separate markets even inside the same area.
A CMA from a local agent matches your home with sales in the same community and of the same type, then adjusts for basement finish, lot, view, garage and age, and checks what nearby builders are offering a buyer the same weekend.
From a person, not an algorithm
What you get with a free Lehi home valuation
A real comparative market analysis from a local agent, the same document we'd prepare for a client deciding whether to list.
Comparable sales
Recent closed sales and active listings near you in Lehi, pulled from the same MLS data an appraiser will use.
A price range and a strategy
A realistic range with the reasoning behind it, and the trade-off between pricing to sell quickly and testing the top of the range.
A short consult
Phone, video or in person, your pick. A conversation about your timeline and options, with no obligation to list.
The method
How we figure out what your Lehi home is worth
A comparative market analysis answers one question: what will a ready buyer pay for this home right now? It's the same way an appraiser will look at your home if the buyer finances the purchase.
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1
Pull the right closed sales
Utah is a non-disclosure state, so sale prices aren't in public records. We start with closed MLS sales, ideally from your own neighborhood in Lehi, from the last three to six months, and close to your home in size, age and style. In a slow pocket we look farther out or farther back, and we tell you when we did.
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2
Adjust for what's different
No comparable sale is identical. We adjust each one for living area, basement finish, lot, garage, views, age and updates. A comp with a brand-new kitchen sold for more than a home without one will, and we account for it.
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3
Read the competition
Closed sales show what happened. Active and pending listings show what a buyer will compare you with next weekend, and expired listings show the prices buyers turned down.
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4
Land on a range, then a strategy
You get a realistic price range, a likely sale price and an expected time on market. Then we talk through how to use it, so you know the trade-off before you decide.
Local factors
What moves home values in Lehi
National valuation tools treat a square foot the same everywhere. Buyers here don't. These are the details that most often separate two Lehi homes that look identical on paper.
Competing with new construction
Builders are still active across Lehi, and they often offer rate buydowns, closing-cost credits or upgrades. A resale home a few years old needs a price and concessions that hold up against a brand-new one nearby, and finished basements, landscaping and window coverings are real advantages over a new build.
Community, HOA and amenities
Master-planned communities with pools, parks and trails carry a premium, and buyers weigh it against the dues. HOA rules can also limit rentals, animals and parking, and buyers read them closely.
Short-term rental rules
A Lehi short-term rental must be the owner's primary residence, isn't allowed in many planned communities or within 600 feet of a school along the walking route, and a home can't run an ADU and a short-term rental at the same time. Investor-owned nightly rentals are effectively not allowed.
ADUs and basement apartments
Internal ADUs are allowed on owner-occupied lots of at least 6,000 square feet, and detached ADUs on lots of 11,000 square feet or more. A permitted basement apartment adds space and long-term rental income, and buyers pay for it; an unpermitted one counts for less.
Lot size and animal rights
Lehi allows two horses per half acre in its agricultural and larger-lot zones, and only with a conditional use permit in standard residential zones. No horses are allowed on lots under half an acre, and planned communities follow their own area plans. See current horse properties.
Views and hillside lots
Homes on Traverse Mountain and other hillside streets with valley and lake views sell in a higher tier. View quality varies lot by lot, so we compare view homes with each other.
Commute and access
Quick access to I-15, Mountain View Corridor, Pioneer Crossing or the FrontRunner station at Thanksgiving Point is a selling point. Backing onto a freeway or a busy corridor does the opposite, and road construction nearby can matter while it lasts.
Schools
Lehi is in Alpine School District today, with Lehi High and Skyridge High, and moves to the new Aspen Peaks district on July 1, 2027. Buyers check boundaries by address.
Know which number you're looking at
Online estimate, CMA or appraisal?
You can get a number for your house in ten seconds from Zillow, Redfin or Realtor.com, and it's a fine place to start. Just know what's behind it. Automated estimates read public records and listing data, and here they often can't see what homes actually sold for. They also can't see your remodeled kitchen, your finished basement or the view from your back patio.
| Online estimate | CMA from a local agent | Appraisal | |
|---|---|---|---|
| Who prepares it | An algorithm | A licensed agent who knows the area | A licensed appraiser |
| What it sees | Public records and listing data | MLS sales, current competition, your home's condition and updates | Closed sales and an inspection of the home |
| Cost | Free | Free | Usually several hundred dollars |
| Turnaround | Instant | Usually within one business day | About a week or more |
| Best for | A rough idea | Deciding whether, when and at what price to sell | A mortgage, refinance, estate or legal matter |
One more number you'll see is the county assessor's market value on your valuation notice. It's set as of January 1 for tax purposes, and a primary residence is taxed on 55% of it because of Utah's 45% residential exemption. It's useful, but it isn't a sale price, so don't price your home from your tax notice.
Before you list
Getting the most for your Lehi home
The best return usually comes from the unglamorous work, not a rushed remodel.
- Service the HVAC. Inspectors check heating and cooling first. A recent service record makes buyers more confident.
- Clean up the outside. Trimmed trees, fresh mulch or rock and working sprinklers are a cheap way to improve the first photo.
- Paint and light. Fresh neutral paint and bright bulbs do more for photos and showings than almost anything else at the same cost.
- Fix the small items now. Leaky faucets, cracked tile and worn caulking show up in inspection reports and turn into repair requests.
- Gather your paperwork. HOA documents, any solar agreement, warranties, permits for a finished basement or addition, and records of upgrades answer buyer questions before they turn into negotiation.
- Skip the big remodel. A new kitchen right before listing rarely pays back in full. We'll tell you which updates are worth it for your price range.
Not selling yet? Other good reasons to know your value
Plenty of the valuations we prepare are for owners who aren't listing at all. Knowing what your home would sell for helps when you're:
- • Considering a refinance or HELOC, so you know roughly how much equity you have before a lender orders an appraisal.
- • Deciding whether to sell or rent it out, by putting the likely sale price next to what the home could rent for.
- • Handling an estate, a divorce or a relocation, where everyone needs a realistic number. A court or lender will usually still require a formal appraisal.
- • Planning a move up or down, so you can see what you could afford next before you start shopping.
Lehi home value FAQs
How much is my home worth in Lehi? +
Are home prices going down in Lehi? +
How long does it take to sell a house in Lehi? +
Can I rent my Lehi home as a short-term rental? +
Does a basement apartment add value in Lehi? +
Is an online estimate accurate for a Lehi home? +
Homes by school in Lehi
Buyers often value a home by its attendance area. See what's for sale near Lehi schools.
Home values in nearby cities
Ready to know what your Lehi home is worth?
A local expert valuation beats any online estimate — and it's free.
Market figures are sourced from the Regional Multiple Listing Service and refreshed regularly; information is deemed reliable but not guaranteed and should be independently verified. A home valuation is an estimate, not an appraisal.