Homes Under $500,000 in Lehi, Utah

Most of the inventory at this price is townhomes and twin homes between 1,400 and 2,200 square feet, typically 3 bed / 2.5 bath with a 2-car garage. Detached single-family homes under $500K do exist but are usually older (1970s–1990s) or smaller new builds without much yard. Condos and starter homes near Main Street also show up in this range.

Yes, mostly attached product — townhomes from Ivory, Fieldstone, Lennar, and Richmond American in communities along Pioneer Crossing and Traverse Mountain's lower elevations. Builders often pair these with rate buy-downs or closing-cost credits, which can make the monthly payment more workable than a resale at the same price.

Well-priced listings in this range typically go under contract within 1–3 weeks, and the best ones see multiple offers. Lehi's tech employment base keeps demand steady year-round, though winter months (Nov–Feb) tend to be slightly less competitive than spring.

Expect $100–$250 per month for most townhome communities, which usually covers exterior maintenance, landscaping, snow removal, and sometimes a clubhouse or pool. A few master-planned areas like Traverse Mountain layer a community HOA on top of a sub-association, so always check both line items before writing an offer.

All of Lehi falls within Alpine School District. Specific boundaries depend on the address — Skyridge High, Lehi High, and Westlake High (in Saratoga Springs) all pull from different parts of the city. The district's boundary lookup tool is the most reliable way to confirm assignments before you offer.

Yes, but mostly for townhomes and attached housing within a 5–10 minute drive of Adobe, Xactware, and the Thanksgiving Point area. Detached homes that walk-to-work close to the tech campuses generally start above $550K. FrontRunner access at Lehi Station also opens up options for commuters willing to take transit.