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Lehi, Utah

Homes Under $500,000 in Lehi, Utah

There are 89 Lehi homes for sale at or under $500,000, with a median asking price of $400,000, mostly townhomes and condos. Over the last 12 months, 374 sold in this range at a median of $435,000.

Gardner Point sells the most, followed by River Point, Inverness, The Exchange and Cold Springs Ranch. See Lehi townhomes.

90 matching · page 3 of 4

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Utah MLS data · updated Nov 5, 2026

Lehi homes under $500K by the numbers

Today's listings plus closed sales recorded in the MLS, each home counted once. Medians, not averages, so one outlier can't skew them.

For sale now
89
median ask $400,000
Median sale, last 12 mo
$435,000
374 sold · -1.1% vs prior year
Price per sq ft
$247
median of closed sales · typical 1,526 sq ft
HOA dues
$180/mo
median · 88% of listings have dues

Over the last 12 months, 374 homes under $500K sold in Lehi, taking a median of 32 days to go under contract and closing at 100% of the final list price.

What's for sale

Today's 89 listings by type.

  • Townhomes 43 (48%)
  • Condos 27 (30%)
  • Single-family homes 15 (17%)
  • Twin homes 3 (3%)
  • Other 1 (1%)

By budget

How today's asking prices spread out.

  • Under $400K 45
  • $400K–$600K 44
  • $600K–$800K 0
  • $800K–$1.2M 0
  • $1.2M and up 0

Homes under $500K by neighborhood

Closed sales over the last 24 months, plus what's listed today. Click a name for that neighborhood's page.

  • Gardner Point

    Sold (24 mo)
    134
    Median sale
    $354,000
    Typical size
    1,272 sq ft
    Built
    2024
    HOA / mo
    $305
    For sale now
    5 · $308,999–$474,900
  • River Point

    Sold (24 mo)
    59
    Median sale
    $478,000
    Typical size
    2,436 sq ft
    Built
    2025
    HOA / mo
    $107
    For sale now
    0
  • Inverness

    Sold (24 mo)
    51
    Median sale
    $440,000
    Typical size
    1,399 sq ft
    Built
    2025
    HOA / mo
    $152
    For sale now
    7 · $394,990–$499,990
  • Inverness By Dr Horton

    Sold (24 mo)
    46
    Median sale
    $440,000
    Typical size
    1,399 sq ft
    Built
    2025
    HOA / mo
    $152
    For sale now
    3 · $394,990–$499,990
  • Cold Springs Ranch

    Sold (24 mo)
    38
    Median sale
    $408,000
    Typical size
    1,454 sq ft
    Built
    2021
    HOA / mo
    $140
    For sale now
    1 · $394,500
  • The Exchange

    Sold (24 mo)
    36
    Median sale
    $430,000
    Typical size
    2,225 sq ft
    Built
    2018
    HOA / mo
    $258
    For sale now
    6 · $314,900–$449,900
  • Spring Ranch

    Sold (24 mo)
    33
    Median sale
    $407,000
    Typical size
    1,454 sq ft
    Built
    2021
    HOA / mo
    $140
    For sale now
    1 · $389,900
  • Willow Point

    Sold (24 mo)
    26
    Median sale
    $457,000
    Typical size
    2,402 sq ft
    Built
    2022
    HOA / mo
    $105
    For sale now
    5 · $444,500–$490,000
  • Pillgrims Landing

    Sold (24 mo)
    22
    Median sale
    $411,000
    Typical size
    2,041 sq ft
    Built
    2000
    HOA / mo
    $145
    For sale now
    1 · $475,000
  • Hollbrook Farms

    Sold (24 mo)
    20
    Median sale
    $452,000
    Typical size
    2,238 sq ft
    Built
    2020
    HOA / mo
    $140
    For sale now
    0
  • The Exchange II

    Sold (24 mo)
    18
    Median sale
    $428,000
    Typical size
    2,290 sq ft
    Built
    2021
    HOA / mo
    $258
    For sale now
    2 · $317,900
  • Gardner

    Sold (24 mo)
    16
    Median sale
    $360,000
    Typical size
    1,343 sq ft
    Built
    2022
    HOA / mo
    $247
    For sale now
    4 · $308,000–$499,999
  • North Pointe

    Sold (24 mo)
    16
    Median sale
    $435,000
    Typical size
    2,314 sq ft
    Built
    2019
    HOA / mo
    $223
    For sale now
    1 · $325,900
  • Westbury

    Sold (24 mo)
    15
    Median sale
    $314,000
    Typical size
    1,255 sq ft
    Built
    2004
    HOA / mo
    $238
    For sale now
    3 · $294,900–$339,900
  • Timp Point

    Sold (24 mo)
    14
    Median sale
    $345,000
    Typical size
    1,272 sq ft
    Built
    2022
    HOA / mo
    $236
    For sale now
    3 · $310,000–$337,000

Median sale is shown only where at least 5 homes sold. HOA dues are the median monthly fee (yearly dues divided by 12) and can change, so confirm the amount and what it covers with the association. "Built" is the median year built.

Common questions

About homes under $500k in Lehi.

Can you buy a house in Lehi for under $500,000? ▾

Mostly townhomes and condos, plus a few older single-family homes. There are 89 listings at or under $500,000 today, and they sold at a median of $435,000 over the last 12 months.

How fast do homes under $500,000 sell in Lehi? ▾

Over the last 12 months, they took a median of 32 days to go under contract.