Is Lehi, UT 84043 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Lehi is a seller’s market. With about 3.1 months of supply and 20% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score51/ 100

More competitive than 52% of U.S. ZIP codes, and #19 of 110 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.1Under 4 months = seller’s market
Sold above original list19.7%Share of sales, last 3 months
Median sale-to-list99%Sold price ÷ list price
Median days on market40Listing to accepted offer
Median price per sq ft$236▼ −4.2% vs. last year

The Lehi housing market right now

In the three months ending August 31, 2026, 20% of homes in Lehi, UT 84043 sold above their list price, the typical home went under contract in 40 days and there were 3.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 141 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (19% then), homes sold faster (43 days then) and the median sale price rose 1% to $634,725. Overall, Lehi is about as competitive as it was a year ago.

Within Utah County, homes here sell faster than in 71% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Lehi ranks #19 of 110 UT ZIP codes with enough sales (score 51 out of 100).

Nearby, buyers who want less competition could look at Goshen 84633 (0% sold over asking) or Alpine 84004 (9% sold over asking), while Cedar Valley 84013 (50% sold over asking) and Mapleton 84664 (26% sold over asking) are even more competitive.

Nearby markets

Alpine 84004Buyer’s market $289 /sq ftAmerican Fork 84003Balanced $241 /sq ftCedar Valley 84013Seller’s market $188 /sq ftEagle Mountain 84005Balanced $178 /sq ft Browse all markets →

Where Lehi is

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Questions about Lehi real estate

Is Lehi a buyer’s or seller’s market?

A seller’s market: there were 3.1 months of supply in Lehi, UT 84043 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Lehi?

The typical home went under contract in 40 days in the latest three months.

Do homes in Lehi sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.

What are property taxes in Lehi?

About 0.44% of a home’s value a year in Utah County, or roughly $1,760 on a $400,000 home.

What is the median home price in Lehi?

The median sale price was $634,725 in the three months ending August 31, 2026, about $236 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology