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Lehi Market Report

$680,273

AVERAGE PRICE OF 372 HOMES

$1,644,034

AVERAGE PRICE OF 43 MULTI-MILLION DOLLAR HOMES

$672,191

AVERAGE PRICE OF 201 NEWLY BUILT HOMES

$1,111,495

AVERAGE PRICE OF 21 HOMES WITH A POOL

$756,069

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price	$680,273
Avg Bedrooms	3.31 beds
Avg Bathrooms	2.73 baths

Average Price by Bedrooms

2 bedrooms	$529,800
3 bedrooms	$479,577
4 bedrooms	$707,922
5 bedrooms	$1,060,588

Lehi Home Price Trends

	11/2023	10/2023	9/2023	8/2023	7/2023
Total Listings	426	478	474	467	475
Average Price	$679,410	$666,652	$675,108	$697,566	$724,828
Avg Price Change	+1.91%	-1.27%	-3.33%	-3.91%	-1.19%
Median Price	$504,947	$486,879	$500,422	$536,857	$567,312
Med Price Change	+3.71%	-2.78%	-7.28%	-5.67%	+0.77%
Avg Bedrooms	3.38 beds	3.36 beds	3.43 beds	3.43 beds	3.46 beds
Avg Bathrooms	2.78 baths	2.76 baths	2.75 baths	2.72 baths	2.76 baths

Home Price by High School

School Name	Total Homes	Average Price	Avg Days on Site
American Fork	2	$669,990	48 days
Lehi	240	$552,317	116 days
None/Other	8	$785,787	342 days
Skyridge	116	$905,088	121 days

Home Price by House Size

	Total Homes	Average Price	Avg Days on Site
All Homes	372	$680,273	122 days
Multi-Million Dollar Homes	43	$1,644,034	139 days
Newly Built Homes	201	$672,191	141 days
Homes with a Pool	21	$1,111,495	93 days
Reduced Price Homes	13	$756,069	111 days

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of December 11, 2023. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2023 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Conspicuous display of the following: Information deemed reliable but not guaranteed accurate. Buyer to verify all information.