Lehi Real Estate Market Update: June 2026 Report by Neighborhood

Here's the June 2026 market report for Lehi — based on 118 closed sales in May 2026: 82 single-family homes, 31 townhomes, and 5 condos.

Lehi is moving faster than any other Utah County city in this month's data. The 28-day median DOM for single-family homes is notably quicker than Eagle Mountain (43 days) and Saratoga Springs (37 days). It also has the widest price range of the three cities — from $379,000 entry-level to a $3,550,000 Traverse Mountain sale in the same month.

Utah is a non-disclosure state, so individual sale prices aren't public record. As a local agent with full MLS access, I can share what sold in each neighborhood — prices, bedroom counts, and how long homes sat — without disclosing specific addresses.

The Numbers That Matter Most

Metric	May 2026 (June Report)
Total sales (all types)	118 homes
Single-family sales	82 homes
Townhome sales	31 homes
Condo sales	5 homes
Median single-family price	$712,500
Single-family price range	$379,000 to $3,550,000
Median townhome price	$450,000
Median condo price	$325,000
Median DOM (single-family)	28 days
Average DOM (single-family)	46 days
Sold at or above list price	50.0% of single-family
Median sale-to-list ratio	100.0%
New construction (2024+)	40 of 82 single-family homes

The 28-day median DOM is the headline. Nearly half of Lehi's single-family homes are closing in under a month — a meaningfully faster pace than the other Utah County cities in this dataset. The 50% at-or-above-list figure reflects a market where correctly priced homes move quickly and overpriced homes sit long enough to pull that number down.

Unlike Eagle Mountain and Saratoga Springs, Lehi's single-family market is more evenly split between new construction and resale — only 49% of May closings were 2024+ builds, compared to 62% in Saratoga Springs and 63% in Eagle Mountain.

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Speed vs. Patience: Days on Market

Single-family homes:

Under 30 days: 40 homes (48.8%)
30 to 60 days: 18 homes (22.0%)
60 to 120 days: 16 homes (19.5%)
Over 120 days: 4 homes (4.9%)

Nearly half of Lehi single-family homes closed in under 30 days. Only 4 homes took over 120 days — the cleanest upper tail of the three cities this month. That tells you Lehi's overpricing problem is smaller than it is in other Utah County markets right now.

Single-Family Breakdown by Neighborhood

Inverness — 5 sales | $669,990 to $1,067,220 | Median $943,010

Five closings in Inverness — a premium Lehi neighborhood — with 80% selling at or above list price and a 100% median sale-to-list. Median DOM was just 26 days. The price range here is wide ($670K to $1.07M) but the market is clearly responding well. Combined with the Inverness by D.R. Horton data below, this is one of the most active and fastest-moving neighborhoods in Lehi right now.

Inverness by D.R. Horton — 2 sales | $764,990 to $1,499,000 | Median $1,131,995

Two closings at $765K and $1.5M — both selling at exactly 100% of list in 70-day median DOM. The $1.5M sale reflects the upper tier of what D.R. Horton is building in this community.

Pioneer Meadows — 4 sales | $629,990 to $720,000 | Median $660,620

Four closings in Pioneer Meadows — new construction in the $630K to $720K range, 4-bedroom homes. Median DOM was 42 days and 50% sold at or above list at 99.2% median sale-to-list. Buyers are getting slight discounts here.

Holbrook Farms — 3 sales | $485,000 to $1,500,000 | Median $710,000

Three closings with a striking range — $485K to $1.5M — reflecting the variety of product within Holbrook Farms. Median DOM was 43 days and 67% sold at or above list. The $485K sale at the low end represents an attainable entry into Holbrook Farms; the $1.5M sale shows what the premium end of the neighborhood commands.

Ridge — 3 sales | $780,000 to $885,000 | Median $815,574

Three closings in the $780K to $885K range with a 26-day median DOM — fast at this price point. However, 0% sold at or above list (98.3% median sale-to-list), meaning buyers are negotiating modest discounts even on well-priced homes.

River Point — 3 sales | $650,000 to $805,743 | Median $700,000

Three closings with an 86-day median DOM and 93.0% median sale-to-list — buyers here are negotiating the largest discounts in the Lehi single-family data. No home sold at or above list price. Worth watching as a signal for this neighborhood's pricing dynamics.

Traverse Mountain — 3 sales | $1,500,000 to $3,550,000 | Median $1,950,000

The luxury tier. Three closings ranging from $1.5M to $3.55M — the highest-priced sale in the Lehi dataset. Median DOM was 89 days and all three sold below list at 97.5% median sale-to-list. This is consistent with how the luxury segment behaves everywhere: slower, more negotiated, but still closing.

The $3,550,000 sale is the highest single-family closing in Lehi in May 2026 and one of the highest in all of Utah County this month.

Canyon Hills — 2 sales | $800,000 to $810,000 | Median $805,000

Two closings in a tight price band — $800K and $810K — both at or above list at 100.8% median, in just 26 days. Strong signal for this neighborhood.

Chappel Valley — 2 sales | $499,900 to $589,900 | Median $544,900

Two closings in 20 days median DOM, both at exactly 100% of list. One of the cleaner data points in the month — correctly priced, moved quickly.

Thanksgiving Meadows — 2 sales | $625,000 to $735,000 | Median $680,000

Two closings in just 22 days at 98.4% of list. Fast absorption with modest buyer negotiation.

Notable Fast Single Sales

Several individual closings stand out for speed:

Eagle Ridge 2 — $810,000, sold in 2 days at 101.3% of list. Fastest closing in Lehi in May.

Staten Farms Phase 2 — $2,299,900, sold in 8 days at exactly 100% of list. An 8-bedroom home at $2.3M closing in under two weeks is a remarkable data point.

Deer Meadow Estates — $1,070,000, sold in 4 days at 102.0% of list.

Larson Farms — $805,000, sold in 17 days at 104.8% of list — the highest above-asking premium of any significant sale in Lehi in May.

Fox Run PUD — $770,000 in 5 days at 100% of list.

Ivory Ridge — $1,008,000 in 7 days at 101% of list.

Notable Slow Sales

Holbrook E Villas phases — Three individual closings ranging from 118 to 264 days. These are new-construction pipeline closings where buyers signed contracts significantly earlier. The 264-day closing is the longest in the Lehi dataset.

Vivian Estates — $1,182,500, 45 days, but only 91.0% of list — the largest discount from asking of any sale in May. The seller gave up roughly $117,000 from list price.

Lehi Terrace / Lehi Terrace PUD — Two closings at $835K and $1.03M taking 92 to 102 days at 96.1% to 97.1% of list. The upper end of Lehi Terrace is sitting longer and negotiating more.

Townhome Market — 31 Sales | Median $450,000

Lehi's townhome market is the strongest of the three cities this month — 31 sales, $450,000 median, 21-day median DOM, and 74% sold at or above list price.

Subdivision	Sales	Price Range	Median	Median DOM
Inverness	7	$434,990 to $549,990	$549,990	13 days
Inverness by D.R. Horton	5	$429,990 to $571,000	$519,990	11 days
Cold Spring Ranch	5	$375,000 to $450,000	$425,000	30 days
Fox Canyon	2	$547,900 to $597,914	$572,907	68 days
Boardwalk	1	$355,000	$355,000	60 days
Canyon Trail	1	$486,100	$486,100	47 days
Coopers Hollow	1	$445,000	$445,000	5 days
Gardner Point	1	$527,500	$527,500	N/A
Holbrook Farms	1	$447,000	$447,000	11 days
Meadow Park	1	$475,000	$475,000	4 days
Other individual sales	6	$343,300 to $527,500	varies	varies

Inverness townhomes are the clear standout — 12 combined closings across both Inverness and Inverness by D.R. Horton, all at 100% of list or above, moving in 11 to 13-day median DOM. This is arguably the hottest townhome neighborhood in Utah County in May.

Fox Canyon townhomes closed at a $572,907 median — the highest-priced townhomes in the dataset — at 105.2% of list. Buyers paid over asking on both closings.

Cold Spring Ranch provides the most accessible townhome entry at $375K to $450K with a 30-day median DOM.

Condo Market — 5 Sales | Median $325,000

Five condo closings across four communities — Gardner ($324,000), Gardner Point ($340,500), Promenade at Pheasant Point ($325,000), The Exchange ($325,000), and Timp Point ($350,000). Median DOM was 53 days. Three of five sold at or above list price. At $324K to $350K, Lehi condos are the lowest-cost ownership option in the city.

What This Means If You're Selling

Lehi is moving faster than other Utah County cities right now — but the data makes clear that speed is not guaranteed. The homes closing in 2 to 26 days are the ones priced at market from day one. River Point (93% sale-to-list, 86-day DOM), Lehi Terrace (96% to 97% sale-to-list, 92 to 102 days), and the Holbrook E Villas phases (100 to 264 days) illustrate what happens when pricing is off — even in a market with genuine demand.

The luxury segment above $1M is its own market: slower, more negotiated, but still active. Traverse Mountain, Inverness, Vivian Estates, and Staten Farms all closed in May. If you're selling above $1M in Lehi, expect 45 to 90+ days and plan for buyer negotiation.

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What This Means If You're Buying

Lehi has more price range than any Utah County city — from $324,000 condos to $3.55M luxury estates. If you're in the $430K to $580K range, the Inverness townhome market and Cold Spring Ranch give you well-priced options with fast absorption. For single-family under $600K, Chappel Valley, Spring Ranch, and Cranberry Farms all closed in May with reasonable timelines.

For buyers who need the Silicon Slopes proximity without the full Lehi premium, the Traverse Mountain and Holbrook Farms neighborhoods offer larger lots and more premium product — but expect longer timelines and more negotiating room.

As I covered in my Utah County pricing breakdown, Lehi commands the highest median price of any Utah County city — driven by its proximity to the Silicon Slopes tech corridor.

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Frequently Asked Questions

How many homes sold in Lehi in May 2026? 118 total — 82 single-family homes, 31 townhomes, and 5 condos.

What was the median home price in Lehi in May 2026? The median single-family sold price was $712,500. The median townhome price was $450,000. The median condo price was $325,000. The overall median across all property types was $588,950.

How long are homes sitting on the market in Lehi? The median DOM for single-family homes was 28 days — the fastest of any Utah County city in this month's data. Nearly half of all single-family homes closed in under 30 days. The average was 46 days, reflecting a small number of slower-moving luxury and new-construction pipeline homes.

What is the most active and fastest neighborhood in Lehi right now? Inverness is the standout. Combined with Inverness by D.R. Horton, the neighborhood had 7 single-family and 12 townhome closings in May — all at 100% of list or above, moving in 11 to 70-day ranges. For townhomes specifically, 11 to 13-day median DOM with 100% of list is exceptionally strong.

What was the highest-priced sale in Lehi in May 2026? A single-family home in Traverse Mountain closed at $3,550,000 — the highest sale in Lehi in May and one of the highest in Utah County this month.

Are homes selling above or below asking price in Lehi? 50% of single-family homes sold at or above list price in May 2026. Standout above-list performers: Larson Farms (104.8%), Fox Canyon townhomes (105.2%), Gray Farms (102.4%), Deer Meadow Estates (102%). Most notable below-list: Vivian Estates (91.0%), River Point (93.0%), Lehi Terrace PUD (96.1%).

Is Utah a non-disclosure state? Yes. Utah does not publicly record individual sale prices. The data in this report comes from MLS records available to licensed agents. All statistics are presented in aggregate without pairing sold prices to specific addresses.

Related reading:

All data sourced from MLS records of closed residential sales in Lehi, May 1 to 29, 2026. 118 total transactions analyzed. Utah is a non-disclosure state — aggregate statistics are presented without pairing individual sale prices with specific addresses.

Written by Kat Ashby, Principal Broker and Realtor® at RootQuest Realty LLC in Saratoga Springs, Utah. Kat holds a Utah Division of Real Estate Principal Broker license (Credential #10382396-PB00) — a designation that requires demonstrated experience, additional coursework, and a separate licensing exam beyond the standard agent license. She has been actively selling in Utah County since 2020, with deep experience across Lehi, Eagle Mountain, Saratoga Springs, and the broader Wasatch Front, specializing in buyer and seller representation, new construction, and corporate relocation through Altair Global. She is fluent in English and Portuguese, earned her bachelor's degree in Psychology from Brigham Young University, and lives in the community she sells in.