Market Report

Lehi, UT · 84043

What homes have been selling for in Lehi ZIP 84043 over the last 12 months. Based on 1,116 closed sales. Updated May 19, 2026.

What’s happening

Reading the latest sales…

Typical sale price

$593k

+12.2%vs last year

Days to sell

65 days

+5.3dvs last year

Homes sold (12 mo.)

1,116

Right now in Lehi 84043

How homes are moving in this area, based on the latest 12 months of closed sales.

Days on market

65 days

Homes taking longer

Listings are sitting on the market longer than usual - buyers have time to evaluate.

List-to-sale price

96.6%

Room to negotiate

Buyers commonly close below original list price after negotiation.

Months of inventory

2 mo

Tight inventory

Homes are selling quickly - sellers can expect strong activity, buyers should be ready to move.

Recently sold nearby

The 8 most recent closings that look like your home. What similar properties actually sold for is the strongest anchor for what buyers will pay now - and where you should price to move.

Buy vs Rent in 84043

Renting tends to outpace buying over the next 15 years at today's prices and rates.

If you buy

$4,192/mo

If you rent

$1,802/mo

Assumes 20% down, 7% mortgage, 3.5% appreciation, 4% rent growth, 5% investment return on the alternative. Includes property tax, insurance, maintenance, and 8% selling costs at exit. Talk to an agent for your specific numbers.

Long-term market change

Typical home value (5-year window) with month-over-month change.

+15.8%

since Jun 2021

Biggest jump Jun 2021 (+3%) · Biggest drop Sep 2022 (-1.8%)

Value in Jun 2021

$501k

Peak (Jun 2022)

$613k

Today

$580k

Activity by month

Average homes sold and new listings hitting the market each calendar month, pooled across all years.

Most sales in Jun · Most new listings in Jun

When homes sell fastest

Average days to sell by month, pooled across every year. Lower = faster.

Aug fastest · Feb slowest

Neighborhood Demographics · 84043

Population

81,839

Median Income

$125,598

Median Home Value

$567,500

Median Rent

$1,802

3.8% gross yield

Homeownership

77.2%

17,621 own · 5,214 rent

Housing Units

23,408

2.4% vacant

College Educated

50%

Bachelor's or higher

Median Age

26.6

4.8% poverty rate

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

Other Utah markets

Nearby ZIPs in Lehi and other high-activity areas.

See all

Lehi · 84048

516 sold · $568k median

Saratoga Springs · 84045

1,602 sold · $490k median

Eagle Mountain · 84005

1,365 sold · $500k median

Herriman · 84096

1,209 sold · $578k median

Tooele · 84074

1,019 sold · $450k median

Ogden · 84404

927 sold · $415k median

South Jordan · 84009

886 sold · $592k median

Clearfield · 84015

774 sold · $450k median

Washington · 84780

755 sold · $525k median

Ogden · 84401

747 sold · $460k median

West Jordan · 84081

716 sold · $565k median

American Fork · 84003

682 sold · $563k median

Synapse Realty
SearchBuySellInvestRentLearnToolsTeamBook a Call
Synapse Realty

We show you the data behind every decision, so you never buy, sell, or invest blind.

License #7556837 - CN00

Brokered by Selling Salt Lake

© 2026 Synapse RealtyPowered by Rocco CRM
Privacy PolicyTerms of Use
Agent Login
© 2026 Synapse Realty·Powered by Rocco CRM
Privacy PolicyTerms of UseAgent Login