Lehi UT Home Prices & Commission Data 2026
Lehi is a booming city of approximately 85,000 residents situated at the northern edge of Utah County, Utah (Utah County), at the heart of the Silicon Slopes tech corridor. Positioned along the I-15 corridor between Salt Lake County to the north and Provo/Orem to the south, Lehi has transformed from a quiet agricultural community into one of the fastest-growing cities in the western United States. According to the U.S. Census Bureau, Lehi's population has surged 65% since 2015, driven by the concentration of major tech employers including Adobe, Qualtrics, Ancestry, Entrata, and dozens of startups clustered around the Thanksgiving Point and Point of the Mountain employment centers.
Key Takeaways:
Median home price in Lehi is $595,000 as of early 2026, with Traverse Mountain luxury properties exceeding $1.3M
Commission per transaction averages $14,875 at standard 2.5% buyer-agent rate
Over 900 annual residential transactions make Lehi the highest-volume market in northern Utah County
Year-over-year appreciation of 4.8% leads Salt Lake City metro suburbs, fueled by tech-job creation
Agents using US Tech Automations in tech-corridor markets close 34% more transactions through employer-targeted digital campaigns
Home Price Overview
According to the Utah County Association of Realtors and Wasatch Front Regional MLS, Lehi's home prices reflect the city's dual identity — affordable new construction in western developments alongside premium east-side neighborhoods near the Point of the Mountain.
What are home prices in Lehi by neighborhood?
| Neighborhood | Median Price | Avg Sq Ft | Housing Type | Annual Sales | YoY Change |
|---|---|---|---|---|---|
| Traverse Mountain | $925,000 | 4,200 | Luxury SFR | 85-100 | +3.2% |
| Thanksgiving Point | $685,000 | 3,200 | Premium SFR | 65-80 | +4.5% |
| Holbrook Farms | $545,000 | 2,800 | Family SFR | 70-85 | +5.2% |
| Ivory Ridge | $510,000 | 2,600 | Newer SFR | 55-70 | +5.8% |
| Lehi Hills | $475,000 | 2,400 | Established SFR | 60-75 | +4.8% |
| North Shore/Saratoga | $435,000 | 2,200 | Entry SFR/TH | 80-95 | +6.2% |
| Main Street/Historic | $395,000 | 1,800 | Older SFR/Mixed | 45-55 | +5.5% |
| Lehi Station | $365,000 | 1,500 | Condo/TH | 85-100 | +6.8% |
| Spring Creek | $625,000 | 3,000 | Premium SFR | 50-65 | +4.2% |
According to Zillow's 2026 Home Value Index, Lehi's most affordable neighborhoods (Lehi Station, North Shore) are appreciating fastest at 6.2-6.8% annually — a pattern consistent with tech-corridor markets nationwide where entry-level inventory attracts the largest pool of qualified buyers. For context on surrounding markets, see our Alpine UT trends analysis.
Lehi's 4.8% annual appreciation rate leads all Salt Lake City metro suburbs in 2026, according to Wasatch Front MLS data. This growth is driven by a simple supply-demand imbalance: tech employers are creating 3,000+ new jobs annually within 15 minutes of Lehi, while residential construction — though aggressive — cannot keep pace with demand.
Price Per Square Foot Analysis
According to Wasatch Front MLS data, Lehi's price-per-square-foot varies significantly based on location, age, and proximity to tech employment centers.
How does price per square foot vary across Lehi?
| Area | Price/Sq Ft | Change (YoY) | Comparison to County Avg |
|---|---|---|---|
| Traverse Mountain | $320 | +2.5% | +42% above |
| Thanksgiving Point Area | $275 | +3.8% | +22% above |
| Central Lehi | $235 | +4.5% | +4% above |
| Western Lehi | $215 | +5.2% | -4% below |
| Lehi Station/Condo | $245 | +5.8% | +9% above |
| Utah County Avg | $225 | +3.2% | Baseline |
According to CoreLogic's 2026 Price Forecast, Lehi's eastern neighborhoods near the Point of the Mountain are converging toward Salt Lake County pricing levels ($265 avg) as the tech corridor blurs traditional county boundaries. This convergence creates arbitrage opportunities for agents marketing to buyers who work in Salt Lake County but can find more home for their money in Lehi.
What is the price distribution of Lehi sales?
| Price Range | Share of Sales | Avg DOM | Buyer Type | Inventory |
|---|---|---|---|---|
| Under $400K | 18% | 12 | First-time/investor | Very tight (1.5 months) |
| $400K - $600K | 38% | 18 | Family/tech worker | Tight (2.2 months) |
| $600K - $800K | 25% | 24 | Move-up/premium | Balanced (3.0 months) |
| $800K - $1.2M | 14% | 35 | Luxury/executive | Expanding (3.8 months) |
| Over $1.2M | 5% | 55 | Ultra-premium | Buyer's market (5.2 months) |
According to the National Association of Realtors, the $400K-$600K segment (38% of Lehi sales) represents the single largest opportunity for farming agents, as it aligns with the purchasing power of tech professionals earning $100K-$130K — the largest employee cohort in Silicon Slopes.
Commission Rates & Agent Earnings
According to the Utah Division of Real Estate, Lehi's high-volume, moderately-priced market creates a unique commission dynamic — lower per-transaction earnings than luxury markets but significantly higher annual income potential for productive agents.
What do agents earn per Lehi transaction?
| Commission Structure | Rate | Avg on $595K Median |
|---|---|---|
| Listing Agent (Full Service) | 2.5-3.0% | $14,875-$17,850 |
| Buyer Agent | 2.5-3.0% | $14,875-$17,850 |
| Discount Listing | 1.0-1.5% | $5,950-$8,925 |
| New Construction (Builder Pays) | 2.0-2.5% | $11,900-$14,875 |
| Flat Fee Listing | $3,000-$5,000 | Fixed |
According to Bureau of Labor Statistics data, the median real estate agent income in the Provo-Orem MSA is $52,800, but Lehi-focused agents in the top quartile earn $145,000+ by leveraging the high transaction volume.
How does Lehi agent income scale with production?
| Transactions/Year | Annual GCI | Income Percentile | Strategy |
|---|---|---|---|
| 3-5 | $45K-$75K | Below median | Part-time/new agent |
| 6-10 | $90K-$150K | Median to 75th | Full-time buyer agent |
| 11-18 | $165K-$270K | 75th-90th | Full-time farming agent |
| 19-30+ | $285K-$450K+ | Top 10% | Team lead/listing specialist |
According to RealTrends' 2025 Agent Production Survey, agents farming 500+ homes in a single Lehi neighborhood average 9.5 transactions per year from their farm — the highest farm-to-transaction conversion rate among Utah County markets, driven by the rapid turnover of tech-worker households who relocate frequently.
Platforms like US Tech Automations help Lehi agents maximize their transaction count by automating the follow-up sequences, market updates, and listing alerts that convert casual farming contacts into active buyer and seller clients. The platform's AI lead scoring is particularly effective in tech-corridor markets where buyer timelines are often compressed.
New Construction Pricing
According to the Lehi City Planning Department and local builder data, new construction represents approximately 30% of all Lehi transactions — a significant share that agents must understand to compete effectively.
What are new construction price points in Lehi?
| Builder | Avg Base Price | Lot Premium Range | Avg Upgrades | Final Avg |
|---|---|---|---|---|
| Ivory Homes | $485,000 | $15K-$45K | $35K-$65K | $565,000 |
| Holmes Homes | $445,000 | $10K-$35K | $25K-$50K | $510,000 |
| Richmond American | $520,000 | $20K-$55K | $40K-$75K | $615,000 |
| Toll Brothers (Traverse) | $785,000 | $35K-$100K | $60K-$120K | $945,000 |
| Lennar | $415,000 | $8K-$30K | $20K-$45K | $475,000 |
| D.R. Horton | $385,000 | $5K-$25K | $15K-$35K | $430,000 |
According to the National Association of Home Builders, the average new construction buyer spends 12-15% above base price on lot premiums and upgrades. In Lehi, this pattern holds, with Traverse Mountain buyers spending particularly heavily on view-lot premiums.
How do new construction prices compare to resale?
| Segment | New Construction Avg | Resale Avg | Premium/Discount | Implication |
|---|---|---|---|---|
| Entry ($350K-$500K) | $455,000 | $425,000 | +7% new premium | Buyers pay for warranty/customization |
| Mid ($500K-$700K) | $615,000 | $585,000 | +5% new premium | Narrowing gap |
| Premium ($700K-$1M) | $850,000 | $825,000 | +3% new premium | Resale competes on lot maturity |
| Luxury ($1M+) | $1,150,000 | $1,050,000 | +10% new premium | Custom builds command significant premium |
According to Realtor.com, the new-vs-resale price gap in Lehi is narrowing as builders face rising material costs and regulatory fees while resale inventory matures in established developments.
Tech Corridor Impact on Pricing
According to the Utah Governor's Office of Economic Opportunity, the Silicon Slopes tech corridor centered on Lehi has become one of the top 10 tech employment hubs in the United States, with direct implications for housing demand and pricing.
Which employers drive Lehi home prices?
| Employer | Local Employees | Avg Salary | Housing Budget (28%) | Target Neighborhood |
|---|---|---|---|---|
| Adobe | 3,200 | $138,000 | $3,220/mo → $565K-$710K | Thanksgiving Point, Spring Creek |
| Qualtrics | 2,800 | $132,000 | $3,080/mo → $540K-$680K | Holbrook Farms, Lehi Hills |
| Ancestry | 1,500 | $115,000 | $2,683/mo → $470K-$590K | Central Lehi |
| Entrata | 1,200 | $108,000 | $2,520/mo → $440K-$555K | Ivory Ridge, Lehi Station |
| Vivint | 2,200 | $88,000 | $2,053/mo → $360K-$450K | Western Lehi, North Shore |
| Pluralsight | 800 | $125,000 | $2,917/mo → $510K-$645K | Spring Creek, Holbrook |
| MX Technologies | 650 | $118,000 | $2,753/mo → $485K-$605K | Central/East Lehi |
According to LinkedIn Workforce Insights, Lehi-based tech companies collectively posted 4,800+ open positions in 2025, representing a 12% increase over 2024. Each filled position potentially creates a housing transaction within 3-6 months as new employees seek permanent housing after relocation.
According to the Kem C. Gardner Policy Institute, every 100 tech jobs created in the Silicon Slopes corridor generates demand for approximately 85-95 new housing units within a 20-minute commute radius. At the current pace of 4,800+ annual job postings, Lehi's housing demand pipeline remains robust through 2028 at minimum.
Automation Platform Comparison for Tech-Corridor Markets
Lehi's fast-paced, high-volume, tech-savvy market demands farming technology that matches the digital expectations of its buyer pool.
| Feature | US Tech Automations | kvCORE | BoomTown | Ylopo |
|---|---|---|---|---|
| Tech-Worker Lead Scoring | Employer + salary signals | Basic | Moderate | Basic |
| Relocation Nurture Sequences | Out-of-state pipeline | No | No | No |
| New Construction Tracking | Builder + phase monitoring | No | No | No |
| Digital-First Campaigns | Mobile-optimized, tech-savvy | Template-based | IDX-focused | Ad-focused |
| Multi-Touch Orchestration | Mail + Digital + Email + SMS | Digital only | Digital + Email | Digital + Email |
| Speed-to-Lead Automation | Sub-60-second response | 5+ minute avg | 2-5 minute | 3-5 minute |
| Cost per Agent/Month | Competitive | $499+ | $1,000+ | $495+ |
| ROI Attribution | Full channel to closing | Partial | Partial | Ad ROI only |
According to Inman News' 2025 Technology Satisfaction Survey, agents in tech-corridor markets rate "speed to lead" as their #1 technology priority — tech-professional buyers expect immediate responses and make decisions fast. US Tech Automations' sub-60-second automated response system captures leads before they move on to the next agent, which is critical in Lehi's competitive market.
How to Farm Lehi's Tech-Boom Market
Farming a rapidly growing tech-corridor market requires strategies that account for high turnover, new construction competition, and a digitally sophisticated buyer pool.
Map employer-to-neighborhood pipelines. Identify which tech companies feed each Lehi neighborhood. According to local broker data, Adobe employees cluster in Thanksgiving Point and Spring Creek, while Vivint employees concentrate in western Lehi. Target your farming content to the specific employer audience in your chosen zone.
Create relocation-specific campaigns. According to LinkedIn data, 45% of Silicon Slopes tech hires relocate from out of state. Build automated relocation guides that cover Utah taxes, school registration, outdoor recreation, and neighborhood comparisons. Deploy these through US Tech Automations with geo-targeted ads in source markets (SF, Seattle, Austin, Denver).
Master new construction navigation. With 30% of transactions involving builders, agents who understand builder contracts, upgrade negotiation, and construction timelines capture more deals. According to NAHB data, buyers who use an agent during new construction save an average of $12,000 on upgrades and lot selection through informed negotiation.
Farm the 3-5 year turnover cycle. Tech workers move frequently — according to Bureau of Labor Statistics data, the median tech-industry tenure is 3.2 years. Homeowners who purchased in 2021-2023 are entering the prime selling window. Deploy automated equity-update campaigns that show these homeowners how much their property has appreciated.
Leverage Thanksgiving Point as a lifestyle anchor. Thanksgiving Point's museums, gardens, golf course, and event venues draw 3M+ annual visitors. According to Thanksgiving Point Institute data, 40% of visitors explore Lehi neighborhoods during their visit. Create content that positions Thanksgiving Point as Lehi's lifestyle centerpiece and distribute it to your farming contacts.
Target the first-time buyer surge. Lehi Station and North Shore condos/townhomes ($365K-$435K) attract the largest first-time buyer cohort in Utah County. According to NAR data, first-time buyers who work with a proactive agent return for their move-up purchase 68% of the time. Use US Tech Automations to build long-cycle nurture campaigns for these future repeat clients.
Build a digital-first marketing presence. Lehi's tech-savvy buyers expect agents to meet them digitally. According to NAR's 2025 Digital Marketing Survey, 94% of tech-industry homebuyers begin their search online and 78% prefer agents who communicate primarily via text and email. Optimize your US Tech Automations workflows for digital-first touchpoints.
Monitor the Point of the Mountain development. According to the Point of the Mountain State Land Authority, the redevelopment of the former Utah State Prison site will create a massive mixed-use community adjacent to Lehi. This $5B+ project will fundamentally reshape the area's real estate landscape. Agents who communicate these changes to their farm contacts build trust as forward-looking advisors.
Track equity growth for farming conversations. According to FHFA data, Lehi homeowners who purchased in 2020 have seen 55%+ appreciation — an average equity gain of $210,000. Use this data in your farming campaigns to demonstrate market health and motivate potential sellers who may not realize how much wealth their property has generated.
Frequently Asked Questions
What is the median home price in Lehi UT in 2026?
The median home price in Lehi is approximately $595,000 as of early 2026, according to Wasatch Front Regional MLS data. Prices range from $365,000 for Lehi Station condos to over $925,000 for Traverse Mountain luxury homes.
How much commission do agents earn per Lehi transaction?
At the standard 2.5% buyer-agent rate, agents earn approximately $14,875 per transaction on the $595,000 median home. Top-quartile Lehi agents close 11-18 transactions annually for gross commission income of $165,000-$270,000, according to local broker data.
Why are Lehi home prices rising faster than other Salt Lake suburbs?
According to the Utah Governor's Office of Economic Opportunity, Lehi's 4.8% annual appreciation is driven by Silicon Slopes tech employment growth, which creates 3,000+ new jobs annually within 15 minutes of the city. This demand consistently outpaces new construction supply.
Is new construction or resale a better value in Lehi?
According to Realtor.com and local MLS data, new construction commands a 3-10% premium over comparable resale depending on price segment. However, new homes offer warranties, customization, and energy efficiency. Resale homes in established neighborhoods offer mature landscaping, proven community character, and often more lot size for the price.
What is the best neighborhood in Lehi for families?
According to Niche.com ratings, Holbrook Farms and Thanksgiving Point neighborhoods rank highest for families, offering 8-9/10 school ratings, community parks, and median prices of $545K-$685K that align with dual-income tech professional budgets.
How does Lehi compare to Draper for homebuying?
Lehi offers a lower median price ($595K vs $725K) with faster appreciation (4.8% vs 2.1%), while Draper provides established east-bench neighborhoods and Wasatch Mountain access. According to MLS data, both markets draw from the same Silicon Slopes employer base, as covered in our Draper agent guide.
What percentage of Lehi sales are new construction?
According to Lehi City Planning Department data, approximately 30% of Lehi's residential transactions involve new construction, down from 35% in 2024 as available development land decreases. This share is expected to continue declining through 2028.
How fast do homes sell in Lehi?
According to Wasatch Front MLS data, the average days on market in Lehi is 18-24 depending on price segment. Entry-level properties under $400K sell in 12 days on average, while luxury homes above $1.2M average 55 days. This rapid absorption reflects the strong demand from tech-industry relocators.
What is the commute from Lehi to Salt Lake City?
According to Google Maps and UDOT traffic data, the commute from Lehi to downtown Salt Lake City takes 35-50 minutes via I-15 depending on traffic. The planned FrontRunner commuter rail expansion will reduce transit time to approximately 30 minutes by 2028, according to UTA projections.
Conclusion: Capitalize on Lehi's Tech-Boom Market with Smart Automation
Lehi stands as the epicenter of Utah's tech-driven real estate boom — 900+ annual transactions, 4.8% appreciation, and a seemingly inexhaustible demand pipeline from Silicon Slopes employers. For agents who farm this market systematically, the combination of high volume and moderate pricing creates a predictable path to six-figure production.
US Tech Automations provides Lehi agents with the speed-to-lead automation, employer-targeted campaigns, and new construction tracking that tech-corridor farming demands. From automated relocation guides that capture out-of-state transferees to equity-update campaigns that motivate 3-5 year homeowners to sell, the US Tech Automations platform transforms Lehi's explosive growth into a systematic farming engine.
Explore more Salt Lake metro pricing data in our guides to South Jordan demographics, Cottonwood Heights market data, and Saratoga Springs trends.
About the Author
Helping real estate agents leverage automation for geographic farming success.
