Single-family Foreclosures in Lehi, UT 84043

Current Market Conditions in Lehi, UT

The current real estate market in Lehi remains competitive, with demand outpacing supply. Home values have been steadily increasing, making it a favorable area for investors. The tech industry's growth in nearby Silicon Slopes has fueled significant housing demand, attracting buyers from across the state and beyond.

As of late 2023, Lehi has shown a consistent upward trend in home prices, with many neighborhoods experiencing appreciation over the past few months. The ongoing development of commercial spaces and community infrastructure suggests a continued interest in real estate in the area.

Rent Prices In Lehi, UT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lehi, UT, is on a rollercoaster ride. The average rent price in Lehi, UT, is $2,123.00. Indeed, when looking to rent in Lehi, UT, you can expect to pay as little as $760.00 or as much as $4,040.00, with the average rent median estimated to be $2,080.00. The good news is that finding an affordable and desirable property to rent in Lehi, UT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.