Lehi Housing Market July 2026: Sales Fall Slightly

Navigating the ever-changing real estate landscape requires keeping a close eye on local market shifts, especially as mid-summer data rolls in. In this post, we take a close look at the Lehi housing market metrics for July 2026 to see how sales volumes and pricing trends are evolving.

Whether you are buying, selling, or simply studying modern home design trends, understanding these neighborhood shifts is crucial. Let us dive into the key numbers defining the region right now.

Lehi Market Overview for July 2026

The Lehi real estate market experienced a notable decrease in overall home sales this July. Exactly 119 homes successfully sold during the month, which is a decline from the 145 transactions recorded during the same period in 2025.

Property dimensions also saw a minor adjustment alongside these sales figures. Homes averaged 2,984 square feet in size this July, coming in slightly smaller than the 3,080 square foot average recorded a year prior.

Decoding Pricing and Square Foot Costs

Despite the dip in total sales volume, property values displayed intriguing resilience across various metrics. The average home price experienced a slight drop to $687,419, down from $700,084 the previous year.

Conversely, the median home price rose modestly to reach $629,000, improving upon the $625,765 figure from last year. Meanwhile, the average price per square foot increased to $235.33, up from $231.04 a year prior.

Inventory Levels and Luxury Properties

Market velocity remained remarkably consistent for sellers throughout the mid-summer season. The average number of days that properties spent on the market held steady at exactly 54 days.

Active inventory levels featured plenty of diverse choices for prospective buyers browsing the local listings. The market included 270 existing home listings alongside 69 brand-new construction options.

High-End Sales and Budget-Friendly Condos

Luxury real estate continued to command attention across the broader Wasatch Front MLS network. There were 63 active listings priced above the $1 million threshold as of August 4.

Individual transactions spanned a wide spectrum of affordability and scale throughout the region. The most expensive home sold during the month reached $2,024,000 for a sprawling six-bedroom property, while the least expensive option was a cozy condo priced at $310,000.

 
Here is the source article for this story: Lehi Real Estate Snapshot: July 2026