Lehi Real Estate
The Heart of Silicon Slopes — Where Tech Meets Utah County Living
Tech Economy, Premium Location
Lehi sits at the epicenter of Silicon Slopes — Utah's tech corridor that's home to Adobe, Microsoft, Qualtrics, Domo, and hundreds of other companies. For tech workers, living in Lehi means a 5-15 minute commute instead of the 45-60 minute drive from Salt Lake City.
The recent announcement of Texas Instruments' $11 billion chip manufacturing facility in Lehi will bring 800+ high-paying jobs, further boosting housing demand and property values.
Lehi offers something rare: urban amenities (shopping, dining, entertainment at Thanksgiving Point) with Utah County's family-friendly culture and lower taxes than Salt Lake County. The trade-off is price — Lehi commands a premium over neighboring cities.
Lehi at a Glance
- Heart of Silicon Slopes tech corridor
- 5-15 min commute to major tech employers
- Texas Instruments $11B facility coming
- Thanksgiving Point shopping & entertainment
- Direct I-15 and FrontRunner access
- Mix of historic charm and new development
- Alpine School District (top-rated)
What Buyers & Sellers Need to Know
For Buyers
Lehi is a competitive market. Homes priced well in desirable neighborhoods receive multiple offers within days. The key is getting pre-approved, knowing your maximum budget, and being ready to move fast.
New construction is limited compared to Eagle Mountain or Saratoga Springs — most available land is already developed. This means resale homes dominate the market, and bidding wars still happen in prime areas.
Watch out for: Older homes in historic Lehi that may need significant updates, traffic congestion on SR-92 and Triumph Blvd during rush hour, and assuming all Lehi neighborhoods are equal (prices vary by $200K+ depending on location).
For Sellers
Lehi sellers have leverage — buyer demand consistently outpaces inventory, especially for homes near tech campuses. Position your home for the tech professional demographic: highlight commute times, smart home features, and home office spaces.
Homes that show well and are priced at market move within 30-45 days. Premium properties in Traverse Mountain or Thanksgiving Point can move in under two weeks.
Our strategy: Target relocating tech workers (many come from California and Seattle), emphasize the lifestyle upgrade, and price strategically to generate competitive offers.
Areas to Know in Lehi
Lehi's neighborhoods range from historic Main Street charm to modern master-planned communities. Price points and lifestyles vary dramatically:
Traverse Mountain
Premium master-planned community with stunning mountain views. Higher price point but excellent amenities and schools. Popular with executives.
LuxuryThanksgiving Point
Adjacent to the famous gardens and museum. Walking distance to shopping and dining. Modern townhomes and single-family options.
WalkableHistoric Lehi
Charming older homes near Main Street with character and larger lots. More affordable entry point but may need updates.
Character HomesHolbrook Farms
Newer development with community pool and parks. Good balance of price and amenities. Popular with young families.
Family-FriendlyIvory Ridge
Townhome and condo community near tech campuses. Best for single professionals or investors seeking rental income.
Tech CommutersLehi Real Estate FAQ
What is the average home price in Lehi, Utah?
The median home price in Lehi is approximately $625,000 as of early 2026. Prices range significantly: Historic Lehi starts around $475,000-$550,000, while Traverse Mountain and premium neighborhoods reach $800,000-$1.2M+.
Is Lehi a good place to buy a home?
Lehi offers exceptional long-term value for buyers who work in tech or want proximity to Silicon Slopes. The Texas Instruments facility and continued tech expansion suggest strong appreciation potential. However, buyers seeking maximum square footage per dollar should consider Eagle Mountain or Saratoga Springs.
How long does it take to commute from Lehi?
Within Lehi to Silicon Slopes tech campuses: 5-15 minutes. To downtown Salt Lake City: 30-45 minutes via I-15 (or FrontRunner train). To Provo: 20-25 minutes. Lehi's central Utah County location provides excellent access in all directions.
What are the best neighborhoods in Lehi?
For luxury: Traverse Mountain. For walkability: Thanksgiving Point area. For value: Historic Lehi. For families: Holbrook Farms. For tech commuters: Ivory Ridge or neighborhoods near SR-92. The "best" depends entirely on your priorities and budget.
Why is Lehi real estate more expensive?
Lehi commands premium prices due to its Silicon Slopes location, proximity to major tech employers, excellent schools, and lifestyle amenities (Thanksgiving Point). Limited developable land and consistent demand from high-earning tech workers keep prices elevated compared to neighboring cities.
Ready to Explore Lehi?
Whether you're buying, selling, or relocating for tech work — we know this market inside out. Let's talk about what makes sense for you.