Brokers — List your Company Here
Featured local agent — Lee, IL
Sarah Mitchell
Compass Real Estate · Lee, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Lee, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$254,900median sale price
How is the Lee, IL housing market right now?
The median home sale price in Lee, IL is $254,900. Homes sell in an average of 26 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lee a buyer's or seller's market?
Lee, IL is currently a balanced market and homes selling in about 26 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
26
Average pace
Active listings
—
Sale-to-list
100.0%
Above asking
What does the Lee housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $254,900 |
| Average days on market | 26 days |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $195/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Lee by property type?
How the Lee, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $254,900 | $195/sq ft | 1 | 26 days |
Source: Redfin · Updated monthly
The Lee housing market is currently classified as a balanced market with a median sale price of $254,900. Prices have fallen 0.0% compared to last year, with homes spending an average of 26 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.6x provides context for how home values compare to local earning capacity.
Homes for sale in Lee
Explore homes currently listed for sale in Lee, Illinois across major real estate platforms.
Who lives in Lee?
Population
332
Median income
$76,250/yr
Median age
35.8 years
Owner-occupied
75.0%
College grads
13.7%
Avg commute
34.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Lee?
Zillow home value
$275,608
Price-to-income
3.6x
Source: Zillow Research
What is it like to live in Lee?
Lee is a community of approximately 0K residents with a median age of 35.8 years.The median household income is $76,250, which reflects a relatively affluent area with strong earning potential. 13.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 75.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 34.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lee offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lee, IL?
Want a head-to-head view? Compare Lee side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lee?
The median home sale price in Lee is $254,900, down 0.0% from last year.
How long do homes stay on market in Lee?
Homes typically spend 26 days on market before going under contract.
What is the median income in Lee?
The median household income is $76,250 per year.
What is the Zillow home value estimate for Lee?
The Zillow Home Value Index (ZHVI) for Lee is $275,608, representing the typical home value in the area.
How much does a single-family home cost in Lee?
The median single-family home price in Lee, IL is $254,900 (about $195 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Lee, IL
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Lee market alerts
Weekly updates on prices, inventory, and trends. Free forever.