Housing in Lee, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — August 2025

Median Sale Price

$142,000

Median List Price

N/A

Price Per Sq Ft

$78

Days on Market

76

Active Inventory

N/A

Zillow Home Value

$251,218

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price ↑ 57.8%List Price ↑ 2.8%Aug 24 → Aug 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

93.1%

Buyer's market

Sold Above Asking
0.0%

Market Activity

Source: Redfin

Homes Sold

2

Homes Sold ↑ 100.0%New Listings ↓ 50.0%Pending ↓ 50.0%Aug 24 → Aug 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$78

Sale $/SF ↓ 49.7%List $/SF ↑ 235.1%Aug 24 → Aug 25

Lee vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Lee is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$155,200

Median Rent

$1,102

Total Housing Units

119

Vacancy Rate

5.9%

Owner Occupied

75.0%

Renter Occupied

25.0%

Median Property Tax

$2,842

per year

Monthly Cost (w/ Mortgage)

$1,000

Housing Types

Single Family
94.1%
Multi-Family
5.9%
Mobile Home
0.0%

The current median sale price in Lee, IL is $142,000 according to Redfin data. Homes spend a median of 76 days on the market. 0.0% of homes sold above asking price. The median price per square foot is $78. The median rent is $1,102 per month (Census ACS). About 75.0% of housing units are owner-occupied. The median year homes were built is 1959. There are 119 total housing units.