Market Overview
Home Prices in Lee, FL
The median home value in Lee, FL is $255,027 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.7% compared to a year ago and up 4.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lee are priced38% below average.
Over the past five years, Lee home values have risen by approximately39.6%, reflecting strong long-term appreciation in this market.
Price History
Lee Home Price Trend
2020
$143,543
$144K
—
2021
$182,672
$183K
+27.3%
2022
$235,236
$235K
+28.8%
2023
$233,429
$233K
-0.8%
2024
$249,058
$249K
+6.7%
2025
$259,339
$259K
+4.1%
2026
$255,027
$255K
-1.7%
City Comparison
Lee vs. National Median
🏠 Lee
$255,027
National Median
$410,000
At $255,027, homes in Lee cost 38% below the national median of $410,000. This makes Lee a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lee?
20% Down Payment
$51,005
on $255,027
Monthly P&I
$1,330/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,689/mo
incl. taxes & insurance
Income Needed
$67,560
gross annual (30% rule)
10% Down Option
$25,503
+ PMI applies
Loan Amount (20% dn)
$204,022
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lee, FL?
The median home value in Lee is $255,027 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.7% year-over-year.
How much have home prices changed in Lee?
Over the past year, home values in Lee have decreased by 1.7%. Over five years, prices have risen approximately 39.6%.
How much do I need to earn to buy a home in Lee?
To comfortably afford the median home price of $255,027 with a 20% down payment ($51,005) at today's rates (6.8%), you'd need a gross annual income of approximately $67,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Lee compare to the national average home price?
The national median home value is approximately $410,000. At $255,027, homes in Lee are 38% below the national average.