Lee County, AL Home Values & Market Trends

The median home price in Lee County, AL is $298,648.57. There were 1 home sales in Lee County, AL over the past 12 months. The median residential Lee County, AL home value for transactions over the previous year is $565,000. The number of current listings in Lee County, AL is 301, and the percentage of properties for sale is 301.00%. The county has 17 foreclosures, 0 bank owned properties, 17 headed for auction, and 301 properties for sale.

Lee County, AL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Phenix City

$ 205,723

$ 113/sqft

Salem

$ 342,000

$ 156/sqft

Auburn

$ 467,000

$ 187/sqft

Cusseta

$ 231,034

$ 148/sqft

Opelika

$ 365,000

$ 166/sqft

Waverly

$ --

$ --

Smiths Station

$ 233,416

$ 143/sqft

Auburn University

$ --

$ --

Housing Market Summary for Lee County, AL

Mar 2023February 2024Change
Median Listing Price$384.9K$253.2K-34.22%
Median Sold Price$354.5K$253.2K-28.57%
Homes For Sale18229159.89%
Homes Sold51-80.00%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Recently Sold Homes

Explore recent offers and recently sold homes in Lee County, AL

Browse Homes in Lee County, AL

Lee County, AL home values range from $24,333 to $25,435,588. Auburn is the priciest city with a median listing home price of $499,000, and Phenix City is most affordable with average house prices of around $225,000.

Foreclosure
There are 8 cities within Lee County, AL; within these cities, the median estimated home value for homes in foreclosure ranges from $367,083 in Opelika to the lowest value of $79,291 in Opelika. Foreclosure homes account for 0.00% of properties in Lee County, AL with Phenix City containing 11 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Lee County, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 8 cities within Lee County, AL; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lee County, AL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Lee County, AL. There are 8 cities within Lee County, AL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Phenix City has 11 auction properties, the highest number of properties going to auction in a single city in the state of Lee County, AL. Auction homes and other auction properties account for 0.03% of all properties in Lee County, AL. There are 8 cities within Lee County, AL; of those cities, the median estimated home value for homes going to auction ranges from $320,593 in Salem to the lowest value of $79,291 in Salem.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.57% of residential properties in Lee County, AL with Phenix City containing 165 homes for sale, the highest number of listed properties in a single city. There are 8 cities within Lee County, AL; homes for sale in those cities, have a range of median values from $360,000 in Cusseta to the lowest value of $29,900 in Phenix City.
    Sold Homes
    The median value for recently sold homes ranges from $247,452 in Opelika to the lowest price of $20,266 in Opelika. There are 8 cities within Lee County, AL. Auburn has 7 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 0.00% of properties in Lee County, AL.

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      Guide for Lee County, AL

      Home Buying Tools
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      California
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      See More Articles
      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Tools|posted 5 June 2021

      Last month we asked if it was possible that eviction moratoriums from the federal government were illegal. “If you’re a real estate investor with rental properties you depend on monthly rental payments to cover the mortgage, taxes, repairs, and other costs. But what happens if the government says, nope, you can’t evict tenants who don’t […]

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      Looking to buy a house wholesale? Discover 4 essential tips to navigate the wholesale real estate market successfully.

      A new home
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      Home Buying Financing|posted 6 March 2024

      Learn about the key factors to consider when determining how much to spend on your first home.

      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      California|posted 6 March 2024

      Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.