Lee County, VA Home Values & Market Trends

The median home price in Lee County, VA is $166,500. There were 262 home sales in Lee County, VA over the past 12 months. The median residential Lee County, VA home value for transactions over the previous year is $100,000. The number of current listings in Lee County, VA is 197, and the percentage of properties for sale is 197.00%. The county has 11 foreclosures, 7 bank owned properties, 4 headed for auction, and 197 properties for sale.

Lee County, VA Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Pennington Gap

$ 133,882

$ 119/sqft

Dryden

$ 197,496

$ --

Jonesville

$ 178,500

$ 159/sqft

Saint Charles

$ 97,061

$ --

Ewing

$ 195,000

$ --

Blackwater

$ 153,484

$ 221/sqft

Rose Hill

$ 169,000

$ 120/sqft

Keokee

$ 134,245

$ --

Housing Market Summary for Lee County, VA

Sep 2025September 2026Change
Median Listing Price$159K$164.5K3.46%
Median Sold Price$106.6K$80,485-24.46%
Homes For Sale15419224.68%
Homes Sold14989-40.27%
Price
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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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Browse Homes in Lee County, VA

Lee County, VA home values range from $12,000 to $1,599,999. Ewing is the priciest city with a median listing home price of $199,450, and Keokee is most affordable with average house prices of around $53,400.

Foreclosure
There are 8 cities within Lee County, VA; within these cities, the median estimated home value for homes in foreclosure ranges from $136,968 in Pennington Gap to the lowest value of $22,573 in Pennington Gap. Foreclosure homes account for 3.00% of properties in Lee County, VA with Pennington Gap containing 4 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, VA 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, VA; 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, VA ranges from the highest value of $156,938 in Blackwater to the lowest value of $50,618 in Jonesville. Bank owned homes and properties account for 2.24% of properties in Lee County, VA. There are 8 cities within Lee County, VA; Jonesville containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Pennington Gap has 3 auction properties, the highest number of properties going to auction in a single city in the state of Lee County, VA. Auction homes and other auction properties account for 1.28% of all properties in Lee County, VA. There are 8 cities within Lee County, VA; of those cities, the median estimated home value for homes going to auction ranges from $167,166 in Pennington Gap to the lowest value of $22,573 in Pennington Gap.
Homes for Sale
Homes and properties that are actively listed for sale account for 62.94% of residential properties in Lee County, VA with Pennington Gap containing 53 homes for sale, the highest number of listed properties in a single city. There are 8 cities within Lee County, VA; homes for sale in those cities, have a range of median values from $500,000 in Blackwater to the lowest value of $20,972 in Dryden.
    Sold Homes
    The median value for recently sold homes ranges from $75,703 in Keokee to the lowest price of $12,000 in Keokee. There are 8 cities within Lee County, VA. Pennington Gap has 23 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 30.03% of properties in Lee County, VA.

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      Guide for Lee County, VA

      gavel for real estate auction
      Home Buying Guides & Tips
      Virginia Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      gavel for real estate auction
      Virginia Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2015

      Virginia Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.