The housing market in Lee, VA County is relatively affordable compared to the US average. The median value of a home in Lee County is $86,800 while the US median value is $338,100. Home values have increased by 7.46% over the past year, which is slightly below the US appreciation rate of 8.27%. This slower rate of growth has kept the housing market in Lee County more affordable for potential buyers.
The median home cost in Lee County is $86,800. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Lee County is up 22.5%.
Average Age of Homes
- The median age of Lee County real estate is 41 years old
The Rental Market in Lee County
- Renters make up 22.5% of the Lee County population
- 2.1% of houses and apartments in Lee County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.