Lee First-Time Homebuyer Report for October

Lee has a much older population than other areas in Illinois with a median age of 37 years. It is also affluent with a median income of $56,127 per household. The Lee market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area.

Price Range

Lee has some of the more expensive homes in the state with a median home value of $155,200 and a current average list price of $112,973. Sales numbers in the Lee market remain the same with one homes over the last 30 days and the market still shows a recent trend downward overall.

Make sure you take a look at these eye-catching homes in Lee that generated the most views from potential buyers:

$179K   $152K  

Typical Dwelling

A three-bedroom detached home valued around $91,505 is considered a typical dwelling in Lee. If a buyer was looking for a similar home, they would need good credit and a $18,301 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $198 and the property tax rate is $17.69 per $1,000 of taxable assessed value.

Get started right now by checking out Lee homes for sale or reviewing Lee real estate trends.


Data reported through 10/13/2016

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