Lee County, IL Home Values & Market Trends

The median home price in Lee County, IL is $140,744.19. There were 571 home sales in Lee County, IL over the past 12 months. The median residential Lee County, IL home value for transactions over the previous year is $105,000. The number of current listings in Lee County, IL is 23, and the percentage of properties for sale is 23.00%. The county has 46 foreclosures, 3 bank owned properties, 3 headed for auction, and 23 properties for sale.

Lee County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Dixon

$ 142,507

$ 105/sqft

Compton

$ --

$ --

Franklin Grove

$ 53,721

$ --

Amboy

$ --

$ --

Harmon

$ 189,900

$ 249/sqft

Paw Paw

$ --

$ --

Sublette

$ 188,607

$ 73/sqft

Lee

$ --

$ --

West Brooklyn

$ 289,900

$ 120/sqft

Ashton

$ --

$ --

Eldena

$ --

$ --

Steward

$ --

$ --

Housing Market Summary for Lee County, IL

Apr 2023March 2024Change
Median Listing Price$164.9K$131.8K-20.06%
Median Sold Price$122.2K$131.8K7.91%
Homes For Sale192215.79%
Homes Sold2863118.74%
Price
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Homes For Sale
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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, IL

Lee County, IL home values range from $20,058 to $1,382,443. West Brooklyn is the priciest city with a median listing home price of $289,900, and Dixon is most affordable with average house prices of around $159,900.

Foreclosure
There are 12 cities within Lee County, IL; within these cities, the median estimated home value for homes in foreclosure ranges from $297,219 in Dixon to the lowest value of $44,088 in Dixon. Foreclosure homes account for 0.00% of properties in Lee County, IL with Dixon containing 30 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.36% of all residential properties in Lee County, IL with Dixon containing 27 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 12 cities within Lee County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $303,845 in Paw Paw to the lowest home value of $52,983 in Dixon.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lee County, IL ranges from the highest value of $83,843 in Franklin Grove to the lowest value of $60,012 in Dixon. Bank owned homes and properties account for 0.03% of properties in Lee County, IL. There are 12 cities within Lee County, IL; Dixon containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Amboy has 2 auction properties, the highest number of properties going to auction in a single city in the state of Lee County, IL. Auction homes and other auction properties account for 0.03% of all properties in Lee County, IL. There are 12 cities within Lee County, IL; of those cities, the median estimated home value for homes going to auction ranges from $122,725 in Amboy to the lowest value of $44,088 in Amboy.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.21% of residential properties in Lee County, IL with Dixon containing 21 homes for sale, the highest number of listed properties in a single city. There are 12 cities within Lee County, IL; homes for sale in those cities, have a range of median values from $289,900 in West Brooklyn to the lowest value of $22,790 in Dixon.
    Sold Homes
    The median value for recently sold homes ranges from $387,926 in Steward to the lowest price of $20,058 in Steward. There are 12 cities within Lee County, IL. Dixon has 231 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.80% of properties in Lee County, IL.

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      Guide for Lee County, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      Home Buying Financing
      What To Consider Before Renting a RTO Home
      Market Reports
      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      See More Articles
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.

      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      Market Reports|posted 4 April 2024

      The Charleston real estate market has displayed notable fluctuations in property values, with trends for sales volume, square foot costs, and average sale price showing a general upward trajectory.

      Recently Listed Homes Lee County, IL

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