Home Values

Lee County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Lee County is $74, which is the same as the Dixon Metro average of $74. The median price of homes currently listed in Lee County is $104,000 while the median price of homes that sold is $86,925. The median rent price in Lee County is $700, which is the same as the Dixon Metro median of $700.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Lee County is 4.4%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Lee County homeowners underwater on their mortgage is 13.3%.

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Relative ZHVI
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Lee County Market Overview

Data through Oct 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $104,000 Median listing price
  • $86,925 Median sale price
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Lee County Market Health

Data through Oct 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 13.3% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 4.4% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Counties

Name Median ZHVI
Kendall County $197,600
Kane County $192,300
McHenry County $181,200
Name Median ZHVI
Grundy County $166,200
De Kalb County $145,800
Boone County $130,700
Name Median ZHVI
Ogle County $123,600
Henry County $108,600
Winnebago County $89,200

Listings & Sales

Data through Oct 31, 2014
  • $74 Median list price / sq ft
  • $61 Median sale price / sq ft
  • 43.3% Listings with price cut
22.2%
Sold below listing
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Lee County Rentals

Data through Oct 31, 2014
  • No data Breakeven horizon
  • $700 Rent list price (Sep 30, 2014)
  • $0.61 Rent list price / sq ft (Sep 30, 2014)
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