Real Estate Price Maphome prices by county

Lee County, IL home prices

Lee County, IL: the typical home is worth $184,555 as of 2026-05, up +7.0% over the past year and n/a since 2000. Listings run about $132/sq ft. Rent…

Data as of · by the Real Estate Price Map data team · methodology & sources

Lee County is accelerating and undervalued — very affordable for what people here earn.

Momentum+7.0%Heating up
Valuation-23%Undervalued
Affordability10/10Very affordable
Market45 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1976: $59,481 → 2026: $184,555 (3.1×) pre-2000 estimated via FHFA index

Typical value$184,5552026-05
1-year+7.0%
5-year+29.8%
10-year+130.0%
Since 2000n/a
Population33k2024
Median income$66,5982023 · 2.8× income
Median rent$1,108/mo2026 · 7.2% gross yield
New homes/yr432024
Price / sq ft$132listings
Days on market452026-06
Active listings552026-06
Price cuts14%of listings

Market read

At $184,555, homes in Lee County sit 17% above the Illinois median ($158,388) and 21% below the US median ($233,954). That ranks #33 of 102 Illinois counties by price.

Prices are climbing fast (+7.0% in the last year) — a seller's market.

Homes here move at a steady pace — a median 45 days on the market, with 14% of listings cutting their asking price.

At 2.8× local income, that's more affordable than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~23% cheap for local incomes and rents — a relative bargain.

Buying looks cheaper than renting — ~$911/mo to buy (P&I, 20% down) vs $1,108/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Ogle County, IL ($228,072) · Bureau County, IL ($150,716) · DeKalb County, IL ($297,572) · Whiteside County, IL ($146,879) · La Salle County, IL ($194,342) · Putnam County, IL ($188,753)

Frequently asked questions

What is the average home price in Lee County, IL?
The typical home in Lee County is worth $184,555 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Lee County rising or falling?
Prices are up +7.0% over the past year and n/a since 2000 — a seller's market.
Is Lee County affordable?
At 2.8× the local median income of $66,598, Lee County is more affordable than the typical US county.
What is the rental yield in Lee County?
Median rent is $1,108/mo — a gross rental yield of 7.2% on the typical home.
How fast do homes sell in Lee County?
Homes here take a median of 45 days to sell, with 14% of listings cutting their asking price.
Median home value by year
YearMedian home value
2006$138,138
2007$142,167
2008$141,454
2009$131,616
2010$124,415
2011$121,076
2012$111,410
2013$113,419
2014$81,088
2015$68,742
2016$77,866
2017$96,164
2018$120,289
2019$122,757
2020$124,426
2021$138,597
2022$149,389
2023$149,028
2024$159,869
2025$170,618
2026$183,681