Lee County, Florida Housing Market
In Lee County, Florida, the median home value is $362,200, with a median monthly rent of $1,712. This places Lee County at #378 nationally out of 3134 counties by median home value, and #17 within Florida.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,211
- Establishments: 28,906
- BLS QCEW, 2025
Housing Supply
- Single-family: 9,962
- Multi-family: 3,585
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 343,046 (avg $116,314)
- Outflow: 322,585 (avg $112,975)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Lee County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 33912 | 392.8 | — | 2025 |
| 2 | 33916 | 323.0 | -26.39% | 2025 |
| 3 | 33928 | 312.8 | -6.89% | 2025 |
| 4 | 33931 | 400.3 | -18.82% | 2025 |
| 5 | 33957 | 239.8 | -15.67% | 2025 |
| 6 | 33901 | 348.1 | -5.99% | 2025 |
| 7 | 33956 | 311.4 | -10.16% | 2025 |
| 8 | 33907 | 339.7 | -13.06% | 2025 |
| 9 | 33913 | 255.3 | -1.07% | 2025 |
| 10 | 33908 | 270.7 | -12.46% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Lee County Compares
| Metric | Lee County | Florida Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $362,200 | $284,325 | $227,706 |
| Median Gross Rent | $1,712 | $1,303 | $968 |
| Owner Occupancy Rate | 74.3% | 74.6% | 73.3% |
| Price/Rent Ratio | 17.6 | 17.6 | 18.7 |
Market Analysis
The median home value in Lee County is 27.4% above the Florida state average and 59.1% above the U.S. national average. The median rent of $1,712/month is 31.4% above the state average.
With a price-to-rent ratio of 17.6, the buy-vs-rent decision in Lee County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Lee County has an owner-occupancy rate of 74.3%, compared to 74.6% in Florida and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Strafford County | New Hampshire | $362,800 | $1,488 |
| Sherburne County | Minnesota | $361,400 | $1,127 |
| York County | South Carolina | $361,300 | $1,387 |
| Addison County | Vermont | $361,200 | $1,177 |
| Mathews County | Virginia | $360,900 | $1,032 |
Other Counties in Florida
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Flagler County | $364,900 | $1,722 | 83.0% |
| Pinellas County | $355,100 | $1,642 | 69.5% |
| Osceola County | $353,300 | $1,746 | 65.3% |
| Hillsborough County | $371,500 | $1,667 | 61.5% |
| Indian River County | $351,500 | $1,357 | 80.1% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).