Lee County, Georgia Housing Market
In Lee County, Georgia, the median home value is $231,800, with a median monthly rent of $1,184. This places Lee County at #1060 nationally out of 3134 counties by median home value, and #48 within Georgia.
📈 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: $940
- Establishments: 614
- BLS QCEW, 2025
Housing Supply
- Single-family: 92
- Multi-family: 2
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 12,502 (avg $79,570)
- Outflow: 11,471 (avg $78,812)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Lee County Compares
| Metric | Lee County | Georgia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $231,800 | $197,932 | $227,706 |
| Median Gross Rent | $1,184 | $965 | $968 |
| Owner Occupancy Rate | 74.2% | 70.6% | 73.3% |
| Price/Rent Ratio | 16.3 | 16.6 | 18.7 |
Market Analysis
The median home value in Lee County is 17.1% above the Georgia state average and 1.8% above the U.S. national average. The median rent of $1,184/month is 22.7% above the state average.
With a price-to-rent ratio of 16.3, 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 74.2%, compared to 70.6% in Georgia 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 |
|---|---|---|---|
| Sibley County | Minnesota | $231,900 | $855 |
| Deer Lodge County | Montana | $231,700 | $696 |
| Perquimans County | North Carolina | $231,700 | $1,008 |
| Anderson County | South Carolina | $231,900 | $989 |
| Pickens County | South Carolina | $231,900 | $972 |
Other Counties in Georgia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Oglethorpe County | $231,600 | $913 | 83.8% |
| Spalding County | $228,700 | $1,113 | 62.7% |
| Haralson County | $227,500 | $923 | 71.6% |
| Habersham County | $238,300 | $974 | 72.8% |
| Butts County | $240,600 | $941 | 74.3% |
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).