Lee County, Texas Housing Market
In Lee County, Texas, the median home value is $267,800, with a median monthly rent of $1,067. This places Lee County at #792 nationally out of 3134 counties by median home value, and #41 within Texas.
📈 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: $1,252
- Establishments: 423
- BLS QCEW, 2025
Housing Supply
- Single-family: 15
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 7,029 (avg $80,798)
- Outflow: 6,654 (avg $81,380)
- IRS Statistics of Income
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Lee County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Lee County →How Lee County Compares
| Metric | Lee County | Texas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $267,800 | $186,278 | $227,706 |
| Median Gross Rent | $1,067 | $997 | $968 |
| Owner Occupancy Rate | 77.8% | 73.2% | 73.3% |
| Price/Rent Ratio | 20.9 | 15.2 | 18.7 |
Market Analysis
The median home value in Lee County is 43.8% above the Texas state average and 17.6% above the U.S. national average. The median rent of $1,067/month is 7.0% above the state average.
With a price-to-rent ratio of 20.9, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Lee County has an owner-occupancy rate of 77.8%, compared to 73.2% in Texas 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 |
|---|---|---|---|
| Holmes County | Ohio | $267,700 | $816 |
| Monongalia County | West Virginia | $267,700 | $987 |
| Monroe County | Pennsylvania | $267,600 | $1,393 |
| Jessamine County | Kentucky | $268,100 | $1,124 |
| Clearwater County | Idaho | $268,200 | $875 |
Other Counties in Texas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Erath County | $269,100 | $1,146 | 63.1% |
| Aransas County | $265,400 | $1,128 | 76.8% |
| Hartley County | $262,500 | $1,028 | 74.4% |
| Bexar County | $262,200 | $1,354 | 58.8% |
| Harris County | $276,600 | $1,401 | 54.7% |
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).