$7,421 Closing Credit*
$624,900
2,819 SqFt
3 Beds
•3 Full Baths, 1 Partial
CHRIS TACIA, CHARLES "BEAR" TACIA, Listing Office: COLDWELL BANKER ADVANTAGE #5 (SANFORD)
Is Lee County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Lee County was a Seller's Market.
Key Takeaway
Lee County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lee County, NC
How much do homes in Lee County, NC cost?
Median Sold Price
$324,999
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,999(+6.6%)
Key Takeaway
Homes in Lee County have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Lee County was $324,999 in November 2024, up 6.6% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $198K | -1.0% |
| 2 Bedrooms | $225K | $225K | 0.0% |
| 3 Bedrooms | $294.9K | $314.9K | +6.8% |
| 4 Bedrooms | $363.7K | $350.7K | -3.6% |
| 5+ Bedrooms | $450K | $479.9K | +6.6% |
Summary: Lee County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1%, 2 bedroom homes did not change, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 6.6%.
Median Sold Price Compared To Nearby Counties
| Moore County | $433.1K | $463.1K | +6.9% |
| Lee County | $305K | $324.9K | +6.6% |
| Harnett County | $313.4K | $322.7K | +3.0% |
| Chatham County | $539.1K | $542K | 0.5% |
Housing Supply in Lee County, NC
How many homes are available in Lee County, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 515 | 499 | -3.1% |
Summary: The Lee County real estate market had 499 homes for sale in November 2024, a 3.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 21 | 24 | +14.3% |
| 3 Bedrooms | 329 | 310 | -5.8% |
| 4 Bedrooms | 137 | 141 | +2.9% |
| 5+ Bedrooms | 28 | 24 | -14.3% |
Summary: The Lee County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 81 | 69 | -14.8% |
Asking Price vs. Sold Price
42 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lee County, you may be able to get a good deal. 60.9% of homes here sold below asking price last month.
Summary: A total of 69 homes were sold or pending in Lee County in November 2024, down by 14.8% month-over-month. Of the 69 sold homes, 61% were sold under asking, 28% were sold at asking, and 12% were sold over asking.
Days on Market for Lee County, NC
How long does it take to sell a home in Lee County, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 65 Days | +29.0% |
Summary: Homes in Lee County had an average of 65 days on market in Nov 2024, up by 29% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lee County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 69 homes were sold in Lee County; 39% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. 
The data relating to real estate for sale on this web site comes in part from the Longleaf Pine REALTORS®, Inc. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawl. Neither listing broker(s) nor Longleaf Pine REALTORS®, Inc. shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless. Copyright 2024 Longleaf Pine REALTORS®, Inc. All rights reserved.
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.