Lee, Illinois, is a small, charming village located in both DeKalb and Lee Counties, offering a peaceful, rural lifestyle with a close-knit community feel. With a population of just over 300, Lee embodies the essence of small-town America, where residents enjoy a quiet environment surrounded by expansive farmlands and open spaces. The village is home to basic amenities, including a post office and a few local businesses, while its proximity to larger towns like DeKalb and Rochelle provides access to more extensive services and entertainment. Lee’s rich agricultural heritage and serene setting make it an ideal spot for those seeking a tranquil escape from urban life, with community events and local pride fostering a strong sense of belonging.
Lee currently has 2 single family homes for sale with an average list price of $455,000. The average annual property tax for Lee is $3,134.65.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Lee, i.e. what's hot and what's not.
See What's Hot & What's Not in LeeLee home sales for the month of July stayed the same in volume when compared to last year, while the median sale price stayed the same. House sales stayed the same, while the median sale price stayed the same.
6
|
8
|
6
|
5
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$184,375
|
$142,500
|
$141,000
|
$162,350
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |