Lee County Market Pulse: Prices Rise in Rolling Six Months

Lee County home prices rose 9.9% compared to the prior six-month period, reaching a median of $349,000 across 47 closed sales in the rolling window ending October 31, 2026. This increase brings the median price 1.2% higher than the same period last year, signaling steady appreciation despite market fluctuations. The pace of sales also accelerated significantly. Median days on market dropped by 50% to 52 days compared to the prior six months, though this remains 23.8% longer than the same window a year ago. Homes sold for 93.3% of their original list price, a slight improvement over the prior period and consistent with last year's 93.5%. Inventory levels remain tight relative to sales volume. With 48 active listings and 47 closed sales over the trailing six months, the market shows 6.13 months of inventory. This figure suggests a balanced market where supply and demand are closely matched. The median price per square foot rose 4.7% to $178, while the typical home size increased 8.5% to 1,938 square feet compared to the prior period. ALEX Intelligence analyzed these figures to highlight that while prices are climbing, the market is not overheating. The combination of rising prices and faster sales indicates growing buyer confidence, yet the extended time on market compared to last year suggests buyers still exercise caution. Current mortgage rates stand at 7.18% as of November 5, 2026, influencing affordability calculations for prospective buyers in this region. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog