Is Lee, MA 01238 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Lee is a seller’s market. With about 2.7 months of supply and 30% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score54/ 100

More competitive than 56% of U.S. ZIP codes, and #324 of 362 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.7Under 4 months = seller’s market
Sold above original list30%Share of sales, last 3 months
Median sale-to-list98.6%Sold price ÷ list price
Median days on market49Listing to accepted offer
Median price per sq ft$297▲ +15.1% vs. last year

The Lee housing market right now

In the three months ending August 31, 2026, 30% of homes in Lee, MA 01238 sold above their list price, the typical home went under contract in 49 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 21 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 57%, homes sold more slowly (28 days then) and the median sale price rose 18% to $559,258. Overall, Lee is less competitive than a year ago, which gives buyers more room.

Within Berkshire County, homes here sell more slowly than in 64% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Lee ranks #324 of 362 MA ZIP codes with enough sales (score 54 out of 100).

Nearby, buyers who want less competition could look at Drury 01343 (0% sold over asking) or Stockbridge 01262 (0% sold over asking), while South Lee 01260 (100% sold over asking) and Dalton 01226 (57% sold over asking) are even more competitive.

Nearby markets

Adams 01220Seller’s market $193 /sq ftAshley Falls 01222Seller’s market $238 /sq ftBecket 01223Buyer’s market $258 /sq ftCheshire 01225Seller’s market $175 /sq ft Browse all markets →

Where Lee is

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Questions about Lee real estate

Is Lee a buyer’s or seller’s market?

A seller’s market: there were 2.7 months of supply in Lee, MA 01238 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Lee?

The typical home went under contract in 49 days in the latest three months.

Do homes in Lee sell over asking?

30% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.

What are property taxes in Lee?

About 1.32% of a home’s value a year in Berkshire County, or roughly $5,280 on a $400,000 home.

What is the median home price in Lee?

The median sale price was $559,258 in the three months ending August 31, 2026, about $297 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology