Is Lee, NH 03861 a buyer’s or seller’s market?

The Lee housing market right now

In the three months ending August 31, 2026, 53% of homes in Lee, NH 03861 sold above their list price, the typical home went under contract in 44 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 15 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 27%, homes sold faster (51 days then) and the median sale price rose 4% to $644,721. Overall, Lee is more competitive than a year ago, so tougher for buyers.

Within Strafford County, homes here sell more slowly than in 93% of the county’s ZIP codes, and sell more often over asking than in 80%. On our competition score, Lee ranks #48 of 116 NH ZIP codes with enough sales (score 72 out of 100).

Nearby, buyers who want less competition could look at Milton Mills 03852 (25% sold over asking) or Rochester 03868 (29% sold over asking), while Rochester 03839 (75% sold over asking) and Milton 03851 (75% sold over asking) are even more competitive.