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Is Lee, FL 32059 a buyer’s or seller’s market?

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

Lee is a buyer’s market. With about 17.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply17.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$138▼ −2.2% vs. last year

The Lee housing market right now

In the three months ending August 31, 2026, 0% of homes in Lee, FL 32059 sold above their list price, the typical home went under contract in 42 days and there were 17.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold faster (155 days then) and the median sale price fell 38% to $202,412. Overall, Lee is more competitive than a year ago, so tougher for buyers.

Run the numbers for 32059

Prefilled for 32059Can I win this house?Multiple-offer likelihood for a listing Prefilled for 32059Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Greenville 32331Buyer’s market $299 /sq ftMadison 32340Buyer’s market $127 /sq ftPinetta 32350Seller’s market $172 /sq ft Browse all markets →

Towns like Lee nearby

Find towns like Lee in other states →
Perry, FL32348 · 37 miles away76% similarlarger · younger residents Valdosta, GA31606 · 28 miles away71% similarpricier homes ($97K more) · younger residents Jasper, FL32052 · 22 miles away70% similarlarger · younger residents Perry, FL32347 · 25 miles away70% similarlarger · younger residents

Where Lee is

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Questions about Lee real estate

Is Lee a buyer’s or seller’s market?

A buyer’s market: there were 17.6 months of supply in Lee, FL 32059 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 42 days in the latest three months.

Do homes in Lee sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.0% of the list price.

What are property taxes in Lee?

About 0.83% of a home’s value a year in Madison County, or roughly $3,320 on a $400,000 home.

What is the median home price in Lee?

The median sale price was $202,412 in the three months ending August 31, 2026, about $138 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