Lee, IL—60553
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Lee, IL
Home Price Trends — Lee, IL
As of Oct '25, the median home price in Lee, IL is $263,000, with a year-over-year change of 5.5%. This indicates that home prices in Lee, IL are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $263,000 | 5.5% |
| Single Family | $263,000 | 6.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lee, IL
Lee, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lee, IL
Lee, IL lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | 0.4% | N/A |
Days on Market | N/A | N/A |
Demographics — Lee, IL
As of the latest ACS Survey released in 2023, Lee, IL has a population of 681, which has decreased by -2.9% over the past 5 years. Lee, IL is a popular place for families, as children make up 26.1% of the population. The area has a moderately educated workforce, with 32.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 681 | -2.9% |
% Under 18 | 26.1% | 19.7% |
% Seniors | 15.7% | -1.9% |
% WFH | 8.3% | 124.3% |
% w/ College Degree | 32.7% | 45.3% |
As of the latest ACS Survey released in 2023, Lee, IL is a predominantly white area, with 92.7% of the population identifying as white. The white population has shrunk by 5.4% in the last 5 years. The second most common race or ethnicity in Lee, IL is hispanic, making up 5.1% of the population. Foreign-born residents account for 1.2% of the population in Lee, IL, and this percentage has increased by 1100.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.7% | -5.4% |
% Black | 0.9% | 0.0% |
% Hispanic | 5.1% | 1,600.0% |
% Asian | 0.3% | ∞% |
% Foreign Born | 1.2% | 1,100.0% |
Mortgage and Risk — Lee, IL
Lee, IL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Lee, IL
Lee, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,060 |
| 2 Bedroom | N/A | N/A | $1,200 |
| 3 Bedroom | N/A | N/A | $1,690 |
| 4 Bedroom | N/A | N/A | $2,040 |
Affordability — Lee, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $263,000 |
| Median Household Income | $111,000 |