Lee, MA Housing Market Update: Modest Price Gains, Slower Pace
Lee, MA – March 16, 2026 – Home values in Lee edged higher over the past year as listings remain limited and homes take longer to sell.
Lee Housing Market Snapshot
- Typical home value around $400,818, up 1.7% year over year.
- Median listing price near $649,500 in late 2025.
- Median sold price about $434,000–$465,000 based on recent reports.
- Homes averaging more than 4 months on market.
Recent data show a steady but measured market in Lee. Zillow’s Home Value Index places the typical home value at $400,818 as of January 31, 2026, reflecting a 1.7% annual increase. Inventory remains limited, with fewer than two dozen homes actively listed at the start of the year.
Realtor.com reports a median listing price of roughly $649,500 in December 2025, with homes selling below asking on average. The sale-to-list price ratio has hovered in the mid-90% range, indicating buyers have some negotiating room. Median days on market recently reached about 145 days, pointing to a slower pace compared with more competitive Massachusetts markets.
Recent Sales Trends
Redfin data show a median sale price near $434,000 in December 2025, up notably from a year earlier. However, the market is described as not very competitive, with few total sales in a given month. That combination—higher year-over-year prices but longer marketing times—suggests selective demand, particularly for well-priced or updated properties.
What’s for Sale
Current listings range from buildable land parcels to higher-end single-family homes. Realtor.com shows approximately 20 active listings, including properties with acreage and renovated historic homes. Buyers seeking more space or second-home options in Berkshire County continue to find opportunities, though choices remain limited at lower price points.
With modest annual appreciation and extended days on market, Lee currently leans toward a balanced-to-buyer-friendly environment. Sellers may need strategic pricing, while buyers have time to compare options.
What are you seeing locally—more showings, price cuts, or new listings this spring?
Sources
https://www.zillow.com/home-values/399058/lee-ma/
https://www.realtor.com/realestateandhomes-search/Lee_MA/overview
https://www.redfin.com/city/36245/MA/Lee/housing-market
https://www.realtor.com/realestateandhomes-search/Lee_MA