Is Lehigh Acres, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lehigh Acres is a seller's market

Buyer's
Market

Difference Since June 2021

Since last year, Lehigh Acres has remained a Seller's Market.

Key Takeaway

Lehigh Acres is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Lehigh Acres, FL cost?

Median Sold Price

$305,963

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

+$69,059(+29.2%)

Key Takeaway

Homes in Lehigh Acres have sold for 29.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 $98.5K$135K
+37.1%
2 $180K$240K
+33.3%
3 $233.2K$303.1K
+30.0%
4 $279.6K$365.1K
+30.6%
5+ $300.2K$386.6K
+28.8%

Median Sold Price Compared To Nearby Cities

Alva
+41.3%
Fort Myers Shores
+31.6%
Lehigh Acres
+29.2%
Estero
+28.6%
Fort Myers
+25.8%

How many homes are available in Lehigh Acres, FL?

Number of Homes For Sale

May 2022Jun 2022%
1,4261,262-11.5%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 67
+16.7%
2 236194
-17.8%
3 789713
-9.6%
4 314276
-12.1%
5+ 8172
-11.1%

Number of Homes Sold

May 2022Jun 2022%
418346-17.2%

Asking Price vs. Sold Price

108 Homes Were Sold
Under Asking

82 Homes Were Sold
At Asking

156 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lehigh Acres, you could pay more than the asking price. 45.1% of homes here sold above asking price last month.

Average Sale Time

Jun 2021Jun 2022%
19 Days15 Days-23.3%

Breakdown of Home Sale Times

298 Homes Were Sold
Under 30 Days

43 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lehigh Acres are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Lehigh Acres, FL

Homes for sale in Lehigh Acres, FL have reached 1,262. The number of homes for sale in Lehigh Acres, FL decreased by 11.5% between May 2022 and June 2022. The median list price of listings available in June 2022 was $305,963, while the average time on the real estate market was 15 days. From May 2022 through June 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 37.1%, 2 bedrooms properties prices increased by 33.3%, 3 bedrooms properties became 30% more expensive, prices of 4 bedrooms properties increased by 30.6%, 5 bedrooms properties prices increased by 28.8%. Volume of homes for sale changed: 1 bedroom homes inventory increased by 16.7%, 2 bedrooms homes inventory decreased by 17.8%, 3 bedrooms homes became 9.6% less available, number of 4 bedrooms homes decreased by 12.1%, 5 bedrooms homes inventory decreased by 11.1%. Lehigh Acres, FL housing market in June 2022 saw over 156 listings sold above listed price, more than 82 sold at listed price and over 108 sold below.

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