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Housing in Lee Acres

18 homes sold in Lee Acres in the last year, at a typical $472K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Lee Acres homes are listed.

Homes sold
18
May 2025 to April 2026
Typical sale price
$472K
median, weighted by sales
Price per square foot
$194
New Mexico $219
For sale now
3
April 2026 · 2 sold that month
What sold · last 12 months

Houses are 100% of Lee Acres’ sales, at a typical $472K

18 homes sold in the year to April 2026.

Houses$472K

typical sale · 18 sold in 12 months

Per square foot
$194NM $213
Days to sell
58
Sold over asking
0%
Listings with a price cut
38%
4 years of sales

About as many homes sell as usual, at 2.4 times the 2020 price

18 sales in the last year, against 24 in 2022 and a low of 16 in 2024. The typical sale went from $201K in 2020 to $472K.

Homes soldTypical sale price
012253750$200K$300K$400K$500K2020: 21 sold, typical $201K’202022: 24 sold, typical $349K2024: 16 sold, typical $361K’242025: 18 sold, typical $458KLast 12 months: 18 sold, typical $472KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $450K buys in Lee Acres

Houseat $194 a sq ft
The same money in New Mexicoat $213 a sq ft

Is this asking price fair?

Check a listing against what Lee Acres homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Lee Acres home costs about $2,733 a month

Mortgage
Property tax
Insurance
Rent

Price: Lee Acres’ typical sale, last 12 months. Property tax at Lee Acres’ 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lee Acres is affordable on local pay is on Cost of living.

Before you buy in Lee Acres

Five things worth knowing

0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $472K home, about $3,250 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Lee Acres, from test results, graduation and how much students grow.

Schools in Lee Acres
20 min

Typical commute

The average one-way trip to work for people who live in Lee Acres.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Lee Acres, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lee Acres. People who follow the town see it, and so do people comparing Lee Acres with their own town. No commission, no listing fee.

Questions about buying a home in Lee Acres

What do homes sell for in Lee Acres, NM?

18 homes sold in the year to April 2026 at a typical $472K, $194 a square foot.

Is Lee Acres a buyer’s or seller’s market?

A seller’s market: 3 homes were for sale in April 2026 and 2 sold, about 1.5 months of supply., and 38% of listings cut their price.

How much are property taxes in Lee Acres?

About 0.7% of a home’s value a year. On a $472K home that’s near $3,250.

Where can I see homes for sale in Lee Acres?

Zillow, Redfin, Realtor.com and Homes.com all carry Lee Acres’ MLS listings; the search links above open each one filtered to Lee Acres.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).