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Lee County, NC

RANK #587 / 1001 NAT  ·  #27 / 51 NC  ·  POP 65,816

1YR FORECAST: -1.0%

5YR OUTLOOK: +17%

Lee County's housing market is projected to grow -1.0% over the next year, below the national average.

[01] Why Lee County?

Lee County, North Carolina, is known as the "brick making capital" of the United States, with Sanford, the county seat, historically producing more bricks than any other U.S. city. Located in the state's Piedmont region, Lee County sits about 40 miles southwest of Raleigh, making commutes to the larger city feasible for residents. The community offers a blend of small-town living with access to natural amenities, including San-Lee Park, which provides hiking, biking, and kayaking opportunities across its 177 acres. The Deep River, forming the county's northern boundary, also offers scenic areas and historical sites like the Deep River Camelback Truss Bridge.

Life in Lee County often appeals to families and young professionals, with a majority of residents owning their homes. The public school system is considered above average, with institutions like Lee Early College and Tramway Elementary School ranking highly. Recent economic growth in the county is driven by significant investments in manufacturing and data centers in the surrounding region, creating new job opportunities and increasing demand for housing. The County of Lee Transit System (COLTS) and the new Buzzline microtransit service provide on-demand transportation options for residents.

MARKET PROFILE

Idiosyncratic Markets

Lee County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +0.1% YoY, population +1.9%, wages +3.4%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
9.6x

Overvalued relative to economy

Home Prices
+0.1%

Well below national median

Climate & Terrain
-0.7

Below-average climate & terrain

Price/Rent
12x

Strong rental yield

Housing looks overvalued at 9.6x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Lee County Schools Education
    1,000+
  2. 2
    Caterpillar Inc. Manufacturing
  3. 3
    Pilgrim's Pride Corporation Manufacturing
    500+
  4. 4
    Pentair Water Pool & Spa Inc. Manufacturing
  5. 5
    Kelly Services Inc. Other
  6. 6
    Coty LLC Manufacturing
    250+
  7. 7
    County of Lee Government
  8. 8
    Tyson Mexican Original Inc. Manufacturing
  9. 9
    Bear Creek Arsenal Manufacturing
  10. 10
    Central Carolina Hospital Healthcare

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Lee County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
65,816
+1.94% YoY
Median Household Income
$65,387
Median Home Value
$240,200
+0.12% 12mo
Median Rent
$1,017
Average Annual Pay
$60,057
+3.4% YoY
Employment
27,415
-0.9% YoY
Income-to-Home-Value
0.2722
More affordable than average
Migration Inflow
3.92%
of pop. from another state
Bachelor's Degree+
21.3%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$323,710
Days on Market
53
Moderate pace
Months of Supply
3.5
Balanced market
Sale-to-List Ratio
98.2%
Near asking price
Sold Above List
11.8%
Listings w/ Price Drops
41.4%
Building Permits (2025)
674
Single-Family Permits
674

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
9.6
per 100K · nat avg 6.5
Firearm Fatalities
18.7
per 100K · nat avg 13.4
Injury Deaths
112.6
per 100K · nat avg 83.6
vs National Average
Above national avg
based on homicide rate
10-Year Trend
Stable since 2015
homicide rate, 2015 → 2025

Source: Homicide rates from CDC/NCHS vital-statistics mortality data — a multi-year average that stabilizes counts in smaller counties — compiled in the County Health Rankings 2025 release. Rates per 100,000 population; U.S. average ≈ 6.5. Grade reflects homicide rate relative to the national average. Learn more →

See where Lee County stands nationally: safest large counties in America · highest homicide-rate counties.

[06] Capital Investment

$1,209M
TOTAL
PROJECT AMOUNT STATUS
Deep River Data AI Data Center (Proposed)
Deep River Data
$500M Proposed
Pfizer Expansion
Pfizer
$500M Completed
Audentes Therapeutics Investment
Audentes Therapeutics
$109M Completed
Adams Village Commercial Project
To be determined (developer)
$50M Proposed
Midtown Village East (Mixed-Use Development)
To be determined (developer)
$50M Proposed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[07] Score Breakdown

Population Growth +1.9% 86 percentile
Income Growth +3.7% 73 percentile
Vacancy Rate 1.2% 33 percentile
Home Price Change +0.1% 22 percentile
Rent Growth +1.1% 15 percentile
Price/Rent 12x 90 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

Is Lee County, NC a good place to move to?

Lee County scores 41/100 on the Boom Town Index, landing in the middle of the pack among 1001 U.S. counties (#587). Median household income is $65,387 and job growth is running at -0.9%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Lee County affordable?

Housing in Lee County is roughly in line with national affordability norms. The median home costs $240,200 and the income-to-home-value ratio sits at 0.27, with rents averaging $1,017/month. Not a bargain, but not a stretch for most local earners either.

Is Lee County growing or shrinking?

Lee County's population is growing — up +1.9% YoY — while the job market is roughly flat (employment change of -0.9%). Home values shifted +0.1% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Lee County?

There's a moderate stream of newcomers. About 3.92% of residents moved from another state, which is above average and suggests Lee County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

New Hanover County, NC 41 Forsyth County, NC 40 Johnston County, NC 37 Pitt County, NC 35 Union County, NC 34 Cabarrus County, NC 32 Blue Earth County, MN 41 Lincoln County, OR 41