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Lee County, NC

RANK #71 / 1001 NAT  ·  #5 / 51 NC  ·  POP 65,816

1YR FORECAST: -0.7%

5YR OUTLOOK: +37%

#42 Best for Investment
Our model projects Lee County's housing market to grow -0.7% over the next year, significantly outpacing 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 +0.8% YoY, population +1.9%, wages +3.5%). 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
+0.8%

Well below national median

Climate & Terrain
-0.7

Below-average climate & terrain

Price/Rent
12x

Below national median (15x)

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
+0.8% 12mo
Median Rent
$1,017
Average Annual Pay
$60,119
+3.5% YoY
Employment
27,360
-1.1% 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 6.3
Firearm Fatalities
18.7
per 100K · nat avg 14.8
Injury Deaths
112.6
per 100K · nat avg 76.3
vs National Average
Well above national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[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 +0.8% 36 percentile
Rent Growth +6.1% 86 percentile
Price/Rent 12x 87 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 ranks #71 out of 1001 U.S. counties on the Boom Town Index with a score of 93/100. The composite score reflects long-term strength — housing, income, and migration patterns — but near-term hiring is soft (employment is down 1.1% year-over-year). Median household income here is $65,387.

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 is attracting residents (population +1.9% YoY) even as the job market softens with employment at -1.1%. Housing values changed +0.8% over the past 12 months. People may be moving here for affordability or lifestyle reasons rather than job opportunities.

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

Caldwell County, NC 92 Wilkes County, NC 95 Rutherford County, NC 90 Wayne County, NC 90 Lenoir County, NC 98 Surry County, NC 88 Newton County, MO 93 Anderson County, TX 93