Lee Farm
Homes for Sale in Crestview, FL
All 425 homes for sale in Crestview, FL · median $329,000 · 167 homes for sale in 32536 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 50 closed sales in Lee Farm Ph I in Crestview, FL since 2005, the most recent in December 2020. Across Crestview as a whole, 571 homes closed in the last 12 months at a median of $321,973, 71 median days on market, with 184 homes for sale today. At that median and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $4,150 ($3,640 with the full homestead exemption).
| Location | Crestview, Okaloosa County, FL · ZIP 32536, 32539 |
|---|---|
| Homes in the community | 86 (FL DOR 2025 assessment roll) |
| Years built | 2005–2007 (median 2005.0) |
| Typical living area | 2,694 sq ft (median) |
| Owner-occupied (homestead) share | 77% |
Data as of September 20, 2026. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “LEE FARM PH I key facts,” movewithmomentum.com/neighborhoods/lee-farm-ph-i, data as of September 20, 2026.
Lee Farm Ph I is a tight, built-out pocket in Crestview — 94 homes, all raised in a short window from 2005 to 2007. When the housing stock is that uniform, floor plan and vintage do less to separate one sale from the next; condition and updates carry the pricing. A median living area right around 2,690 square feet tells you this is a subdivision of substantial single-family homes, not a starter grid, and that scale is part of what the market pays for here.
With no closings in the current window, there is no fresh comp to anchor a number, so both sides should price off condition and the broader Crestview trend rather than assume a recent sale sets the bar. A homestead share near 78% points to a stable, owner-occupied core, which usually means measured turnover and fewer listings competing at once — a seller with an updated home has room to hold a position, and a buyer should expect to move on the right one rather than wait for a wave of inventory.
Nearby homes for sale
No active listings inside LEE FARM PH I right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
This is a mid-2000s, owner-occupied subdivision of larger single-family homes in Crestview, where the spread between listings comes down to how each house has been maintained and updated rather than differences in age or size.
Emerald Coast MLS sales records identify 33 homes in LEE FARM that have changed hands since 2005, built between 2005 and 2014 (median 2005), with a median living area of about 2,173 sq ft and a typical 4-bedroom, 2-bath layout; 100% are single-family homes. Source: Emerald Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
County records show 7 qualified sales in LEE FARM across 2024–2025 (3 in 2024, 4 in 2025), median $327,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Lee Farm is best for.
Best for
- Buyers who want more square footage and are prepared to pay for a home that has been kept current
- Long-hold owner-occupants who value a stable, low-turnover subdivision over rapid resale churn
- Value-minded buyers willing to take on a home that needs updates in exchange for a lower entry
Probably not for
- Buyers whose budget assumes amenity-driven value like a pool, gym, or clubhouse
- Buyers who want brand-new construction and current-code systems out of the box
- Buyers who need a firm recent comp before they will commit to a number
The market around Lee Farm
Lee Farm is too small for its own price trend, so here is the market around it.
In ZIP 32536, 257 homes are on the market and 32% are under contract — a fast-moving corner of Crestview.
Across Okaloosa County, 1,890 homes are active and 551 pending (23% under contract).
In ZIP 32536 (Crestview), 425 homes closed in the last 12 months at a median of $322K, up 3.9% year over year, with a median 73 days on market. Right now 122 active and 57 pending listings put supply at about 3.9 months — a balanced market. See the live ZIP 32536 housing market and the Okaloosa County market.
ZIP and county figures describe the wider market, not Lee Farm specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in LEE FARM PH I, Crestview
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
The Lee Farm buying strategy.
If we were buying in Lee Farm today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Lee Farm.
A uniform build where condition decides
Because every home here went up within a three-year stretch, the mechanical and cosmetic clock ran on roughly the same schedule community-wide. Roofs, HVAC systems, and water heaters from that era are at or past the point where replacement matters, so the practical question in Lee Farm Ph I is not how old the neighborhood is but how much a given owner has reinvested. Two houses of similar size can sit far apart on price for exactly that reason.
No community amenities show up in current MLS listings, so you are buying the house and the location, not a pool or clubhouse structure. That keeps carrying costs simpler and puts the full weight of value on the home itself. For buyers, that means a close read of what has been updated; for sellers, it means documented improvements are the clearest way to justify where you list.
The location and the amenities are priced into every listing in Lee Farm. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
With no recent closing to lean on, pricing this community takes local judgment — reading condition, updates, and the wider Crestview trend rather than parroting a stale comp. That is the work we do house by house, whether we are helping you position a listing or deciding what to offer on an owner-occupied home that does not come up often.
Lee Farm in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Lee Farm buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Lee Farm sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lee Farm, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Lee Farm home worth?
Get a no-obligation home value based on real comparable sales in Lee Farm, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
How many homes are in Lee Farm?
What share of Lee Farm is owner-occupied?
When were the homes in Lee Farm built?
Who is the best real estate agent for Lee Farm?
How do I find a top Crestview real estate agent who knows Lee Farm?
Can Momentum Realty connect me with an agent for Lee Farm?
Where is Lee Farm, and what county is it in?
Should you buy in Lee Farm?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32536/32539)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2005 (50 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Emerald Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Emerald Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.
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