Lee Farms
Homes for Sale in Crestview, FL

Lee Farms Ph I is a sizable Crestview community of 276 homes spanning more than five decades of construction, so the through-line is variety of vintage and condition rather than a single cohesive build. With just over 70% homestead occupancy, it reads as a settled, owner-occupied area rather than a rental-heavy one.

Emerald Coast MLS sales records identify 190 homes in LEE FARMS that have changed hands since 2007, built between 2005 and 2024 (median 2009), with a median living area of about 2,169 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 25 qualified sales in LEE FARMS across 2024–2025 (17 in 2024, 8 in 2025), median $325,200 — 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.

Lee Farms 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 Farms specifically. Momentum Research analysis of MLS records.

The defining fact here is the year-built range: 1969 to 2024. That kind of spread means you should shop on the home, not the community average. Systems, roofs, and layouts will vary widely from one property to the next, and the median build year of 2007 tells you the bulk sits in that middle ground — old enough to warrant a real inspection, new enough to avoid the oldest-stock concerns if you choose carefully.

No community amenities show up in the current MLS listings, so pricing rests on the house and the location rather than shared facilities. The homestead share above 70% points to a community held largely by owner-occupants, which tends to mean steadier upkeep and less investor churn than you'd see in a rental-dominated tract.

In a community where build years run from 1969 to 2024, the average number tells you almost nothing — the individual home tells you everything. We price and evaluate each property on its own condition and vintage, so buyers don't overpay for dated stock and sellers of updated homes get positioned against the right comparables rather than the community mean.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.