Lee Farms in Crestview

Lee Farms
Homes for Sale in Crestview, FL

Community in Crestview · Okaloosa County · ZIP 32536
Median sale $225K
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Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS data18 years of closingsUpdated twice daily

As of September 2026, Lee Farms Ph Ii in Crestview, FL has 2 homes for sale. Over the 12 months ending 2026-09-12, 3 recorded sales closed at a median of $225,000, a median 21 days on market, sellers accepting 97% of original asking. Homes listed or recently sold were built 2007–2009; none of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 179 ft). At the median price and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $2,900 ($2,390 with the full homestead exemption).

Live · Lee Farms Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$225K
Median sold · 12 mo
97.1%
Sale vs ask
Okaloosa median: 96.7%
Tempo
21days
Median DOM · closed
3 days at the 2020 low
50%
Under contract
Okaloosa: 25% (765 of 3,030)
2 · 2
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 3 a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by the house, not the address. Lee Farms Ph II spans a build range from 1969 to 2024, with the median home dating to 2007, so what you pay tracks condition, updates, and size far more than any single vintage. With a median around 2,408 square feet, these are mid-sized homes, and the spread between a dated original and a renovated or newer build is where the real price variation lives.

The market posture is thin and quiet: two active listings against 262 homes, with only two closings in the recent window. That means limited comparable data and limited choice. For sellers, correctly reading condition against the few recent sales matters more than list-price optimism. For buyers, when something in the right size and shape appears, you move on it rather than waiting for a deep bench of alternatives.

The 60-Second Overview

Lee Farms market snapshot (as of September 12, 2026): the median sale price is about $225K, and a median 21 days on market for closed sales.

Lee Farms Ph II is an established Crestview community of 262 homes with a wide age range, meaning inventory quality varies lot to lot. A homestead share around 70% points to a largely owner-occupied setting rather than a rental-heavy one.

Best for

  • Buyers seeking a mid-sized home around 2,400 square feet in an established, owner-occupied setting
  • Patient buyers willing to wait for the right listing in a low-turnover community
  • Buyers comfortable evaluating condition and updates rather than shopping a single vintage

Probably not for

  • Buyers who need many options on the market at once
  • Those wanting structured community amenities, since none are identified from current listings
  • Buyers seeking uniform, newer-only construction across the neighborhood

Windows contain 1 to 7 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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.

Median sale price · trailing 12 mo
$200K$250K$300K20122014201620182020202220242026
Median days on market · closed sales
020406020122014201620182020202220242026
3 days at the 2020 low; 21 now.
Sale price vs original ask · median
95%100%105%20122014201620182020202220242026
97.1% now vs Okaloosa 96.7%.
Homes sold per 12-mo window
024620122014201620182020202220242026
1 to 7 a year; 3 in the current window.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Okaloosa County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,235/mo
Okaloosa County typical true cost to own
$220/mo
Okaloosa County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

LEE FARMS PH II Market Scorecard

Thin data

LEE FARMS PH II is currently a thin data market. Limited supply, a median asking price of $317,500, and homes go under contract in about 78 days.

n/a
Months supply
$317,500
Median list
n/a
Median sold
n/a
Per sqft
78
Days on mkt
2/2/0
Active/Pend/Sold

Typical home value in the 32536 ZIP is $295,931, about 28.3% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in LEE FARMS PH II, Crestview

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 11 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-09-11)

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.

Homes For Sale Right Now in Lee Farms

Live MLS inventory for Lee Farms. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Lee Farms listings as of 2026-07-25, priced high to low. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Tap any home to ask about it.

Listing locations from Emerald Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Okaloosa County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Northwood · Elementary
  • Davidson · Middle
  • Crestview · High

Zoned schools reflect the assignments reported on recent Lee Farms listings and can change; always confirm with Okaloosa County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Lee Farms address.

If we were buying in Lee Farms today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Farms.

Best Buy
Buyers who want a mid-sized home in an established, largely owner-occupied Crestview community.
Biggest Risk
Thin inventory and few recent closings make pricing and comparison harder.
Sweet Spot
A well-updated home near the 2,408 sqft median that clears inspection cleanly.
Avoid If
You need selection now or built-in community amenities to justify the buy.

A condition-driven market with a long build history

The build range stretching from 1969 to 2024 is the headline fact. A community this varied does not price on a single formula — an original older home and a recently completed one can sit blocks apart, and the median build year of 2007 tells you the stock leans toward the newer half of that span without being uniform. Diligence on roof, systems, and updates is where buyers protect themselves.

At a median near 2,408 square feet, floor plans here are generous enough to work for a range of layouts. With homestead occupancy around 70%, this reads as an owner-held community, which typically means homes are maintained to live in rather than to flip. The trade-off is turnover: with only two homes active and two recent closings, opportunities are episodic, and timing matters.

The location and the amenities are priced into every listing in Lee Farms. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a low-turnover community with a wide age range, the median list price tells you little on its own — condition sets the number, and thin recent data means comps must be read carefully. We help sellers position against the handful of relevant sales and help buyers judge whether a given home's updates justify its ask, so you act with conviction when the right listing surfaces.

Lee Farms in 15 seconds.

Best forBuyers who want a mid-sized home in an established, largely owner-occupied Crestview community.
Biggest advantageA long build range means real choice in vintage and condition when inventory appears.
Biggest riskThin inventory and few recent closings make pricing and comparison harder.
Sweet spotA well-updated home near the 2,408 sqft median that clears inspection cleanly.
Avoid ifYou need selection now or built-in community amenities to justify the buy.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Lee Farms sales matched to your home.

What is your Lee Farms home worth?

Get a no-obligation home value based on real comparable sales in Lee Farms, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Lee Farms on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Lee Farms?
The median sale price in Lee Farms was $225K over the 12 months ending September 12, 2026 (3 closed sales, Emerald Coast MLS).
How long do homes in Lee Farms take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 21 days on market (3 sales, Emerald Coast MLS).
Who is the best real estate agent for Lee Farms?
The best agent for Lee Farms is one who actively works Crestview and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Lee Farms.
How do I find a top Crestview real estate agent who knows Lee Farms?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Lee Farms and the wider Crestview area.
Can Momentum Realty connect me with an agent for Lee Farms?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Lee Farms purchase or sale - no call center and no pressure.
Buyers seeking a mid-sized home around 2,400 square feet in an established, owner-occupied settingExcellent fit
Patient buyers willing to wait for the right listing in a low-turnover communityExcellent fit
Buyers comfortable evaluating condition and updates rather than shopping a single vintageExcellent fit
Buyers who need many options on the market at onceProbably not
Those wanting structured community amenities, since none are identified from current listingsProbably not
Buyers seeking uniform, newer-only construction across the neighborhoodProbably not

Nearby Communities

Explore more neighborhoods near Lee Farms with Momentum Realty’s local guides.

LFLee Farms Ph Iii0.2 mi awayKLKennedy Lakes 1St Addn0.2 mi awayLHLeon Heights0.3 mi awayLFLee Farm0.3 mi awayLOLiberty Oaks S D0.3 mi awayLOLiberty Oaks (Okaloosa)0.3 mi awayLFLee Farm Ph I0.4 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsEmerald Coast MLS, refreshed twice daily (last: July 25, 2026)
Community market statsEmerald Coast MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesEmerald Coast MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2008 (73 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.

Looking to buy here? Search homes for sale →

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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

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CallFree valuation →
Thinking of selling in LEE FARMS PH II? 3 recorded closings; median 21 days on market (window ending 2026-09-12). See the Okaloosa County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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