Lee Farms
Homes for Sale in Crestview, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
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).

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.
The setting & the homes.
Aerial and on-site photos of Lee Farms. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Photos from Emerald Coast MLS listings in Lee Farms; content deemed reliable but not guaranteed.
Who Lee Farms is best for.
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
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level Emerald Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($225K) IS the median in the snapshot above.
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.
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.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Okaloosa County scorecard.
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
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.
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.
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 · 53 daysTop listing
Active · 102 days
Pending · 25 days
Pending · 21 daysActive 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.
Lee Farms on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Emerald Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- 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.
The Lee Farms buying strategy.
If we were buying in Lee Farms 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 Farms.
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.
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.
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 Farms 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 Farms sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lee Farms, 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 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 →
Frequently Asked Questions
What is the median home price in Lee Farms?
How long do homes in Lee Farms take to sell?
Who is the best real estate agent for Lee Farms?
How do I find a top Crestview real estate agent who knows Lee Farms?
Can Momentum Realty connect me with an agent for Lee Farms?
Should you buy in Lee Farms?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Lee Farms with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: July 25, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-08 |
| Historical depth | Closed-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 →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how LEE FARMS PH II fits the bigger picture — live prices, inventory, and Momentum Scores:
