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Lee Mont

Learn about the people, housing, costs and businesses in Lee Mont, Virginia

Median Home$190,786
Median Rent$942/month
Population109
Leading IndustriesRetail · Construction · Agriculture & Mining18% retail
Home Value Growth⬆⬆⬆+28.9% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners67% of occupied units
Lee Mont
VA

Frequently Asked Questions

What are today's mortgage rates in Lee Mont?

As of today, the 30-year fixed mortgage rate for Lee Mont is approximately 6.900% (6.936% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Lee Mont?

The median home value in Lee Mont is $191k. The median monthly rent is $942. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lee Mont?

Home values in Lee Mont have increased 28.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Lee Mont?

Based on a typical all-in ownership cost of $873/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lee Mont is $58k/year.

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What industries drive the economy in Lee Mont?

The largest employment sectors in Lee Mont are public administration (24%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.