As March unfolds, it’s the perfect time to reflect on the real estate trends that shaped February in Lee County. The February 2026 Residential Report offers a comprehensive look at market dynamics across Lee County, Auburn and Opelika, revealing interesting shifts in inventory, sales and pricing. Let’s delve into each key trend and explore what they mean for the months ahead.
Inventory was up.
In February 2026, Lee County saw a notable increase in home listings, up 10.2% compared to the previous year, totaling 671 homes. Auburn experienced an even larger rise, with a 16.6% increase to 351 listings, while Opelika followed closely with a 14.8% increase to 240 listings.
This surge in inventory suggests a possible shift among homeowners, driven by rising property values or a desire to capitalize on the current market conditions. More specifically, this trend may lead to greater buyer selection as market activity picks up.
There was a decline in the number of properties sold across the board.
Despite the increase in listings, the number of properties sold in Lee County decreased by 15.9%, from 151 in February 2025 to 127 in February 2026. Auburn and Opelika experienced sharper declines: 18.7% (from 75 to 61) and 25% (from 56 to 42), respectively.
This trend could indicate a shift in buyer behavior or align with typical real estate trends in our area mid-winter. What’s more, the decline in sales might create opportunities for buyers to negotiate better deals as the market adjusts.
Days on the market fluctuated.
The average days on the market decreased across Lee County, with homes spending 74 days on the market, a 5.1% reduction from the previous February. Auburn saw a 7.2% drop from 83 days in 2025 to 77 days in 2026, and Opelika experienced a 6.5% decrease, from 77 days to 72 days.
To clarify, homes selling faster could signal increased competition among buyers, so working with an experienced local Realtor this spring can give you an edge.
Average sold prices rose.
The average sold price in Lee County rose 10.2%, reaching $438,141 in February 2026, up from $397,523 in February 2025. Auburn and Opelika also saw significant increases.
More specifically, Auburn’s average price rose 7.5% to $493,605 last month, up from $458,969 in 2025. Opelika’s surged by 13.8% to $381,561 in February 2026, whereas the average sold price in February 2025 was $335,378.
These rising prices reflect strong demand and limited supply, suggesting a competitive market. Moving forward, this trend may continue, encouraging more homeowners to list their properties.
Auburn condos remain a dynamic market.
The Auburn condo market experienced a remarkable transformation, with listings up by 23.8% and sales soaring by 145.5%. Listings jumped from 42 in February 2025 to 52 this February, an increase of 10.
Moreover, the number of condos sold increased by 16 transactions, jumping from just 11 in February 2025 to 27 last month!
Finally, according to Lee County’s February 2026 Residential Report, the average sold price increased by 25.2% to $355,492. That’s $71,574 more than the average sold price of $283,918 in February 2025. And the average days on the market dropped by 17.9% from 39 days to 32.
Summary
Lee County’s February 2026 Residential Report paints an active, evolving picture of the real estate market in the area. With inventory and prices rising, the months ahead could see heightened competition among buyers and a potential stabilization in sales activity.
If you have questions about the current state of our thriving real estate market, reach out to your local expert and REALTOR Ryan Roberts. For more real estate trends and community news, keep reading our blogs.
