New Listing
10
$59,900
143 Landing Dr
Leesburg, FL 34748
3 bd2 ba1,152 sqft$52/ft²
Mobile home
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Compass Real Estate · Leesburg, FL
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Leesburg, FL Housing Market
Buyer's market-4.6% YoY
Zillow, July 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly
The typical home in Leesburg, FL is worth $275,814, fell 4.6% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $339,495, +11.1% year over year (through May 2026). With 5.1 months of supply and homes going under contract in about 83 days, Leesburg is a buyer's market. At today's 6.66% 30-year fixed rate, 20% down on a $275,814 home is about $1,418/mo in principal and interest.
Key numbers for Leesburg, FL
Typical home value
$275,814
-4.6% in 12 months
Zillow, July 2026
Typical asking rent
$1,734/mo
Zillow Observed Rent Index
Zillow, July 2026
Median sale price
$339,495
+11.1% year over year
Redfin, through May 2026
Days on market
83
Slow-moving
Redfin, through May 2026
Active listings
238
5.1 months of supply
Redfin, through May 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$47,506
Home costs 5.8x income
U.S. Census ACS, 2023
Sale-to-list ratio
97.8%
Selling below asking
Redfin, through May 2026
Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Leesburg a buyer's or seller's market?
Buyer's market5.1 months of supply83 days on market97.8% of asking
Leesburg, FL is a buyer's market, based on 5.1 months of supply and homes selling in about 83 days. Above 5 months of supply, homes start accumulating faster than they clear, which is where buyers gain leverage on price, repairs, and closing costs.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Leesburg housing market data show?
Every row below is Redfin's final published month for Leesburg, FL. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $339,495 |
| Median list price | $324,990 |
| Year-over-year price change | +11.1% |
| Median price per sq ft | $173/sq ft |
| Median days on market | 83 days |
| Active inventory | 238 listings |
| Months of supply | 5.1 months |
| Sale-to-list price ratio | 97.8% |
| Homes sold (that month) | 47 |
| New listings (that month) | 71 |
| Listings with a price cut | 30.3% |
| Market condition | Buyer's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Leesburg is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Leesburg is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Leesburg home prices moved?
Over the last three years the median sale price in Leesburg, FL rose 16.9%, from $290,423 to $339,495. The live Zillow value series has fell 4.6% in the last 12 months, which is the more current read now that Redfin's series has stopped. 30.3% of Leesburg listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 5.1 months while the sale-to-list ratio slips below its current 97.8%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Leesburg?
Priced off the typical home value of $275,814 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $55,163 | $220,651 | $1,418/mo |
| 5% | $13,791 | $262,023 | $1,684/mo |
Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,418, that implies roughly $60,770 a year before you add taxes and insurance. The median household in Leesburg earns $47,506, about $13,264 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.8x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Leesburg in the next 12 months?
Tell us your timeline. We send the Leesburg market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Leesburg?
Typical asking rent in Leesburg, FL is $1,734/mo, against a typical home value of $275,814. That is a price-to-rent ratio of 13.3x, which means buying tends to beat renting on monthly cost over a typical hold. Compared head to head, 20% down puts principal and interest at $1,418 a month — $316 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.
Zillow, July 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Leesburg?
Active listings in Leesburg, FL went from 248 in May 2025 to 238 in May 2026, a -4.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 270 | 72 |
| July 2025 | 260 | 59 |
| August 2025 | 268 | 73 |
| September 2025 | 258 | 67 |
| October 2025 | 264 | 73 |
| November 2025 | 263 | 50 |
| December 2025 | 249 | 36 |
| January 2026 | 244 | 50 |
| February 2026 | 255 | 71 |
| March 2026 | 230 | 68 |
| April 2026 | 242 | 67 |
| May 2026 | 238 | 71 |
Redfin, through May 2026
How does Leesburg compare to Florida and the U.S.?
Leesburg homes sell for $339,495 — 19% below the Florida median of $421,500. Against the national median of $410,700, Leesburg runs 17% lower. Year-over-year, Leesburg moved +11.1% against Florida's +2.6% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Leesburg, FL | $339,495 | +11.1% | 83 days |
| Florida statewide | $421,500 | +2.6% | 66 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Leesburg
What buyers should watch
- Months of supply, currently 5.1. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 30.3%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $266 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $275,814 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Leesburg listing goes under contract in 83 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 97.8% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Leesburg added 71 new listings against 47 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved -4.6% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Leesburg varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Leesburg
There are currently 238 homes listed for sale in Leesburg, Florida. The median listing price is $325K. Featured listings range from $59,900 to $2,000,000.
New Listing
$69,900
502 Old Colony Rd Unit O502
Leesburg, FL 34748
3 bd2 ba1,456 sqft$48/ft²
Mobile home
View photos & details
New Listing
45
$145,000
2621 Carpenter Pl
Leesburg, FL 34748
2 bd2 ba1,056 sqft$137/ft²
Mobile home6,970 sqft lot
MORRIS REALTY AND INVESTMENTS
View photos & details
New Listing
36
$170,000
105 Orchid Way
Leesburg, FL 34748
2 bd2 ba1,200 sqft$142/ft²
Mobile home6,098 sqft lot
COLDWELL BANKER VANGUARD LIFESTYLE REALTY
View photos & details
New Listing
$184,900
137 E Sterling Way Unit 587
Leesburg, FL 34788
2 bd2 ba1,356 sqft$136/ft²
Mobile home
View photos & details
New Listing
26
$274,900
2212 Nicollett Way
Leesburg, FL 34748
3 bd2 ba1,632 sqft$168/ft²
House6,098 sqft lot
ENTERA REALTY LLC
View photos & details
New Listing
52
$325,000
24530 Parlange Ct
Leesburg, FL 34748
3 bd2 ba1,901 sqft$171/ft²
House9,148 sqft lot
CENTURY 21 MYERS ROSE REALTY
View photos & details
New Listing
10
$375,900
1624 Sterns Dr
Leesburg, FL 34748
4 bd3 ba2,936 sqft$128/ft²
House5,663 sqft lot
MIGHTY REALTY INC
View photos & details
New Listing
32
$385,000
5256 Meadow Song Dr
Leesburg, FL 34762
4 bd2 ba1,928 sqft$200/ft²
House5,663 sqft lot
GRAYBILL REALTY AND ASSOCIATES LLC
View photos & details
New Listing
62
$545,000
2316 N Griffin Dr
Leesburg, FL 34748
2 bd2 ba1,197 sqft$455/ft²
House40,511 sqft lot
PREMIER SOTHEBYS INT'L REALTY
View photos & details
New Listing
26
$799,000
953 Ruhlman Loop
Leesburg, FL 34762
3 bd3 ba1,892 sqft$422/ft²
House
Debra Malinovsky · The Keyes Company
View photos & details
New Listing
93
$2,000,000
2026 Lewis Rd
Leesburg, FL 34748
8 bd4 ba4,450 sqft$449/ft²
Farm3.88 acres
SERHANT
View photos & details
Looking to buy in Leesburg?
Get connected with a local real estate expert — free, no obligation.
Active listings
238
Homes on market
Median list price
$325K
Avg. days on market
83
Days until sale
New this week
71
Newly listed
Price drops:30.3%of listings
Sale-to-list:97.8%
How much do homes cost in Leesburg by property type?
How the Leesburg, FL market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $346,708 | $179/sq ft | 44 | 87 days |
| Condo / co-op | $95,000 | $101/sq ft | 1 | 56 days |
| Townhouse | $129,700 | $106/sq ft | 2 | 73 days |
Who lives in Leesburg?
American Community Survey estimates for Leesburg. U.S. Census ACS, 2023
Population
28,461
Households
12,302
Median income
$47,506/yr
Median age
46.4 years
Owner-occupied
57.9%
Median home value
$214,300
Median gross rent
$1,169/mo
Mean commute
24.8 min
57.9% of occupied homes in Leesburg are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $214,300 against Zillow's $275,814 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,169/mo, below Zillow's $1,734/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Leesburg?
7 schools tracked · 5,684 students
The largest public schools serving Leesburg, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
LEESBURG HIGH SCHOOL
Grades 9-12 · 1,774 students
TREADWAY ELEMENTARY SCHOOL
Grades PK-5 · 893 students
LEESBURG ELEMENTARY SCHOOL
Grades PK-5 · 871 students
CARVER MIDDLE SCHOOL
Grades 6-8 · 724 students
BEVERLY SHORES ELEMENTARY SCHOOL
Grades PK-5 · 616 students
OAK PARK MIDDLE SCHOOL
Grades 6-8 · 558 students
RIMES EARLY LEARNING & LITERACY CENTER
Grades PK-2 · 248 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Leesburg, FL?
Ordered by distance from Leesburg, not by size. Compare Leesburg side by side with any of them.
Which ZIP codes are in Leesburg?
These are the ZIP codes we see on active Leesburg listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Leesburg housing market FAQ
Is Leesburg a buyer's or seller's market?
Leesburg, FL is currently a buyer's market. That read comes from 5.1 months of supply, homes going under contract in about 83 days, and sellers getting 97.8% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Leesburg?
The typical home in Leesburg, FL is worth $275,814 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $339,495, about $173 per square foot.
Is Leesburg cheaper than the rest of Florida?
Leesburg's median sale price of $339,495 is 19% lower than the Florida statewide median of $421,500, and 17% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Leesburg?
Homes in Leesburg, FL spent a median of 83 days on market before going under contract, versus 66 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Leesburg?
At the current 30-year fixed rate of 6.66%, 20% down on a $275,814 home is about $1,418 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $60,770 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $47,506.
Are home prices rising in Leesburg?
The typical home value in Leesburg, FL fell 4.6% over the last 12 months, from $289,083 to $275,814 (Zillow, July 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Leesburg?
Leesburg ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Leesburg?
That depends on your timeline, not on a headline. What the data says today: Leesburg, FL is a buyer's market with 5.1 months of supply, the 30-year fixed rate is 6.66%, and the price-to-rent ratio of 13.3x means buying tends to beat renting on monthly cost over a typical hold. Properties Incorporated publishes the data; it does not give financial advice.
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