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Featured local agent — Leonard, TX
Sarah Mitchell
Compass Real Estate · Leonard, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Leonard, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$234,990median sale price
How is the Leonard, TX housing market right now?
The median home sale price in Leonard, TX is $234,990, down 21.7% year-over-year. Homes sell in an average of 135 days with 24 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Leonard a buyer's or seller's market?
Leonard, TX is currently a buyer's market, based on 6.0 months of supply and homes selling in about 135 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
135
Average pace
Active listings
24
6.0 months supply
Sale-to-list
98.1%
Below asking
What does the Leonard housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $234,990 |
| Year-over-year price change | -21.7% |
| Average days on market | 135 days |
| Active inventory | 24 listings |
| Months of supply | 6.0 months |
| Sale-to-list price ratio | 98.1% |
| Median price per sq ft | $168/sq ft |
| Homes sold (latest month) | 4 |
| Listings with a price cut | 62.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Leonard by property type?
How the Leonard, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $234,990 | $168/sq ft | 4 | 135 days |
Source: Redfin · Updated monthly
The Leonard housing market is currently classified as a buyer's market with a median sale price of $234,990. Prices have fallen 21.7% compared to last year, with homes spending an average of 135 days on market, indicating 6.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 6.9x provides context for how home values compare to local earning capacity.
Homes for sale in Leonard
There are currently 24 homes listed for sale in Leonard, Texas.
Active listings
24
Homes on market
Avg. days on market
135
Days until sale
Who lives in Leonard?
Population
2,468
Median income
$54,921/yr
Median age
35.5 years
Owner-occupied
65.9%
College grads
8.3%
Avg commute
35.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Leonard?
Zillow home value
$380,244
Price-to-income
6.9x
Source: Zillow Research
What is it like to live in Leonard?
Leonard is a community of approximately 2K residents with a median age of 35.5 years.The median household income is $54,921, which represents a working-class community with solid middle-income opportunities. 8.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 65.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 35.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Leonard offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Leonard?
4 schools tracked · 814 students
The largest public schools serving Leonard, TX 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.
LEONARD H S
Grades 9-12 · 255 students
LEONARD EL
Grades PK-3 · 238 students
LEONARD J H
Grades 6-8 · 215 students
LEONARD INT
Grades 4-5 · 106 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 Leonard, TX?
Want a head-to-head view? Compare Leonard side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Leonard?
The median home sale price in Leonard is $234,990, down 21.7% from last year.
How long do homes stay on market in Leonard?
Homes typically spend 135 days on market before going under contract.
What is the median income in Leonard?
The median household income is $54,921 per year.
Is Leonard a buyer's or seller's market?
With 6.0 months of supply, Leonard is currently a buyer's market.
What is the Zillow home value estimate for Leonard?
The Zillow Home Value Index (ZHVI) for Leonard is $380,244, representing the typical home value in the area.
How much does a single-family home cost in Leonard?
The median single-family home price in Leonard, TX is $234,990 (about $168 per square foot).
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