Is Leesburg, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
At the same time last year, Leesburg was a Seller's Market.
Key Takeaway
Leesburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in Leesburg, FL cost?
Median Sold Price
$261,500
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
+$39,550(+17.8%)
Key Takeaway
Homes in Leesburg have sold for 17.8% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jan 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | $71K | $72K | +1.4% |
| 2 Bedrooms | $146K | $195K | +33.6% |
| 3 Bedrooms | $239.9K | $287.9K | +20.0% |
| 4 Bedrooms | $275K | $340K | +23.6% |
| 5+ Bedrooms | $395K | $488.5K | +23.7% |
Median Sold Price Compared To Nearby Cities
| Fruitland Park-Lady Lake | $266.2K | $325.4K | +22.2% |
| Howey-in-the-Hills-Okahumpka | $279.9K | $332.8K | +18.9% |
| Leesburg | $221.9K | $261.5K | +17.8% |
| Fruitland Park | $295K | $326K | +10.5% |
How many homes are available in Leesburg, FL?
Number of Homes For Sale
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 105 | 116 | +10.5% |
Homes For Sale By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 22 | 26 | +18.2% |
| 3 Bedrooms | 55 | 65 | +18.2% |
| 4 Bedrooms | 22 | 19 | -13.6% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Number of Homes Sold
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 21 | 12 | -42.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Leesburg, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Average Sale Time
| Jan 2022 | Jan 2023 | % |
|---|---|---|
| 18 Days | 37 Days | +96.9% |
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Leesburg are selling fast, if you're buying plan to act quickly.
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