Is Leesburg, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Leesburg has remained a Seller's Market.
Housing Prices in Leesburg, FL
How much do homes in Leesburg, FL cost?
Median Sold Price
$298,420
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Leesburg was $298,420 in April 2024, up 0.1% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $73.5K | $86.2K | +17.3% |
2 Bedrooms | $218.2K | $225.2K | +3.2% |
3 Bedrooms | $309.7K | $309.9K | 0.1% |
4 Bedrooms | $361.3K | $360K | -0.4% |
5+ Bedrooms | $470K | $389K | -17.2% |
Summary: Leesburg housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.3%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes decreased by 17.2%.
Median Sold Price Compared To Nearby Cities
Sumterville | $347.5K | $400K | +15.1% |
Fruitland Park | $320K | $340K | +6.3% |
Leesburg | $298K | $298.4K | 0.1% |
Howey-in-the-Hills-Okahumpka | $335K | $325K | -3.0% |
Fruitland Park-Lady Lake | $319.5K | $289.7K | -9.3% |
Housing Supply in Leesburg, FL
How many homes are available in Leesburg, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
569 | 559 | -1.8% |
Summary: The Leesburg real estate market had 559 homes for sale in April 2024, a 1.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 201 | 191 | -5.0% |
3 Bedrooms | 290 | 285 | -1.7% |
4 Bedrooms | 58 | 63 | +8.6% |
5+ Bedrooms | 19 | 18 | -5.3% |
Summary: The Leesburg housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes decreased by 5.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
101 | 111 | +9.9% |
Asking Price vs. Sold Price
76 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 111 homes were sold or pending in Leesburg in April 2024, up by 9.9% month-over-month. Of the 111 sold homes, 68% were sold under asking, 19% were sold at asking, and 13% were sold over asking.
Days on Market for Leesburg, FL
How long does it take to sell a home in Leesburg, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 63 Days | +35.6% |
Summary: Homes in Leesburg had an average of 63 days on market in Apr 2024, up by 35.6% compared to last year.
Breakdown of Home Sale Times
48 Homes Were Sold
Under 30 Days
32 Homes Were Sold
In 30 - 90 Days
31 Homes Were Sold
Over 90 Days
Summary: During April 2024, 111 homes were sold in Leesburg; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.