$1,508 Closing Credit*
$127,000
938 SqFt
2 Beds
•2 Full Baths
Gina Battaglia, Listing Office: RE/MAX PREMIER REALTY
Is Leesburg, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
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.
Housing Prices in Leesburg, FL
How much do homes in Leesburg, FL cost?
Median Sold Price
$299,918
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$168(-0.1%)
Key Takeaway
The sold price of homes in Leesburg has remained the same since last year.
Summary: The median home sold price in Leesburg was $299,918 in November 2024, down 0.1% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $77.5K | $87.5K | +12.9% |
| 2 Bedrooms | $223.3K | $245K | +9.7% |
| 3 Bedrooms | $307.8K | $310K | +0.7% |
| 4 Bedrooms | $357.7K | $362.9K | +1.4% |
| 5+ Bedrooms | $399K | $410K | +2.7% |
Summary: Leesburg housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.9%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Cities
| Fruitland Park-Lady Lake | $299K | $320K | +7.0% |
| Fruitland Park | $340K | $340K | 0.0% |
| Leesburg | $300K | $299.9K | -0.1% |
| Howey-in-the-Hills-Okahumpka | $330K | $315.9K | -4.3% |
| Sumterville | $410K | $379.9K | -7.3% |
Housing Supply in Leesburg, FL
How many homes are available in Leesburg, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 577 | 568 | -1.6% |
Summary: The Leesburg real estate market had 568 homes for sale in November 2024, a 1.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 152 | 154 | +1.3% |
| 3 Bedrooms | 320 | 306 | -4.4% |
| 4 Bedrooms | 82 | 82 | 0.0% |
| 5+ Bedrooms | 21 | 24 | +14.3% |
Summary: The Leesburg housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 1.3%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 101 | 67 | -33.7% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Leesburg, you may be able to get a good deal. 61.2% of homes here sold below asking price last month.
Summary: A total of 67 homes were sold or pending in Leesburg in November 2024, down by 33.7% month-over-month. Of the 67 sold homes, 61% were sold under asking, 22% were sold at asking, and 16% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 57 Days | 70 Days | +22.7% |
Summary: Homes in Leesburg had an average of 70 days on market in Nov 2024, up by 22.7% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Leesburg are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 67 homes were sold in Leesburg; 43% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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