Is Leesburg, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leesburg is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Leesburg has remained a Neutral Market.

Key Takeaway

Leesburg is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Leesburg, GA

How much do homes in Leesburg, GA cost?

Median Sold Price

$182,000

$103/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$188,000(-50.8%)

Key Takeaway

Homes in Leesburg have sold for 50.8% less than they did a month ago.

Summary: The median home sold price in Leesburg was $182,000 in November 2024, down 50.8% from last month, and the median price per square foot was $103.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$182K
N/A
4 --
N/A
5+ $370K-
N/A

Summary: Leesburg housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Leesburg, GA

How many homes are available in Leesburg, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
67+16.7%

Summary: The Leesburg real estate market had 7 homes for sale in November 2024, a 16.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 34
+33.3%
4 23
+50.0%
5+ 10
-100.0%

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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leesburg, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Leesburg in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Leesburg, GA

How long does it take to sell a home in Leesburg, GA?

Average Sale Time

Oct 2024Nov 2024CHANGE
60 Days175 Days+191.7%

Summary: Homes in Leesburg had an average of 175 days on market in Nov 2024, up by 191.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Leesburg are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Leesburg; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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