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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leesburg is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Leesburg has remained a Seller's Market.

Key Takeaway

Leesburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Leesburg, IN

How much do homes in Leesburg, IN cost?

Median Sold Price

$414,800

$303/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$7,100(-1.7%)

Key Takeaway

Homes in Leesburg have sold for 1.7% less than they did a month ago.

Summary: The median home sold price in Leesburg was $414,800 in November 2024, down 1.7% from last month, and the median price per square foot was $303.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $421.9K$429.9K
+1.9%
3 $654K$479.7K
-26.6%
4 $420K$399.7K
-4.8%
5+ --
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 increased by 1.9%, 3 bedroom homes decreased by 26.6%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Leesburg
-1.7%
Plain Township
-42.7%

Housing Supply in Leesburg, IN

How many homes are available in Leesburg, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2624-7.7%

Summary: The Leesburg real estate market had 24 homes for sale in November 2024, a 7.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1111
0.0%
4 109
-10.0%
5+ 11
0.0%

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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
550.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leesburg, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Leesburg in November 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Leesburg, IN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 17 Days Ago

Newest Listings in Leesburg, IN

Nearby Markets to Leesburg, IN

What housing markets are near Leesburg, IN?