Is Leesburg, OH 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, OH

How much do homes in Leesburg, OH cost?

Median Sold Price

$275,000

$162/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$42,500(-13.4%)

Key Takeaway

Homes in Leesburg have sold for 13.4% less than they did a month ago.

Summary: The median home sold price in Leesburg was $275,000 in December 2024, down 13.4% from last month, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$285K
N/A
3 $317.5K$252.5K
-20.5%
4 --
N/A
5+ --
N/A

Summary: Leesburg housing prices by bedroom type for December 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 decreased by 20.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Leesburg, OH

How many homes are available in Leesburg, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
97-22.2%

Summary: The Leesburg real estate market had 7 homes for sale in December 2024, a 22.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 64
-33.3%
4 11
0.0%
5+ 11
0.0%

Summary: The Leesburg housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was 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, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Leesburg in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Leesburg, OH

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

Average Sale Time

Nov 2024Dec 2024CHANGE
57 Days24 Days-57.9%

Summary: Homes in Leesburg had an average of 24 days on market in Dec 2024, down by 57.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Leesburg are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in Leesburg; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 8 Days Ago

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