Leesburg Housing Market Report December 2024•Lake County, Florida

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Housing Prices in Leesburg, FL

How much do homes in Leesburg, FL cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Leesburg is a Buyer's Market

Difference Since December 2023

At the same time last year, Leesburg was a Seller's Market.

Insight

Leesburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$299,960$179/SqFt
-$39
0.0%

Based on all homes sold in the last 12 months

Insight

The sold price of homes in Leesburg has remained the same since last year.

Summary: The median home sold price in Leesburg was $299,960 in December 2024, the same as last year, and the median price per square foot was $179.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Fruitland Park-Lady Lake
+11.4%
Fruitland Park
+1.5%
Leesburg
0.0%
Howey-in-the-Hills-Okahumpka
-3.6%
Sumterville
-8.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$83.7K$85K
+1.5%
2$220.3K$245K
+11.2%
3$309.9K$310K
0.0%
4$358.8K$362K
+0.9%
5$389K$416K
+6.9%

Summary: Leesburg housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +1.5%. The home price for 2 bedroom homes increased by +11.2%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes increased by +0.9%. The home price for 5 bedroom homes increased by +6.9%.

Housing supply in Leesburg, FL

How many homes are available in Leesburg, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
557Last MonthDec 2024
5452 months agoNov 2024
+2.2 %
Change MoMNov – Dec

Summary: The Leesburg real estate market had 557 homes for sale in Dec 2024, a 2.2 % increase compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
70Last MonthDec 2024
692 months agoNov 2024
+1.4 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
122
0.0%
2146144
-1.4%
3294300
+2.0%
48088
+10.0%
52323
0.0%

Summary: Leesburg housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -1.4%. The inventory for 3 bedroom homes increased by +2.0%. The inventory for 4 bedroom homes increased by +10.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Leesburg, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price9 Homes

At Asking Price13 Homes

Under Asking Price48 Homes

Insight

If you're buying a home in Leesburg, you may be able to get a good deal. 68.6% of homes here sold below asking price last month.

Summary: A total of 70 homes were sold or pending in Leesburg in December 2024, up by 1.4% month-over-month. Of the 70 sold homes, 69% were sold under asking, 19% were sold at asking, and and 13% were sold over asking.

Days on Market for Leesburg, FL

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

Breakdown of Home Sale Times

Under 30 Days28 Homes

30 – 90 Days23 Homes

Over 90 Days19 Homes

Insight

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

Summary: During December 2024, 70 homes were sold in Leesburg; 40% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
64 DaysThis YearDec 2024
53 Days1 year agoDec 2023
+21.2 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Leesburg had an average listing age of 64 days in Dec 2024, up by 21.2% compared to the previous year.

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Newest Listings in Leesburg, FL

What homes are available in Leesburg, FL?

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Last updated on: 1/23/2025, 4:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 1/22/2025, 11:50:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXIDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Copyright 2025 Daytona Beach Area Association of REALTORS Multiple Listing Services. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/23/2025, 4:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by other brokerage firms are marked with the listing broker's name and detailed information about such listings. Data provided is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/22/2025, 11:50:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.