Is Leesburg, GA 31763 a buyer’s or seller’s market?
Leesburg is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 51% of U.S. ZIP codes, and #32 of 371 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Leesburg housing market right now
In the three months ending August 31, 2026, 19% of homes in Leesburg, GA 31763 sold above their list price, the typical home went under contract in 20 days and there were 5.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 61 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (37 days then) and the median sale price held steady to $274,881. Overall, Leesburg is more competitive than a year ago, so tougher for buyers.
On our competition score, Leesburg ranks #32 of 371 GA ZIP codes with enough sales (score 50 out of 100).
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Nearby markets
De Soto 31743 — /sq ftSmithville 31787Seller’s market $186 /sq ft Browse all markets →Towns like Leesburg nearby
Find towns like Leesburg in other states →Where Leesburg is
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Questions about Leesburg real estate
Is Leesburg a buyer’s or seller’s market?
A balanced market: there were 5.5 months of supply in Leesburg, GA 31763 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Leesburg?
The typical home went under contract in 20 days in the latest three months.
Do homes in Leesburg sell over asking?
19% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.
What are property taxes in Leesburg?
About 0.97% of a home’s value a year in Lee County, or roughly $3,880 on a $400,000 home.
What is the median home price in Leesburg?
The median sale price was $274,881 in the three months ending August 31, 2026, about $160 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology