Is Leesburg, FL 34748 a buyer’s or seller’s market?

The Leesburg housing market right now

In the three months ending August 31, 2026, 7% of homes in Leesburg, FL 34748 sold above their list price, the typical home went under contract in 77 days and there were 5.7 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 218 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 4%, homes sold faster (82 days then) and the median sale price held steady to $288,125. Overall, Leesburg is more competitive than a year ago, so tougher for buyers.

Within Lake County, homes here sell more slowly than in 68% of the county’s ZIP codes, and sell less often over asking than in 73%. On our competition score, Leesburg ranks #577 of 796 FL ZIP codes with enough sales (score 13 out of 100).

Nearby, buyers who want less competition could look at Altoona 32702 (0% sold over asking) or Astor 32102 (0% sold over asking), while Paisley 32767 (31% sold over asking) and Eustis 32726 (21% sold over asking) are even more competitive.