Is Leesburg, FL 34788 a buyer’s or seller’s market?

The Leesburg housing market right now

In the three months ending August 31, 2026, 16% of homes in Leesburg, FL 34788 sold above their list price, the typical home went under contract in 92 days and there were 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 70 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 8%, homes sold more slowly (60 days then) and the median sale price fell 2% to $322,106. Overall, Leesburg is about as competitive as it was a year ago.

Within Lake County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell more often over asking than in 73%. On our competition score, Leesburg ranks #287 of 796 FL ZIP codes with enough sales (score 24 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.