Is Leesburg, AL 35983 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, AL 35983 sold above their list price, the typical home went under contract in 89 days and there were 6.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 15 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (5% then), homes sold more slowly (87 days then) and the median sale price fell 7% to $329,757. Overall, Leesburg is about as competitive as it was a year ago.

Within Cherokee County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 75%. On our competition score, Leesburg ranks #226 of 249 AL ZIP codes with enough sales (score 11 out of 100).

Nearby, buyers who want less competition could look at Gaylesville 35973 (0% sold over asking), while Piedmont 36272 (35% sold over asking) and Cedar Bluff 35959 (20% sold over asking) are even more competitive.