Leesburg, Florida.
Typical home $273,975 (-3.2% in a year), asking rent $1,762 (+0.7%). Orlando-Kissimmee-Sanford, FL metro.
to buy the typical home at today's mortgage rate — +$728 (+103%) since Jan 2020.
- 1 year
- Down $8,923 -3%
- $282,898$273,975 since Sep 2025
- 5 years
- Up $34,551 +14%
- $239,424$273,975 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Leesburg$1,438
- Florida$1,970
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 26 years.
Typical home values in Leesburg, FL fell 3.2% over the past year — slower than the nation's +1.2%.
Asking rents in Leesburg, FL rose 0.7% over the past year — slower than the nation's +2.7%.
Owning the typical home in Leesburg runs $144/mo more than renting one. The gap peaked at $478 in Nov 2022.
That is $1,906 a month against $1,762 rent: a $1,438 mortgage payment, plus $174 property tax and $293 insurance & upkeep.
Owning vs renting — Leesburg
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$1,906
- Renting$1,762
- Mortgage only$1,438
Property tax · $174/mo 0.76% of value a year — the ACS 2020-2024 median bill over the median home value for Lake County, FL
Insurance & upkeep · $293/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Leesburg, Lake County, Florida
Leesburg is a city of 27,000 people in Lake County. Half its households earn more than $52,880 a year and half less, against $73,161 across Lake County; 16% of its people live below the poverty line. 63% of its homes are lived in by their owners and 37% are rented. Unemployment in Leesburg was 5.9% in August 2026, and Lake County had 1.1% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Leesburg is a city in Lake County, Florida, and its residents are older on average than in much of the country. Incomes run below the county's, and more people live below the poverty line than you might expect for the area. Most homes are lived in by their owners, though a good number of households rent. Winters are mild, with January the coolest month and days that stay comfortably warm, while summers are hot, with August the warmest. Rain falls through the year, and snow is not a feature of life here.
Work. Many residents work in schools, hospitals and social care, with shops, restaurants, hotels and entertainment, and professional and business services also employing a good share. Among the largest workplaces in Leesburg are Leesburg Regional Medical Center, Lake-Sumter State College and Lake Port Square Senior Living. Unemployment has edged up a little over the past year, while Lake County as a whole has added a small number of jobs. A four-year degree is held by fewer adults than is typical, and a typical commute is a moderate one.
Things to do. Lake Harris, a lake a short drive away, and the Palatlakaha River, a river also a short drive away, are the nearest places to get out on the water or along its banks. Farther afield, a longer drive brings you to Lake Griffin State Park, a protected area, and to Magic Kingdom, the well-known amusement park.
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- 12,833households
- 21%of adults have a degree
- 16%below the poverty line
- 26 mintypical commute
- 12%work from home
What residents work in
Employed residents by industry, from the Census survey. Lake County had 118,622 jobs in 2025, 1.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 70° and lows near 49°; warmest in August, with highs near 92° and lows near 75°. About 44 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Leesburg Municipal Airport weather station, 9 miles away (NOAA).
Largest employers in Leesburg
- UF Health Leesburg (fka CFHA)1,845
- Lake County School District (fka LCSB)745
- City of Leesburg550
- Publix550
- Lifestream Behavioral Center442
- Wal-Mart Stores, Inc.350
- Lake Port Properties294
- Lake Sumter State College257
From the City of Leesburg’s annual financial report for 2025, its schedule of principal employers (its source: “1City of Leesburg 2026 Annual Budget 2Labor Force data for Lake County, Florida Labor Market Statistics, September 2023…”), as Florida’s Auditor General publishes it: the report. Employees as the report counts them.
Natural hazards
- Strong windRelatively high
- TornadoesRelatively high
- LightningRelatively high
- Hurricanesrelatively high in parts of LeesburgRelatively moderate
- WildfireRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Leesburg’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Lake County and the Orlando-Kissimmee-Sanford, FL metro.
Leesburg home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Leesburg$273,975
- Florida$375,361
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Leesburg listings, and the typical home goes pending in 55 days — the market is heating up.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Leesburg29.58%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Leesburg55
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Leesburg523
New listings per month
Sellers arriving at the market.
- Leesburg108
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Leesburg$276,457
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Leesburg96.60%
Zip codes with a Leesburg address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Leesburg — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Leesburg
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 34748 | Leesburg | 48,095 | $1,645 | $272,230 |
| 34788 | Leesburg | 22,137 | $1,928 | $280,737 |