Leesburg, Indiana.
Typical home $364,129 (+7.4% in a year). Warsaw, IN metro.
to buy the typical home at today's mortgage rate — +$1,063 (+125%) since Jan 2020.
- 1 year
- Up $25,191 +7%
- $338,937$364,129 since Sep 2025
- 5 years
- Up $77,673 +27%
- $286,455$364,129 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$1,911
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in Leesburg, IN rose 7.4% over the past year — faster than the nation's +1.2%.
Living in Leesburg, Kosciusko County, Indiana
Leesburg is a town of 555 people in Kosciusko County. Half its households earn more than $101,563 a year and half less, against $75,317 across Kosciusko County; 3% of its people live below the poverty line. Unemployment in Kosciusko County was 3.4% in August 2026, and the county had 1.2% fewer jobs in 2025 than the year before. The most people in Kosciusko County work in manufacturing, then schools and health care.
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 It can be wrong or out of date.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 very small town in Kosciusko County, Indiana, where households have incomes well above the county's and very few people live below the poverty line. A typical home here is valued at a good deal more than many people expect for a small Midwestern town. Relatively few adults hold a four-year degree, and winters are cold, with January highs near freezing, while July is warm and the year brings a fair amount of rain and melted snow.
Work. Residents work mostly in manufacturing, in schools, hospitals and social care, in shops, and in restaurants, hotels and entertainment. Across Kosciusko County, some of the largest workplaces are Poly-Wood, Warsaw Community Schools and Walmart. The typical commute is a moderate drive, and only a small number of people work from home.
Things to do. Water is the main draw nearby. Tippecanoe Lake and Lake Wawasee are both lakes a short drive away, and Chain O'Lakes State Park, a protected area, is a longer drive away. For something indoors, the Billy Sunday Historic Home is a museum a short drive away.
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- 15%of adults have a degree
- 3%below the poverty line
- 22 mintypical commute
- 7%work from home
What people in Kosciusko County work in
Employed residents by industry, from the Census survey. Kosciusko County had 35,757 jobs in 2025, 1.2% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 33° and lows near 17°; warmest in July, with highs near 84° and lows near 62°. About 41 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Warsaw weather station, 5 miles away (NOAA).
Largest workplaces in Kosciusko County
- THE Otis R. Bowen CenterPsychiatric hospital1,145FTE
- Poly-Wood LLC - IndianaPolyethylene resins manufacturing1,079
- Warsaw Community SchoolsSchool district891FTE
- Forte ResidentialCompanion services for disabled persons, the elderly, and persons diagnosed with intellectual and developmental disabilities888
- Johnson JohnsonSurgical appliance and supplies mfg.848
- WalmartWarehouse clubs and supercenters383
- Wawasee Community School CorpSchool district382FTE
- Kosciusko Community HospitalGeneral hospital376FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 87 workplaces with 20 or more staff, 12,167 people in all across the county; Leesburg has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windRelatively high
- Cold wavesRelatively high
- TornadoesRelatively high
- LightningRelatively moderate
- Winter weatherRelatively moderate
- Inland floodingRelatively 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 low. 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 Kosciusko County and the Warsaw, IN 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$364,129
- Indiana$257,165
- United States$366,157
Sellers are cutting prices on about 1 in 3 Leesburg listings — the market is roughly in balance.
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.
- Leesburg30.07%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Leesburg43
New listings per month
Sellers arriving at the market.
- Leesburg8
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.