Who Has The Advantage?
Buyers Have More Negotiating Power
7.5 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 7.5 months to sell the homes currently available.
Real estate term: Months of Supply
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34748 Real Estate Market
Real numbers from your local market. Explained for regular people.
As of September 27, 2026
610
Homes For Sale
Active inventory buyers can choose from
23
New This Week
Listings newly added to the market
43
Price Changes
Homes that changed price this week
38
Went Under Contract
Homes that found a buyer this week
0
Back On Market
Homes returned for sale this week

2314 Griffin
Leesburg, FL 34748
3 bd · 2 ba · 2,100 sq ft
Single Family
Waterfront · $285 per sq ft · No HOA

3366 Curlew
Leesburg, FL 34748
3 bd · 2 ba · 1,585 sq ft
Single Family
USDA-eligible area · $205 per sq ft · HOA about $58 per month

26032 Newcombe
Leesburg, FL 34748
2 bd · 2 ba · 1,196 sq ft
Villa
USDA-eligible area · $171 per sq ft · HOA about $261 per month

24445 Madewood
Leesburg, FL 34748
2 bd · 2 ba · 2,051 sq ft
Single Family
USDA-eligible area · $174 per sq ft · HOA about $180 per month

2508 Stoer Island
Leesburg, FL 34748
4 bd · 2 ba · 2,091 sq ft
Single Family
USDA-eligible area · $96 per sq ft · No HOA

4020 Magnolia
Leesburg, FL 34748
5 bd · 3 ba · 2,854 sq ft
Single Family
USDA-eligible area · $116 per sq ft · No HOA

5409 Essex
Leesburg, FL 34748
4 bd · 4 ba · 3,318 sq ft
Single Family
USDA-eligible area · $158 per sq ft · HOA about $229 per month

102 Palmora
Leesburg, FL 34748
4 bd · 3 ba · 2,263 sq ft
Single Family
USDA-eligible area · $225 per sq ft · No HOA
Data courtesy of Stellar MLS as distributed by MLS GRID as of Sep 26, 2026 6:01 AM ET through Sep 27, 2026 6:01 AM ET.
Buyers Have More Negotiating Power
7.5 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 7.5 months to sell the homes currently available.
Real estate term: Months of Supply
$274,990
Typical Sale Price
$158
Typical Price Per Sq. Ft.
98.0%
Of Asking Price
At this ZIP's typical close-to-list ratio, a home listed at $500,000 would have sold for about $490,000.
50 days
Typical Time To Sell
8.7%
Share Of Homes Listed Before
Some homes are relisted, which restarts the clock on most sites. This counts total time on market.
As of September 27, 2026
49.5%
Of Homes For Sale Are Below Their Original Asking Price
43
Price Changes This Week
166
Price Changes In The Last 30 Days
7.0%
Share Of Inventory That Changed Price This Week
$16,000 (6.1%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
A Balanced Market
5.5 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 5.5 months to sell the homes currently available.
Real estate term: Months of Supply
$302,500
Typical Sale Price
$168
Typical Price Per Sq. Ft.
98.2%
Of Asking Price
At this ZIP's typical close-to-list ratio, a home listed at $500,000 would have sold for about $491,000.
50 days
Typical Time To Sell
8.2%
Share Of Homes Listed Before
Some homes are relisted, which restarts the clock on most sites. This counts total time on market.
As of September 27, 2026
55.5%
Of Homes For Sale Are Below Their Original Asking Price
38
Price Changes This Week
123
Price Changes In The Last 30 Days
10.4%
Share Of Inventory That Changed Price This Week
$20,000 (5.5%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
As of September 27, 2026
$312.5K -> $300K Down 4.0% over the last 12 months
The typical sale price moved from $312,500 in Sep 2025 to $300,000 in Aug 2026, down $12,500.
There were not enough recent sales to judge the balance of this market.
10.0%
Share Of Homes Listed Before
As of September 27, 2026
80.0%
Of Homes For Sale Are Below Their Original Asking Price
1
Price Changes This Week
2
Price Changes In The Last 30 Days
10.0%
Share Of Inventory That Changed Price This Week
$5,500 (4.6%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
As of September 27, 2026
$185K -> $100K Down 45.9% over the last 12 months
The typical sale price moved from $185,000 in Sep 2025 to $100,000 in Aug 2026, down $85,000.
There were not enough recent sales to judge the balance of this market.
8.3%
Share Of Homes Listed Before
As of September 27, 2026
33.3%
Of Homes For Sale Are Below Their Original Asking Price
0
Price Changes This Week
4
Price Changes In The Last 30 Days
0.0%
Share Of Inventory That Changed Price This Week
$17,550 (7.4%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
As of September 27, 2026
$205K -> $185K Down 9.8% over the last 12 months
The typical sale price moved from $205,000 in Sep 2025 to $185,000 in Aug 2026, down $20,000.
There were not enough recent sales to judge the balance of this market.
6.7%
Share Of Homes Listed Before
As of September 27, 2026
53.3%
Of Homes For Sale Are Below Their Original Asking Price
0
Price Changes This Week
5
Price Changes In The Last 30 Days
0.0%
Share Of Inventory That Changed Price This Week
$10,000 (6.0%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
As of September 27, 2026
$191.5K -> $129.7K Down 32.3% over the last 12 months
The typical sale price moved from $191,500 in Sep 2025 to $129,700 in May 2026, down $61,800.
Buyers Have More Negotiating Power
7.3 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 7.3 months to sell the homes currently available.
Real estate term: Months of Supply
$140,250
Typical Sale Price
$98
Typical Price Per Sq. Ft.
92.1%
Of Asking Price
At this ZIP's typical close-to-list ratio, a home listed at $500,000 would have sold for about $461,000.
74 days
Typical Time To Sell
16.9%
Share Of Homes Listed Before
Some homes are relisted, which restarts the clock on most sites. This counts total time on market.
As of September 27, 2026
50.6%
Of Homes For Sale Are Below Their Original Asking Price
3
Price Changes This Week
19
Price Changes In The Last 30 Days
3.6%
Share Of Inventory That Changed Price This Week
$10,000 (7.7%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
As of September 27, 2026
$117.5K -> $140K Up 19.1% over the last 12 months
The typical sale price moved from $117,500 in Sep 2025 to $140,000 in Aug 2026, up $22,500.
As of September 27, 2026
| Metric | 34748 Now | Last Year | Leesburg |
|---|---|---|---|
| Homes For Sale | 610 | 499 | 783 |
| Typical Sale Price | $274,990 34748 is 0.9% lower | $274,990 | $277,606 |
| Homes Sold, 30 Days | 73 | 69 | 99 |
As of September 27, 2026, homes in 34748 had 7.5 months of supply, compared with 7.3 months across Leesburg as a whole. The typical home here took 50 days to sell, against 60 days citywide.
Not every home is the same, so if more large or expensive homes sell in a given month, the typical sale price can rise even when the market has not really changed.
1,725 sq ft
Typical Size Of Homes Sold
9.6%
New Construction
Mix By Property Type
The market statistics above describe all of ZIP code 34748. Enter your property address in Leesburg, FL for a property-specific estimate based on your home, not the blended ZIP averages.
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No, 34748 currently favors buyers more than sellers right now. As of September 27, 2026, 34748 shows 7.5 months of supply and 610 active listings, conditions typical of a buyer's market in Leesburg. Individual results still depend on pricing, condition, and location within the ZIP code.
The typical home in 34748 took 50 days to sell as of September 27, 2026, counting total time on market including any earlier listing periods for the same property. That figure reflects recent closed sales in Leesburg, not just the homes currently listed for sale in the ZIP code today.
Homes in 34748 sold for about 98.0% of asking price as of September 27, 2026, based on the median close-to-list ratio over the last 30 days, meaning a home listed at $500,000 typically sold for about $490,000. That figure includes homes that sold above list and below list within ZIP code 34748.
34748 is currently a buyer's market as of September 27, 2026, with about 7.5 months of supply and 610 homes currently for sale. Months of supply compares active inventory to recent sales, and values below about 4 months generally favor sellers while values above about 6 months favor buyers in Leesburg.
Home prices in 34748 were flat 0.0% year over year as of September 27, 2026, comparing the median sale price from the last 90 days with the same period a year earlier. Monthly swings can differ, but that figure shows the broader price direction for closed sales in ZIP code 34748.
As of September 27, 2026, there are 610 homes for sale in ZIP code 34748, representing active MLS listings buyers can shop today. That count shifts weekly as new listings arrive and others go under contract, so check back for the latest inventory in the ZIP code.
Selling a home in 34748 through HomeJam starts at $499 for the DIY tier, with Guided at 1 percent and Concierge at 2.5 percent of the sale price. Your total cost depends on which tier you choose plus other transaction expenses such as title, taxes and any concessions you agree to.
Market statistics are calculated using MLS data for ZIP code 34748.
Data is updated weekly. Last updated September 27, 2026.
Data courtesy of Stellar MLS as distributed by MLS GRID as of September 1, 2025 through September 27, 2026.
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