The housing in 34748 Leesburg, FL is significantly higher than the US median value of $338,100. In fact, the median value for this area is an impressive $291,800, which is almost 13% below the national average. Furthermore, this area has seen a far greater appreciation rate than the US average over the past year. The US house appreciation rate was 8.27%, while Leesburg's rate was 24.20%. This makes this area an attractive option for potential homebuyers who are looking for a place with strong potential for a return on investment.
The median home cost in Leesburg (zip 34748) is $291,800. Home appreciation the last 10 years has been 209.1%. Home Appreciation in Leesburg (zip 34748) is up 29.6%.
Average Age of Homes
- The median age of Leesburg (zip 34748) real estate is 25 years old
The Rental Market in Leesburg (zip 34748)
- Renters make up 20.1% of the Leesburg (zip 34748) population
- 3.1% of houses and apartments in Leesburg (zip 34748), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.