The housing market in 34788 Leesburg, FL is booming. The median value of a house in this area is $281,100, which is significantly lower than the US house median value of $338,100. However, what makes this area so attractive to potential buyers is the high rate of appreciation. Over the last year, the house appreciation in 34788 Leesburg, FL has been 24.20%, much higher than the 8.27% appreciation seen across the US as a whole. This means that anyone who buys property now will likely see greater returns on their investment in the future.
The median home cost in Leesburg (zip 34788) is $281,100. Home appreciation the last 10 years has been 209.1%. Home Appreciation in Leesburg (zip 34788) is up 29.6%.
Average Age of Homes
- The median age of Leesburg (zip 34788) real estate is 31 years old
The Rental Market in Leesburg (zip 34788)
- Renters make up 12.4% of the Leesburg (zip 34788) population
- 0.3% of houses and apartments in Leesburg (zip 34788), 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.