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Florida Housing Data · ZIP Scorecard

Leesburg, FL (34788) housing scorecard.

Home value, rent, cap rate, 5-year growth, price versus incomes and our 0 to 100 Momentum Market Score for ZIP 34788, free, from Zillow, Realtor.com and Census data.

Sources: Zillow, Realtor.com, U.S. Census, Freddie Mac/FRED. Score by Momentum Realty (methodology).
Updated 2026-08-01
67/ 100
Momentum Market Score
Buyer value
Leesburg, FL (34788) is leaning to the buyer on price and leverage.

At about 4.95 times the local median income, prices sit close to the Florida norm. Gross rent yield is around 8.45%. Values are up roughly 3.7% a year over the last five years. Owning the typical home at today's 6.52% 30-year rate takes about 30.1% of a median income in principal and interest, the affordability squeeze in one number. About 29.4% of listings have cut their price.

$284,235
Home value
1yr -4.1%
3.7%
5yr growth/yr
ZHVI CAGR
$2,001
Median rent
monthly (ZORI)
8.45%
Cap rate
gross yield
4.95x
Price to income
value vs incomes
-1.0%
Over/undervalued
vs FL norm
30.1%
Affordability
income to own/yr
89
Days on market
median (Realtor)
29.4%
Price cuts
share of listings
$57,477
Median income
household (Census)
21,867
Population
Census ACS
20
New listings
last month

Typical home value, last 13 months

What drives the score

Cheapness vs income52
Price-cut leverage74
Inventory growth76
Affordability52
Rent yield88

Each bar ranks this ZIP against every other Florida ZIP (0 = lowest, 100 = highest) on that input, then weighted into the score. Full methodology.

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Common questions

Is Leesburg, FL (34788) a buyer's or seller's market?

By the Momentum Market Score, Leesburg, FL (34788) reads buyer value (67 out of 100), meaning it is leaning to the buyer on price and leverage. The score blends value versus incomes, price cuts, inventory growth, affordability and rent yield.

What is the typical home value in Leesburg?

About $284,235 (Zillow Home Value Index, 2026-08-01), up roughly 3.7% a year over five years.

Where does this data come from?

Zillow Research (home value, rent), Realtor.com (days on market, listings), U.S. Census (income, population), Freddie Mac via FRED (rate). Score and derived metrics by Momentum Realty, methodology here.

Data: Zillow Research, Realtor.com, U.S. Census Bureau ACS, and Freddie Mac 30-Year Fixed Rate Mortgage Average [MORTGAGE30US] via FRED. Score by Momentum Realty.

Housing distress & ownership in ZIP 34788

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
3.15%
4 of 127 listings · short sale 3, auction 1
Months of supply
4.9
balanced · active inventory ÷ sales pace (trailing 12 mo)
Out-of-state owners
12.5%
mailing address outside FL
Non-homestead
45.5%
not owner-occupied (investor/2nd-home proxy)
Median just value
$188,946
8,254 parcels
Median owner tenure
1 yrs
years since the home last sold (county tax roll)
Owners at 2× their price
4.9%
today’s just value is at least double the last sale price
Median closed sale price — $280,738 · ▼ 6.9% yr (12-mo rolling)
Distress share trend — 3.15% now (2026-08-10 → 2026-08-11)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

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