Momentum Housing Data · Home Values · Lake County
Buying here? See Meadow Ridge of Grand Island homes for sale and the Meadow Ridge of Grand Island community guide (Leesburg).
MEADOW RIDGE OF GRAND ISLAND (LEESBURG, FL): 4 recorded closings in the 12 months ending 2026-08-02, a 4-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 93.4% of original asking; the median sale took 37 days (window ending 2026-08-02).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $300,000 | $217 | 37 | 93.4% | 4 |
| 2025 | $320,000 | $219 | 30 | 97.1% | 4 |
| 2024 | $300,000 | $212 | 60 | 96.9% | 3 |
| 2019 | $205,900 | $151 | 55 | 100.0% | 13 |
Over the recorded series, MEADOW RIDGE OF GRAND ISLAND’s median sold price moved from $205,900 (2019) to $300,000 (12 months ending 2026-08-02) — +46% over that span, with every year’s figure from recorded closings, not a model.
What actually trades here: 100% single-family residence, with a median of 1,404 sq ft and a median price per square foot of $217 in the current window.
From the live MLS feed as of 2026-09-03: The homes listed or recently sold were built between 2007 and 2020 (median 2020); 8 of 8 listed or recently sold homes report an HOA, median $60/mo; none of the 8 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 76 ft); the features listings here most often name are Playground, Deed Restrictions and Street Lights. See the current MEADOW RIDGE OF GRAND ISLAND listings →
At MEADOW RIDGE OF GRAND ISLAND’s $300,000 median and Lake County’s adopted 16.65 mills (FY2025-26), a home assessed at that price carries roughly $4,990 a year in property tax before exemptions, or about $4,320 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Lake County tax page.
Current asking prices run a median $320,000 against the $300,000 recorded sold median (+7%) — the gap between what sellers hope and what the record shows. The market is carrying about 3 months of supply at the current sales pace. Demand check: 0% of MEADOW RIDGE OF GRAND ISLAND’s listings are under contract, against 28% for ZIP 32735 and 26% for Lake County as a whole — the community is currently absorbing slower than its surroundings, which is negotiating information. Since 2008, 145 MEADOW RIDGE OF GRAND ISLAND listings were withdrawn, canceled, or expired without selling (1 so far in 2026) — overpricing is the recurring cause statewide. Over the recorded years, an average of 65% of MEADOW RIDGE OF GRAND ISLAND listings ended without selling (withdrawn/canceled/expired); in 2026 that rate was 33%.
Cash bought 20% of recorded MEADOW RIDGE OF GRAND ISLAND sales in the window ending 2026-06 (1 of 5) — a fact worth knowing before assuming every buyer needs an appraisal to close. Asking and recorded sold prices are within a few percent of each other here, so the table above is close to what a MEADOW RIDGE OF GRAND ISLAND buyer will actually pay; the spread on any single home comes down to size, condition and timing.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping MEADOW RIDGE OF GRAND ISLAND are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| GRAND ISLAND RIDGE SUB | $340,000 | $182 | 44 | 4 |
| WINDY RIDGE SUB | $322,000 | $199 | 48 | 5 |
| Scottish Highlands Phase K Leesburg | $195,000 | $154 | 76 | 9 |
| WESTERN SHORES | $494,000 | $225 | 78 | 8 |
More MEADOW RIDGE OF GRAND ISLAND: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Based on Stellar MLS data distributed by MLS GRID for the period 2010 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.