Highland Lakes Ph 01B
Homes for Sale in Leesburg, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Price here is driven by a fairly consistent product: homes built between 1991 and 2008, with a median just over 1,400 square feet, transacting around a $229,500 median. At roughly $161 per square foot, what moves a specific number up or down is condition and updates rather than square footage swings — the housing stock is close enough in vintage and size that a renovated interior is the real differentiator.
The current posture favors buyers. A median of 130 days on market and a heat score of 24 point to a slow, patient market where sellers are not setting the terms. Year-over-year pricing is down 3.4%, so a seller needs to price to the market as it is today, not last year, and a buyer has room to negotiate and to wait for the right listing rather than chase.
Highland Lakes Ph 01B right now
🟡 Off the recent peak. The trailing-12-month median ($230K) is down 3.4% from the prior 12 months ($238K). With about 5 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 13. Confidence: Medium (8 and 8 sales in the two windows).
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Updated July 13, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Highland Lakes Ph 01B market snapshot (as of July 13, 2026): the median sale price is about $230K ($161 per sq ft over the trailing 12 months of closed sales), and a median 131 days on market for closed sales. The trailing-12-month median is down 3% from the prior 12 months, computed from record-level Stellar MLS closed sales (8 closings in the current window).
Highland Lakes Ph 01B is a community of 198 homes in Leesburg, Lake County, built between 1991 and 2008 (median 1993.0), with a median living area of about 1,409 square feet. 83% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Highland Lakes Ph 01B is a compact, established community of 198 homes in Leesburg, Lake County, built across a fairly narrow window and dominated by owner-occupants — the homestead share sits at 83.3%, which tends to keep the streetscape stable and turnover measured.
Who Highland Lakes Ph 01B is best for.
Best for
- A patient buyer with a budget centered near the mid-$200s who values an established, low-turnover setting
- A buyer willing to renovate and capture the condition-driven pricing gap
- An owner-occupant planning to stay put through a soft, slow-moving market
Probably not for
- A buyer needing to resell quickly or counting on short-term price gains
- Someone set on new construction or larger square footage than this stock offers
- A seller who needs a fast, hot-market timeline rather than a measured one
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 13 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($230K) IS the median in the snapshot above, and the move from 2025 ($238K) IS the -3.4% one-year change.
Windows contain 0 to 13 sales each (8 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.
The Highland Lakes Ph 01B buying strategy.
If we were buying in Highland Lakes Ph 01B today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Highland Lakes Ph 01B.
A slow, condition-driven resale market
This is a resale-only environment — nothing new is being built here, with construction dates topping out in 2008 and a median build year of 1993. That means the negotiation is almost always about condition: roof age, systems, kitchens and baths. Two homes of similar size can justify very different prices based on how much updating has already been done, and the median of $229,500 sits in the middle of a spread that condition explains more than location within the community.
With only 8 closings in the window and a median 130 days on market, this is not a fast-moving segment. Buyers should expect real inventory to choose from and time to make a measured decision. Sellers should expect the process to take longer than a hot-market timeline and should price against genuine comparables, not aspiration.
The location and the amenities are priced into every listing in Highland Lakes Ph 01B. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Highland Lakes Ph 01B buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (4.8). Basis: Recent Direction -3.4% year-over-year; Owner Commitment 83% owner-occupied; Pricing Power 86.3% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a thin, slow market like this one, the pricing gap between an updated home and a tired one is where deals are won or lost. We read the condition-adjusted comps in Highland Lakes Ph 01B honestly, tell a seller what today's 3.4% year-over-year softness means for list strategy, and help a buyer use the 130-day pace as leverage rather than getting rushed.
Highland Lakes Ph 01B in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Highland Lakes Ph 01B buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Highland Lakes Ph 01B sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Highland Lakes Ph 01B, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Highland Lakes Ph 01B home worth?
Get a no-obligation home value based on real comparable sales in Highland Lakes Ph 01B, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Highland Lakes Ph 01B?
How long do homes in Highland Lakes Ph 01B take to sell?
How many homes are in Highland Lakes Ph 01B?
What share of Highland Lakes Ph 01B is owner-occupied?
When were the homes in Highland Lakes Ph 01B built?
Do cash buyers compete in Highland Lakes Ph 01B?
Who is the best real estate agent for Highland Lakes Ph 01B?
How do I find a top Leesburg real estate agent who knows Highland Lakes Ph 01B?
Can Momentum Realty connect me with an agent for Highland Lakes Ph 01B?
Should you buy in Highland Lakes Ph 01B?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 13, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (5 streets, ZIP 34748)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2015 (55 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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