Highland Lakes Ph 02C
Homes for Sale in Leesburg, FL

Community in Leesburg · Lake County
218 homesBuilt 1993–2005Median sale $268K
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Live Market Pulse
41/100
Market Heat
Near its long-run normal
2015 → 2026 · 79 at the 2023 peak
0 is Highland Lakes Ph 02C's coldest market since 2015, 100 its hottest. Today: 41. How it's scored
Built fromLive Stellar MLS data12 years of closingsFL DOR public recordsUpdated twice daily
Live · Highland Lakes Ph 02C Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$268K
Median sold · 12 mo
down 7.6% vs the prior 12 months
-7.6%
1-yr price change
n = 9 and 3 sales in the two windows
$136/sf
Sold $/sqft · 12 mo
peak $170 in 2023
87.7%
Sale vs ask
Lake median: 95.7%
Tempo
75days
Median DOM · closed
14 days at the 2023 low
9
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
79%
Owner-occupied · Highland Lakes Ph 02C
172 of 218 parcels homesteaded (FL DOR 2025)
21%
Non-owner-occupied · Highland Lakes Ph 02C
incl. 8% trust or LLC-held · 8% out-of-state
67%
Cash buyers · Highland Lakes Ph 02C
6 of 9 sales, 12 mo ending June 2026
218
Homes in the community
218 residential parcels (FL DOR 2025)
Track record · 12 years of records
Est. 1993
Community established
homes built 1993-2005, median 1995 (FL DOR 2025)
0
Failed listings · 2025
peaked at 3 in 2019
1,913sqft
Median sold home size
12-mo windows, closed sales
4.1%/yr
Turnover rate
about 9 of 218 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven mostly by condition and size, not location premiums. The median sits at $268,000, or about $135.80 a foot, on homes that run right around 1,758 square feet. With stock built between 1993 and 2005, the spread you see in list prices tends to track how much updating a given home has had rather than any address-by-address difference.

The current posture favors a patient buyer. A median of 75 days on market and a heat score of 41 point to a slower, negotiable market, and the year-over-year median is down 7.6%. Sellers should price to the current reality and expect to wait; buyers have room to be selective and to underwrite condition carefully rather than chase.

Highland Lakes Ph 02C Housing Pulse · Momentum Research · as of July 13, 2026

Highland Lakes Ph 02C right now

🟡 Off the recent peak. The trailing-12-month median ($268K) is down 7.6% from the prior 12 months ($290K). With about 4 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: Low (9 and 3 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

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 02C market snapshot (as of July 13, 2026): the median sale price is about $268K ($136 per sq ft over the trailing 12 months of closed sales), and a median 75 days on market for closed sales. The trailing-12-month median is down 8% from the prior 12 months, computed from record-level Stellar MLS closed sales (9 closings in the current window).

Highland Lakes Ph 02C is a community of 218 homes in Leesburg, Lake County, built between 1993 and 2005 (median 1995.0), with a median living area of about 1,758 square feet. 79% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Highland Lakes Ph 02C is an established section of roughly 218 homes in Leesburg, built across the mid-1990s to mid-2000s, where value hinges more on how a home has been maintained than on where it sits.

Best for

  • Owner-occupant buyers seeking a mid-sized single-family home around the mid-$260s who plan to stay put
  • Value-minded buyers comfortable factoring updates and condition into their offer
  • Buyers who want time to negotiate rather than compete in a fast market

Probably not for

  • Buyers who need to resell quickly or count on rapid price growth
  • Anyone wanting brand-new construction or the newest finishes
  • Investors looking for high transaction volume and quick turnover

Windows contain 0 to 9 sales each (9 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.

Median sale price · trailing 12 mo
$150K$200K$250K$300K2014201620182020202220242026
Down 7.6% year over year.
Every sale since 2014 · price vs size
$0$100K$200K$300K2k2k2k
42 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$1502014201620182020202220242026
Up from $81 in 2014 to a $170 peak in 2023; $136 now.
Median days on market · closed sales
501002014201620182020202220242026
14 days at the 2023 low; 75 now.
Sale price vs original ask · median
90%95%100%2014201620182020202220242026
87.7% now vs Lake 95.7%.
Homes sold per 12-mo window
02582014201620182020202220242026
0 to 9 a year; 9 in the current window.
Sellers who gave up · failed listings per year
0123202220242025
Canceled, expired, or withdrawn. 3 quit in 2019; 0 so far in 2025. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2016202220242026
79 at the 2023 peak, 15 in the troughs, 41 now. Same score as the hero card, full history.

If we were buying in Highland Lakes Ph 02C today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 02C.

Best Buy
Buyers who want an established, mid-sized home and are willing to weigh condition carefully.
Biggest Risk
Thin closing volume and a declining year-over-year median make pricing less forgiving.
Sweet Spot
A well-maintained home near the $268,000 median that shows better than its comps.
Avoid If
You need a fast resale or expect quick, guaranteed gains.

An established section that trades on condition

The housing here is consistent in vintage and size, with a median build year around 1995 and typical living space near 1,758 square feet. That uniformity is useful: it makes it easier to read comps, and it means the biggest variable between one sale and the next is usually updates and upkeep. When you see a wide gap between two similar-looking homes, condition is almost always the reason.

This is a hold-and-live section, not a churn market. A homestead share near 79% signals owner-occupancy over turnover, and with only 9 closings in the window, data points are thin and each new sale carries weight. That combination — steady ownership, limited transactions, a 75-day median — rewards buyers who move deliberately and sellers who prepare the home before listing.

The location and the amenities are priced into every listing in Highland Lakes Ph 02C. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
4.6C- · Buy Score
Recent Direction4.1/10
Owner Commitment7.9/10
Pricing Power1.8/10

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 (4.6). Basis: Recent Direction -7.6% year-over-year; Owner Commitment 79% owner-occupied; Pricing Power 87.7% sale-to-list. Refreshed with each data update.

Why work with Momentum here

With a thin transaction count and a market where condition sets price, generic pricing tools miss badly. We read each closing against the specific state of the home, help sellers spend renovation dollars where they actually move the needle, and give buyers a clear-eyed condition assessment before you commit in a slower, negotiable market.

Highland Lakes Ph 02C in 15 seconds.

Best forBuyers who want an established, mid-sized home and are willing to weigh condition carefully.
Biggest advantageA negotiable market with days-on-market long enough to shop deliberately.
Biggest riskThin closing volume and a declining year-over-year median make pricing less forgiving.
Sweet spotA well-maintained home near the $268,000 median that shows better than its comps.
Avoid ifYou need a fast resale or expect quick, guaranteed gains.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Highland Lakes Ph 02C sales matched to your home.

What is your Highland Lakes Ph 02C home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Highland Lakes Ph 02C?
The median sale price in Highland Lakes Ph 02C was $268K over the 12 months ending July 13, 2026 (9 closed sales, Stellar MLS).
How long do homes in Highland Lakes Ph 02C take to sell?
Homes that closed in the 12 months ending July 13, 2026 took a median 75 days on market (9 sales, Stellar MLS).
How many homes are in Highland Lakes Ph 02C?
The Florida DOR 2025 assessment roll shows 218 homes in Highland Lakes Ph 02C (public records).
What share of Highland Lakes Ph 02C is owner-occupied?
79% of Highland Lakes Ph 02C parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Highland Lakes Ph 02C built?
Homes in Highland Lakes Ph 02C were built between 1993 and 2005, with a median year built of 1995.0 (FL DOR 2025 roll).
Do cash buyers compete in Highland Lakes Ph 02C?
Cash buyers took 67% of Highland Lakes Ph 02C sales in the 12 months ending June 2026 (6 of 9 closings, Stellar MLS).
Who is the best real estate agent for Highland Lakes Ph 02C?
The best agent for Highland Lakes Ph 02C is one who actively works Leesburg and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Highland Lakes Ph 02C.
How do I find a top Leesburg real estate agent who knows Highland Lakes Ph 02C?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Highland Lakes Ph 02C and the wider Leesburg area.
Can Momentum Realty connect me with an agent for Highland Lakes Ph 02C?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Highland Lakes Ph 02C purchase or sale - no call center and no pressure.
Owner-occupant buyers seeking a mid-sized single-family home around the mid-$260s who plan to stay putExcellent fit
Value-minded buyers comfortable factoring updates and condition into their offerExcellent fit
Buyers who want time to negotiate rather than compete in a fast marketExcellent fit
Buyers who need to resell quickly or count on rapid price growthProbably not
Anyone wanting brand-new construction or the newest finishesProbably not
Investors looking for high transaction volume and quick turnoverProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 13, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 34748))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2014 (42 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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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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