HIGHLAND LAKES SUB in LEESBURG

HIGHLAND LAKES SUB
Homes for Sale in LEESBURG, FL

Community in LEESBURG · Lake County · ZIP 32720
382 homesBuilt 1970–2024Median sale $275K
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Live Market Pulse
55/100
Market Heat
Near its long-run normal
2016 → 2026 · 71 at the 2016 peak
0 is HIGHLAND LAKES SUB's coldest market since 2016, 100 its hottest. Today: 55. How it's scored
Built fromLive Stellar MLS data12 years of closingsFL DOR public recordsUpdated twice daily
Live · HIGHLAND LAKES SUB Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$275K
Median sold · 12 mo
down 4.8% vs the prior 12 months
-4.8%
1-yr price change
n = 5 and 10 sales in the two windows
$157/sf
Sold $/sqft · 12 mo
peak $165 in 2024
96.5%
Sale vs ask
Tempo
4.0mo
Supply
3 to 6 months is the balanced band
13days
Median DOM · closed
6 days at the 2022 low
60%
Under contract
Lake: 26% (1,105 of 4,329)
2 · 3
For sale · pending
live counts, refreshed twice daily
5
Sold · last 12 mo
10-yr average: about 5 a year
Ownership and context
80%
Owner-occupied · HIGHLAND LAKES SUB
311 of 389 parcels homesteaded (FL DOR 2025)
20%
Non-owner-occupied · HIGHLAND LAKES SUB
incl. 8% trust or LLC-held · 7% out-of-state
67%
Cash buyers · HIGHLAND LAKES SUB
4 of 6 sales, 12 mo ending June 2026
382
Homes in the community
plus 7 vacant residential lots · 389 residential parcels (FL DOR 2025)
Track record · 12 years of records
Est. 1970
Community established
homes built 1970-2024, median 1995 (FL DOR 2025)
0
Failed listings · 2025
peaked at 2 in 2022
1,632sqft
Median sold home size
12-mo windows, closed sales
1.3%/yr
Turnover rate
about 5 of 382 homes trade a year
HIGHLAND LAKES SUB Housing Pulse · Momentum Research · as of August 2, 2026

HIGHLAND LAKES SUB right now

🟡 Balanced market. 4.0 months of supply and 60% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of August 2, 2026. Confidence: Medium (5 active and pending listings, 5 closed sales in 12 months).

🟡 Off the recent peak. The trailing-12-month median ($275K) is down 4.8% from the prior 12 months ($289K). 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 August 2. Confidence: Low (5 and 10 sales in the two windows).

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

Updated August 2, 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 SUB market snapshot (as of August 2, 2026): the median sale price is about $275K ($157 per sq ft over the trailing 12 months of closed sales), a median 13 days on market for closed sales, and 4.0 months of supply, a balanced market. The trailing-12-month median is down 5% from the prior 12 months, computed from record-level Stellar MLS closed sales (5 closings in the current window).

HIGHLAND LAKES SUB is a community of 382 homes in LEESBURG, Lake County, built between 1970 and 2024 (median 1995.0), with a median living area of about 1,724 square feet. 80% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 11 sales each (5 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 2014 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$150K$200K$250K$300K2014201620182020202220242026
Down 4.8% year over year.
Every sale since 2014 · price vs size
$0$200K$400K1k2k2k
50 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$125$1502014201620182020202220242026
Up from $90 in 2014 to a $165 peak in 2024; $157 now.
Median days on market · closed sales
02550752014201620182020202220242026
6 days at the 2022 low; 13 now.
Sale price vs original ask · median
94%96%98%2014201620182020202220242026
96.5% now.
Homes sold per 12-mo window
05102014201620182020202220242026
0 to 11 a year; 5 in the current window.
Sellers who gave up · failed listings per year
012201220222025
Canceled, expired, or withdrawn. 2 quit in 2022; 0 so far in 2025. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2016202220242026
71 at the 2016 peak, 15 in the troughs, 55 now. Same score as the hero card, full history.

HIGHLAND LAKES SUB Market Scorecard

Buyer's market

HIGHLAND LAKES SUB is currently a buyer's market. About 6.9 months of supply, a median asking price of $314,948, and homes go under contract in about 70 days.

6.9
Months supply
$314,948
Median list
$275,000
Median sold
$152
Per sqft
70
Days on mkt
4/1/7
Active/Pend/Sold

Typical home value in the 34748 ZIP is $274,372, about 2.2% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in HIGHLAND LAKES SUB, LEESBURG

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

Active inventory in distress
0.0%
0 of 19 listings
Distress share trend - 0.0% now (2026-08-12 → 2026-08-18)

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.

Homes For Sale Right Now in HIGHLAND LAKES SUB

Live MLS inventory for HIGHLAND LAKES SUB. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending HIGHLAND LAKES SUB listings as of 2026-08-22, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2014 through 2026. Tap any home to ask about it.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • Lake County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Umatilla Elem · Elementary
  • Umatilla Middle · Middle
  • Umatilla High · High

Zoned schools reflect the assignments reported on recent HIGHLAND LAKES SUB listings and can change; always confirm with Lake County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any HIGHLAND LAKES SUB address.

If we were buying in HIGHLAND LAKES SUB 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 SUB.

A closer look at the HIGHLAND LAKES SUB market

At a median of $157 per square foot, HIGHLAND LAKES SUB prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

Inventory runs at 4.0 months of supply, a balanced market and the trailing-12-month median down 5% year over year. Homes that do trade take a median 13 days on market, useful leverage on any listing that has lingered.

The housing stock is 382 homes built between 1970 and 2024, and 80% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in HIGHLAND LAKES SUB. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
6.6B- · Buy Score
Recent Direction4.8/10
Liquidity & Demand6.0/10
Owner Commitment8.0/10
Pricing Power7.7/10

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 4 factors (6.6). Basis: Recent Direction -4.8% year-over-year; Liquidity & Demand 4.0 months of supply; Owner Commitment 80% owner-occupied; Pricing Power 96.5% sale-to-list. Refreshed with each data update.

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 SUB sales matched to your home.

What is your HIGHLAND LAKES SUB home worth?

Get a no-obligation home value based on real comparable sales in HIGHLAND LAKES SUB, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in HIGHLAND LAKES SUB on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in HIGHLAND LAKES SUB?
The median sale price in HIGHLAND LAKES SUB was $275K over the 12 months ending August 2, 2026 (5 closed sales, Stellar MLS).
How long do homes in HIGHLAND LAKES SUB take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 13 days on market (5 sales, Stellar MLS).
Is HIGHLAND LAKES SUB a buyer's or seller's market right now?
As of August 2, 2026, HIGHLAND LAKES SUB is roughly balanced: 4.0 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in HIGHLAND LAKES SUB?
The Florida DOR 2025 assessment roll shows 382 homes plus 7 vacant residential lots in HIGHLAND LAKES SUB (public records).
What share of HIGHLAND LAKES SUB is owner-occupied?
80% of HIGHLAND LAKES SUB 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 SUB built?
Homes in HIGHLAND LAKES SUB were built between 1970 and 2024, with a median year built of 1995.0 (FL DOR 2025 roll).
Do cash buyers compete in HIGHLAND LAKES SUB?
Cash buyers took 67% of HIGHLAND LAKES SUB sales in the 12 months ending June 2026 (4 of 6 closings, Stellar MLS).
Who is the best real estate agent for HIGHLAND LAKES SUB?
The best agent for HIGHLAND LAKES SUB 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 SUB.
How do I find a top LEESBURG real estate agent who knows HIGHLAND LAKES SUB?
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 SUB and the wider LEESBURG area.
Can Momentum Realty connect me with an agent for HIGHLAND LAKES SUB?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your HIGHLAND LAKES SUB purchase or sale - no call center and no pressure.

Nearby Communities

Explore more neighborhoods near HIGHLAND LAKES SUB with Momentum Realty’s local guides.

Highland Lakes Leesburg0.5 mi awayLegacy Of Leesburg Leesburg0.8 mi awayLegacy Leesburg Un 7 Leesburg0.8 mi awayWindsong At Leesburg Leesburg1.0 mi awayLakes Spgs Sub Yalaha1.2 mi awaySMStone Mountain Estates Yalaha1.3 mi awayLegacy Leesburg Leesburg1.3 mi awayHeritage The Cottages Of Sanders Grove Okahumpka1.3 mi away

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: August 2, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (9 streets, ZIP 32720/34748))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2014 (50 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.

Own a home here?

You just read the data. Now see what your home is worth.

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.

Looking to buy here? Search homes for sale →

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CallFree valuation →
Thinking of selling in HIGHLAND LAKES SUB? 5 recorded closings; median 13 days on market (window ending 2026-08-02). See the Lake County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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