LEESBURG PALMORA PARK in LEESBURG

LEESBURG PALMORA PARK
Homes for Sale in LEESBURG, FL

Community in LEESBURG · Lake County · ZIP 34748
33 homesBuilt 1912–2005
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Built fromLive Stellar MLS data11 years of closingsFL DOR public recordsUpdated twice daily
Live · LEESBURG PALMORA PARK Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
12.0mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Lake: 26% (1,105 of 4,329)
1 · 0
For sale · pending
live counts, refreshed twice daily
1
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
76%
Owner-occupied · LEESBURG PALMORA PARK
25 of 33 parcels homesteaded (FL DOR 2025)
24%
Non-owner-occupied · LEESBURG PALMORA PARK
incl. 12% trust or LLC-held · 3% out-of-state
40%
Cash buyers · LEESBURG PALMORA PARK
2 of 5 sales, 12 mo ending June 2024
33
Homes in the community
33 residential parcels (FL DOR 2025)
Track record · 11 years of records
Est. 1912
Community established
homes built 1912-2005, median 1947 (FL DOR 2025)
0
Failed listings · 2024
peaked at 3 in 2017
3.0%/yr
Turnover rate
about 1 of 33 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Palmora Park is a small, older pocket of Leesburg - 33 homes total, with a median year built of 1947 and a construction span running from 1912 to 2005. That age spread is the real story here: pricing in this community is going to be driven far more by individual condition, updates, and lot specifics than by any broad neighborhood trend, because you're comparing a home built in the 1910s against one built in the 2000s under the same community name.

With only one active listing and just one closing in the most recent tracked window, this is a thin, low-volume market to read. Twelve months of supply puts it solidly in buyer-leaning territory, but with a pool this small, that figure reflects the pace of a handful of transactions rather than a deep, liquid market. Buyers get room to negotiate on terms and inspection findings; sellers need patience and a clear-eyed pricing strategy since there is little recent comparable activity to lean on.

LEESBURG PALMORA PARK Housing Pulse · Momentum Research · as of August 2, 2026

LEESBURG PALMORA PARK right now

🟢 Buyer-leaning market. 12.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.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: Low (1 active and pending listings, 1 closed sales in 12 months).

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

A compact, established section of Leesburg where the housing stock itself - built across nearly a century, with a typical home around 1,870 square feet - does more to set value than any market-wide trend.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • A buyer looking for an older, established home in Leesburg and comfortable doing careful condition and systems due diligence.
  • Someone prioritizing a specific house and lot over neighborhood amenities, since none are currently identified here.
  • A buyer with flexibility on timeline, given how few listings and closings are moving through this community.

Probably not for

  • Buyers who want a newer-construction home with consistent, predictable systems across the community.
  • Anyone relying on a deep set of recent comparable sales to guide an offer - the current data set is very thin.
  • Buyers who want on-site community amenities as part of the purchase decision.

The market around LEESBURG PALMORA PARK

LEESBURG PALMORA PARK is a small community — 9 recorded sales on file, most recently in 2024 — too few for its own price trend. Here is the market around it.

In ZIP 34748, 604 homes are on the market and 19% are under contract — a steady corner of LEESBURG.

Across Lake County, 3,224 homes are active and 1,105 pending (26% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not LEESBURG PALMORA PARK specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in LEESBURG PALMORA PARK, 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 11 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 LEESBURG PALMORA PARK

Live MLS inventory for LEESBURG PALMORA PARK. 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 LEESBURG PALMORA PARK listings as of 2026-08-21, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2015 through 2026. Tap any home to ask about it.

If we were buying in LEESBURG PALMORA PARK 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

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

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 LEESBURG PALMORA PARK.

Best Buy
Buyers who want an older, established pocket of Leesburg and are prepared to evaluate each home on its own condition and vintage.
Biggest Risk
With only one active listing and one recent closing, there is very little current data to benchmark pricing against.
Sweet Spot
A single-family home in the 1,800-to-1,900-square-foot range with clear documentation of its age and any updates.
Avoid If
You need community amenities or a large, active pool of comparable listings to shop against - neither exists here right now.

A Century of Housing Stock in One Small Pocket

The defining fact about Palmora Park is its age range: homes here were built anywhere from 1912 to 2005, with a median build year of 1947. That means two houses on the same street can represent entirely different construction eras, systems, and renovation histories. For buyers, this makes a thorough, home-by-home evaluation more important than a neighborhood-level read - the same square footage can carry very different maintenance and updating needs depending on vintage.

The community is also small - 33 homes in total - and current MLS data shows no identified community amenities, so this is a housing-stock play rather than an amenities-driven one. A homestead share of just over 75% suggests a base of longer-term ownership rather than a rotating rental or investor pool, which tends to support a more settled, lower-turnover character even when active inventory is scarce, as it is now with a single listing on the market.

The location and the amenities are priced into every listing in LEESBURG PALMORA PARK. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market this thin - one active listing, one closing in the last tracked window - there is no substitute for knowing how to evaluate a specific house against its true construction era rather than a neighborhood average. We walk buyers through what a 1910s-to-1940s build typically needs versus a more recent one, and we help sellers price against real, if scarce, comparable activity instead of guesswork.

LEESBURG PALMORA PARK in 15 seconds.

Best forBuyers who want an older, established pocket of Leesburg and are prepared to evaluate each home on its own condition and vintage.
Biggest advantageA buyer-leaning posture and elevated months of supply give buyers room to negotiate on price and terms.
Biggest riskWith only one active listing and one recent closing, there is very little current data to benchmark pricing against.
Sweet spotA single-family home in the 1,800-to-1,900-square-foot range with clear documentation of its age and any updates.
Avoid ifYou need community amenities or a large, active pool of comparable listings to shop against - neither exists here right now.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • 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 LEESBURG PALMORA PARK sales matched to your home.

What is your LEESBURG PALMORA PARK home worth?

Get a no-obligation home value based on real comparable sales in LEESBURG PALMORA PARK, 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 LEESBURG PALMORA PARK on the map →

Real comps, not an automated estimate.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Lake County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,201/mo
Lake County typical true cost to own
$146/mo
Lake County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

LEESBURG PALMORA PARK Market Scorecard

Buyer's market

LEESBURG PALMORA PARK is currently a buyer's market. About 6.0 months of supply, a median asking price of $1,775,000, and homes go under contract in about 80 days.

6.0
Months supply
$1,775,000
Median list
$307,000
Median sold
$318
Per sqft
80
Days on mkt
1/0/2
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.

Frequently Asked Questions

Is LEESBURG PALMORA PARK a buyer's or seller's market right now?
As of August 2, 2026, LEESBURG PALMORA PARK leans toward buyers: 12.0 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in LEESBURG PALMORA PARK?
The Florida DOR 2025 assessment roll shows 33 homes in LEESBURG PALMORA PARK (public records).
What share of LEESBURG PALMORA PARK is owner-occupied?
76% of LEESBURG PALMORA PARK parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in LEESBURG PALMORA PARK built?
Homes in LEESBURG PALMORA PARK were built between 1912 and 2005, with a median year built of 1947 (FL DOR 2025 roll).
Do cash buyers compete in LEESBURG PALMORA PARK?
Cash buyers took 40% of LEESBURG PALMORA PARK sales in the 12 months ending June 2024 (2 of 5 closings, Stellar MLS).
Who is the best real estate agent for LEESBURG PALMORA PARK?
The best agent for LEESBURG PALMORA PARK 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 LEESBURG PALMORA PARK.
How do I find a top LEESBURG real estate agent who knows LEESBURG PALMORA PARK?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows LEESBURG PALMORA PARK and the wider LEESBURG area.
Can Momentum Realty connect me with an agent for LEESBURG PALMORA PARK?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your LEESBURG PALMORA PARK purchase or sale - no call center and no pressure.
A buyer looking for an older, established home in Leesburg and comfortable doing careful condition and systems due diligence.Excellent fit
Someone prioritizing a specific house and lot over neighborhood amenities, since none are currently identified here.Excellent fit
A buyer with flexibility on timeline, given how few listings and closings are moving through this community.Excellent fit
Buyers who want a newer-construction home with consistent, predictable systems across the community.Probably not
Anyone relying on a deep set of recent comparable sales to guide an offer - the current data set is very thin.Probably not
Buyers who want on-site community amenities as part of the purchase decision.Probably not

Nearby Communities

Explore more neighborhoods near LEESBURG PALMORA PARK with Momentum Realty’s local guides.

Arbors Of Lake Harris Leesburg0.4 mi awayLeesburg Arbors Lake Harris Leesburg0.5 mi awayLeesburg Floradel Leesburg0.5 mi awayLPLeesburg Palmora Green Sub Leesburg0.5 mi awayLeesburg Meadows Leesburg Leesburg0.6 mi awayLGLeesburg Gamble Cottrell Leesburg0.7 mi awayLeesburg Hansons Sub Leesburg0.7 mi awayLeesburg School View Leesburg0.7 mi away

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: August 2, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2015 (20 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.

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CallFree valuation →
Thinking of selling in LEESBURG PALMORA PARK? 1 recorded closings (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.

More Leesburg & Lake County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Lake County or the full Neighborhood Finder.

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