PARK HILL PH 02
Homes for Sale in LEESBURG, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Park Hill Ph 02 is a newer-construction pocket in Leesburg, with a median build year of 2020 and homes running from 2007 through 2022. That recency is the story on price: at a median of $295,900 and about $159 per square foot, you're paying for modern floor plans and low deferred maintenance rather than location premium. With a median around 1,928 square feet, the value proposition is space and condition, not square-footage scarcity.
A median 43 days on market puts this at a measured pace — not a bidding-war environment, but not stagnant either. Buyers have room to inspect and negotiate; sellers should price to the recent condition-driven comps and expect the home to sit several weeks before it moves. The high homestead share, roughly three-quarters of homes, points to an owner-occupied community rather than an investor churn.
The 60-Second Overview
PARK HILL PH 02 market snapshot (as of August 2, 2026): the median sale price is about $296K ($159 per sq ft over the trailing 12 months of closed sales), and a median 43 days on market for closed sales.
PARK HILL PH 02 is a community of 277 homes in LEESBURG, Lake County, built between 2005 and 2022 (median 2018), with a median living area of about 2,078 square feet. 74% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Park Hill Ph 02 is a compact, largely built-out subdivision of 164 homes in Leesburg's Lake County market, weighted toward construction from the last several years. It reads as a settled, owner-occupied enclave rather than a speculative one.
Who PARK HILL PH 02 is best for.
Best for
- Owner-occupants targeting a low-$300s budget who want a move-in-ready, recently built home
- Buyers who value modern floor plans and current systems over an established, mature setting
- Long-hold buyers comfortable with a measured, roughly 43-day market pace
Probably not for
- Investors seeking rapid turnover in a mostly owner-occupied subdivision
- Buyers needing to resell quickly, given the limited recent-sales depth
- Anyone set on older, character-heavy homes rather than newer construction
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending August 2 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($296K) IS the median in the snapshot above.
Windows contain 0 to 8 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 2009 through 2026. Deemed reliable but not guaranteed.
19% of homes for sale in ZIP 34748 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-01).
The PARK HILL PH 02 buying strategy.
If we were buying in PARK HILL PH 02 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 PARK HILL PH 02.
What the numbers actually tell you
The build range spans 2007 to 2022, but the median year of 2020 tells you the bulk of inventory here is recent. For a buyer, that means fewer immediate capital projects — roofs, systems, and finishes are generally current — and it explains why the per-square-foot figure holds near $159 on a median just under $296,000. Price movement in a community like this tends to track condition and finish level more than any single amenity.
With only a handful of closings in the recent window, individual sales carry outsized weight in the median, so treat the figures as a snapshot rather than a trend line. The 43-day median suggests properties that are priced correctly and presented well clear in a reasonable window; those that aren't will linger. The roughly 76% homestead share reinforces the owner-occupied character and typically means less turnover-driven volatility.
The location and the amenities are priced into every listing in PARK HILL PH 02. 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 PARK HILL PH 02 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 (7.6). Basis: Long-Term Appreciation +85% since 2012; Owner Commitment 74% owner-occupied; Pricing Power 98.6% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a small community with a thin recent-sales window, the median can swing on one or two closings, so pricing has to come from a careful read of condition and finish rather than a headline number. We work these Lake County submarkets closely and will tell you when a listing is priced to the community's reality — and when it is chasing a comp that doesn't apply to your home.
PARK HILL PH 02 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 PARK HILL PH 02 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 PARK HILL PH 02 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in PARK HILL PH 02, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your PARK HILL PH 02 home worth?
Get a no-obligation home value based on real comparable sales in PARK HILL PH 02, 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 PARK HILL PH 02?
How long do homes in PARK HILL PH 02 take to sell?
How many homes are in PARK HILL PH 02?
What share of PARK HILL PH 02 is owner-occupied?
When were the homes in PARK HILL PH 02 built?
Do cash buyers compete in PARK HILL PH 02?
Have PARK HILL PH 02 home prices gone up?
Who is the best real estate agent for PARK HILL PH 02?
How do I find a top LEESBURG real estate agent who knows PARK HILL PH 02?
Can Momentum Realty connect me with an agent for PARK HILL PH 02?
Should you buy in PARK HILL PH 02?
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 August 2, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (6 streets, ZIP 34748)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2009 (61 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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See how PARK HILL PH 02 fits the bigger picture — live prices, inventory, and Momentum Scores: