Pennbrooke
Homes for Sale in Leesburg, FL
All 629 homes for sale in LEESBURG, FL · median $285,000 · 474 homes for sale in 34748 · Lake County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Over the 12 months ending 2026-08-02, 24 recorded sales closed at a median of $252,500, $164 per square foot, a median 79 days on market, sellers accepting 96% of original asking (+17% versus the prior year). At the median price and Lake County's FY2025-26 rate of 16.65 mills, annual property tax runs about $4,200 ($3,530 with the full homestead exemption).
Part of Pennbrooke, Leesburg, FL — see all Pennbrooke homes for sale (5 listings across 6 sections in the MLS).
Pennbrooke is a 321-home section in Leesburg where the homes were built between 1987 and 2012, with the middle of the pack dating to the early 1990s. The single price signal we have is the median, and with a median living area around 1,192 square feet, this is a compact-footprint community. Price here is driven by condition and updates more than by size, because the floor plans don't vary as widely as a mixed-era subdivision would.
About 63% of homes carry a homestead exemption, which points to a stable ownership base and a measured pace of turnover rather than heavy investor churn. For a buyer, that usually means fewer listings and less negotiating theater; for a seller, it means your comps lean on condition, so the updated homes set the ceiling and the deferred-maintenance ones set the floor. Price the work honestly and the home moves.
Pennbrooke right now
🟢 Still climbing. The trailing-12-month median ($252K) is up 16.9% from the prior 12 months ($216K) and up 181% since 2012. With about a dozen 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: Medium (24 and 10 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 19, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Nearby homes for sale
No active listings inside PENNBROOKE PH 1A right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Pennbrooke market snapshot (as of August 2, 2026): the median sale price is about $252K ($164 per sq ft over the trailing 12 months of closed sales), and a median 80 days on market for closed sales. The trailing-12-month median is up 17% from the prior 12 months and up 181% since 2012, computed from record-level Stellar MLS closed sales (24 closings in the current window).
In ZIP 34748 (LEESBURG), 1,080 homes closed in the last 12 months at a median of $290K ($160/sq ft), down 2.4% year over year, with a median 70 days on market. Right now 244 active and 62 pending listings put supply at about 5.0 months — a buyer's market. See the live ZIP 34748 housing market and the Lake County market.
Pennbrooke is a community of 1,195 homes in Leesburg, Lake County, built between 1987 and 2012 (median 2000), with a median living area of about 1,607 square feet. 76% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
This is an established, tightly-sized Leesburg community with a long build window and a settled ownership base — a place where updates and upkeep, not square footage, separate one listing from the next.
Who Pennbrooke is best for.
Best for
- Buyers seeking a smaller, lower-footprint home in an established Leesburg setting
- Value-minded buyers willing to update an older home to build equity through condition
- Buyers who want a settled, low-turnover community and are patient on inventory
Probably not for
- Buyers who need substantial living space above the roughly 1,192-square-foot median
- Buyers wanting a fully renovated, no-work-needed home with no budget for systems
- Investors expecting rapid turnover and a deep flow of listings to choose from
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 ($252K) IS the median in the snapshot above, and the move from 2025 ($216K) IS the +16.9% one-year change.
Windows contain 1 to 53 sales each (24 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 2004 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 Pennbrooke buying strategy.
If we were buying in Pennbrooke 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 Pennbrooke.
A condition-driven market
With a build range spanning 1987 to 2012 and a median living area near 1,192 square feet, Pennbrooke reads as a consistent, modest-footprint community. When homes are this similar in scale, the market stops paying for size and starts paying for kitchens, roofs, HVAC age, and finishes. Two homes on the same street can sit far apart in value purely on what has been touched since the original build.
The older 1987-era homes and the newer 2012 builds live under the same address, so due diligence matters. Ask when the roof and systems were last replaced, and read the median build year — the early 1990s — as your baseline for what a typical home here has already lived through. Buyers who understand deferred maintenance can find real value; buyers expecting turnkey everything should budget for the difference.
The location and the amenities are priced into every listing in Pennbrooke. 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 Pennbrooke 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 4 factors (8.7). Basis: Long-Term Appreciation +181% since 2012; Recent Direction +16.9% year-over-year; Owner Commitment 76% owner-occupied; Pricing Power 95.5% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market this condition-sensitive, the comp that matters is the one that matches your home's actual updates — not just its square footage or street. We price off what's been done and what hasn't, tell sellers where the pre-list dollars pay back, and help buyers separate a fair fixer from an overpriced one. That's the whole job in a community like Pennbrooke.
Pennbrooke in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Pennbrooke 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 Pennbrooke sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Pennbrooke, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Pennbrooke home worth?
Get a no-obligation home value based on real comparable sales in Pennbrooke, 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 Pennbrooke on the map →
Frequently Asked Questions
What is the median home price in Pennbrooke?
How long do homes in Pennbrooke take to sell?
How many homes are in Pennbrooke?
What share of Pennbrooke is owner-occupied?
When were the homes in Pennbrooke built?
Do cash buyers compete in Pennbrooke?
Have Pennbrooke home prices gone up?
Who is the best real estate agent for Pennbrooke?
How do I find a top Leesburg real estate agent who knows Pennbrooke?
Can Momentum Realty connect me with an agent for Pennbrooke?
Where is Pennbrooke, and what county is it in?
Is Pennbrooke a good place to live?
Should you buy in Pennbrooke?
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 assessment roll (street-list match (27 streets, ZIP 34748)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2004 (541 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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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.
See how PENNBROOKE PH 1A fits the bigger picture — live prices, inventory, and Momentum Scores:
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