Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173
Homes for Sale in Leesburg, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
This is a tightly-defined pocket of Royal Highlands in Leesburg: 162 homes, built in a narrow window between 2001 and 2010, with a median build year right around 2004. When the housing stock is this consistent in age and size — the median sits near 1,893 square feet — price is driven far less by which floor plan you buy and far more by condition and updates. Expect a wide spread around the $320,000 median for that reason: a renovated interior commands a premium, a dated one trades below.
Posture right now is balanced. A market heat score of 50 and a median of just under 20 days on market tell you homes that are priced correctly move at a reasonable clip, but nothing is being panic-bought. Year-over-year price change is flat, so sellers should not assume last year's comps have grown, and buyers are not walking into a bidding frenzy. The high homestead share — roughly 83 percent — signals a stable, owner-occupied inventory rather than a churn of investor flips, which tends to keep listing volume measured.
Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173 right now
🟡 Off the recent peak. The trailing-12-month median ($320K) is down 0.8% from the prior 12 months ($322K). With about 5 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 15. Confidence: Medium (10 and 6 sales in the two windows).
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Updated July 15, 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
Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173 market snapshot (as of July 15, 2026): the median sale price is about $320K ($167 per sq ft over the trailing 12 months of closed sales), and a median 20 days on market for closed sales. The trailing-12-month median is down 1% from the prior 12 months, computed from record-level Stellar MLS closed sales (10 closings in the current window).
Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173 is a community of 162 homes in Leesburg, Lake County, built between 2001 and 2010 (median 2004.0), with a median living area of about 1,893 square feet. 83% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
A small, age-consistent enclave within Royal Highlands where homes cluster around 1,893 square feet and the 2001–2010 build era. With so little variation in the housing itself, condition is what separates one price from the next.
Who Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173 is best for.
Best for
- Buyers targeting a roughly 1,900-square-foot single-story home in the low-$300s who value predictability
- Owner-occupants who want a stable, low-turnover community rather than an investor-heavy one
- Value-minded buyers willing to renovate a dated home and price the work in upfront
Probably not for
- Buyers counting on strong short-term appreciation given the flat year-over-year reading
- Anyone wanting a broad menu of home sizes, ages, or architectural styles
- Investors seeking quick flips in a market where most homes are owner-occupied and turnover is low
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($320K) IS the median in the snapshot above, and the move from 2025 ($322K) IS the -0.8% one-year change.
Windows contain 0 to 12 sales each (10 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.
The Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173 buying strategy.
If we were buying in Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173 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 Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173.
Why condition is the whole ballgame here
When you strip away the usual variables — homes here are close in age, close in size, and drawn from a single decade of construction — the pricing question narrows to one thing: has the home been updated or not. At roughly $167 per square foot on the median, there is room on both sides of that number depending on kitchens, baths, roofs, and mechanicals. Buyers should underwrite the cost of any deferred work before assuming a below-median list is a bargain.
The flat year-over-year reading matters for strategy. It means recent comps are your comps — there is no growth trend to lean on when justifying an aggressive price. Sellers who prep and price to the market are the ones clearing at that sub-20-day pace; those who reach past it tend to sit. With about 83 percent of homes homesteaded, turnover is modest, so well-presented listings do not have to compete against a flood of similar inventory.
The location and the amenities are priced into every listing in Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173. 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 Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173 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 (6.3). Basis: Recent Direction -0.8% year-over-year; Owner Commitment 83% owner-occupied; Pricing Power 92.3% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market this uniform, the edge is in reading condition against price — knowing which updates the local buyer actually pays for and which ones don't move the needle. We price to the flat comps rather than a hoped-for trend, and we help buyers separate a genuine value from a home that simply carries hidden work. That is the difference between clearing near the 20-day median and stalling.
Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173 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 Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173 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 Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173 home worth?
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Frequently Asked Questions
What is the median home price in Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173?
How long do homes in Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173 take to sell?
How many homes are in Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173?
What share of Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173 is owner-occupied?
When were the homes in Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173 built?
Do cash buyers compete in Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173?
Who is the best real estate agent for Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173?
How do I find a top Leesburg real estate agent who knows Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173?
Can Momentum Realty connect me with an agent for Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173?
Should you buy in Royal Highlands Ph 02 Lt 992 Orb 1976 Pg 173?
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 July 15, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (5 streets, ZIP 34748)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2014 (55 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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