Selma Homesites
Homes for Sale in Leesburg, FL

Selma Homesites sits in Leesburg, in Lake County, and reads as a low-turnover pocket where individual listings — not market momentum — drive the conversation.

Stellar MLS sales records identify 25 homes in Selma Homesites that have changed hands since 2006, built between 1979 and 2018 (median 1986), with a median living area of about 1,424 sq ft and a typical 3-bedroom, 2-bath layout; 92% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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.

Selma Homesites is too small for its own price trend, so here is the market around it.

In ZIP 34748, 598 homes are on the market and 18% are under contract — a steady corner of Leesburg.

Across Lake County, 3,234 homes are active and 1,077 pending (25% under contract).

In ZIP 34748 (Leesburg), 1,072 homes closed in the last 12 months at a median of $290K ($161/sq ft), down 2.6% year over year, with a median 70 days on market. Right now 240 active and 63 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.

ZIP and county figures describe the wider market, not Selma Homesites specifically. Momentum Research analysis of MLS records.

When closings are this sparse, the usual analytics stop being useful. There isn't enough recent activity to establish a going rate or to say whether the market here favors buyers or sellers. That is not a knock on the area — it is a reason to slow down and look at the actual property in front of you.

For anyone transacting here, the work shifts to fundamentals: pull the specific history on the parcel, evaluate the structure and lot directly, and widen the lens to comparable properties in the surrounding Leesburg market when the immediate street offers too little to work from. This is a place where local legwork beats dashboards.

In a low-turnover pocket, the value we add isn't reciting a median — it's doing the parcel-level homework the data can't do for you. We look at the individual home, pull the surrounding Leesburg and Lake County context, and tell you plainly when there isn't enough here to support a firm number. You get a read grounded in the property, not a headline.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.