Silver Lake Forest Ph 02
Homes for Sale in Leesburg, FL
True comps, carrying-cost math, and listings before the portals.
Silver Lake Forest Ph 02 in Leesburg is a built-out pocket of 117 homes dating from 1987 into 2022, with a median year built of 1994. That range means buyers are comparing original-condition homes against more recently updated ones, and that spread is the main driver of price variation here rather than any single feature or amenity package.
At a median of $400,000 and roughly 25 days on market over the last six closings tracked, this is a community that moves at a steady, unhurried pace. With homestead share at 73.5%, a solid majority of owners have filed for the exemption, pointing to longer-term occupancy rather than a market dominated by short-term resale or investment turnover.
The 60-Second Overview
Silver Lake Forest Ph 02 market snapshot (as of July 15, 2026): the median sale price is about $400K ($194 per sq ft over the trailing 12 months of closed sales), and a median 26 days on market for closed sales.
Silver Lake Forest Ph 02 is a community of 117 homes in Leesburg, Lake County, built between 1987 and 2022 (median 1994), with a median living area of about 1,820 square feet. 74% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Silver Lake Forest Ph 02 is an established Leesburg neighborhood where homes built between 1987 and 2022 sit on a median living area of 1,820 square feet, giving buyers a mix of eras to choose from within one community.
Who Silver Lake Forest Ph 02 is best for.
Best for
- Buyers targeting a median-range purchase near $400,000 in Leesburg with flexibility on home age
- Buyers who want to inspect and compare condition across an established community rather than a single-phase new build
- Buyers planning longer-term occupancy, consistent with the area's 73.5% homestead share
Probably not for
- Buyers who need a guaranteed like-new build with no condition variables to research
- Buyers expecting community amenities as part of the purchase, since none are identified from current MLS listings
- Buyers on a tight timeline who cannot allow time to compare homes across the 1987-2022 build range
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 ($400K) IS the median in the snapshot above.
Windows contain 0 to 6 sales each (6 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 Silver Lake Forest Ph 02 buying strategy.
If we were buying in Silver Lake Forest 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 Silver Lake Forest Ph 02.
Reading the condition spread
With a median year built of 1994 inside a broader 1987-2022 range, this community includes both original-era homes and newer construction. That gap matters more here than in a single-phase build, since a buyer's inspection and renovation budget will vary widely depending on which end of that timeline a specific home falls on.
The median price per square foot of $194.10 gives a useful baseline for comparing listings, but it should be read alongside condition and update history rather than treated as a flat number that applies evenly across all 117 homes. Sellers with updated interiors have room to price above that baseline; sellers of unrenovated original homes should expect the number to work against them.
The location and the amenities are priced into every listing in Silver Lake Forest Ph 02. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community spanning three-plus decades of construction, knowing which homes have been updated and which haven't is the difference between a fair offer and an overpay. We track that distinction closing by closing, not just at the median.
Silver Lake Forest 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 Silver Lake Forest 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 Silver Lake Forest 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 Silver Lake Forest 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 Silver Lake Forest Ph 02 home worth?
Get a no-obligation home value based on real comparable sales in Silver Lake Forest 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 Silver Lake Forest Ph 02?
How long do homes in Silver Lake Forest Ph 02 take to sell?
How many homes are in Silver Lake Forest Ph 02?
What share of Silver Lake Forest Ph 02 is owner-occupied?
When were the homes in Silver Lake Forest Ph 02 built?
Do cash buyers compete in Silver Lake Forest Ph 02?
Who is the best real estate agent for Silver Lake Forest Ph 02?
How do I find a top Leesburg real estate agent who knows Silver Lake Forest Ph 02?
Can Momentum Realty connect me with an agent for Silver Lake Forest Ph 02?
Should you buy in Silver Lake Forest 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 July 15, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (3 streets, ZIP 34788)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2004 (58 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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