South
Homes for Sale in Leesburg, FL
All 693 homes for sale in Leesburg, FL · median $284,900 · Lake County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of November 2026, South in Leesburg, FL has 1 home for sale. As of November 2026, the MLS records 1 closed sale in South in Leesburg, FL, the most recent in May 2026. Across Leesburg as a whole, 1,169 homes closed in the last 12 months at a median of $272,000, 73 median days on market, with 630 homes for sale today. At that median and Lake County's FY2025-26 rate of 16.65 mills, annual property tax runs about $4,530 ($3,860 with the full homestead exemption).
In South, price is a condition story, not a location story. With a single active listing on the market, there is no deep pool of comparables to anchor expectations, so what a home trades for here will hinge heavily on its own condition, updates, and layout rather than a tidy neighborhood pattern.
The posture is clearly buyer-leaning. At 12 months of supply as of August 2026, inventory is sitting far longer than a balanced market would absorb. For a buyer, that means time and leverage to negotiate. For a seller, it means pricing honestly from day one and preparing the home to compete, because there is no momentum doing the work for you.
Figures in this note are as of October 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
South right now
🟢 Buyer-leaning market. 12.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of August 10, 2026. Confidence: Low (1 active and pending listings, 0 closed sales in 12 months).
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· Updated November 8, 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
South is a thin, slow-moving corner of the Leesburg market in Lake County, with just one home currently listed and supply running heavily in buyers' favor. Treat it as a patient market rather than a fast one.
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.
Who South is best for.
Best for
- Buying to hold for the long term, where a slow resale market is not a concern
- Buyers who want negotiating room and time to inspect without competition
- Buying a specific home on its own merits rather than a shared-amenity lifestyle
Probably not for
- Needing a fast sale or a predictable exit timeline
- Buyers who want a shared-amenity community, since none is identified here
- Relying on a deep pool of recent comparables to validate pricing
The market around South
South is too small for its own price trend, so here is the market around it.
In ZIP 34737, 83 homes are on the market and 19% are under contract — a steady corner of Leesburg.
Across Lake County, 3,117 homes are active and 1,113 pending (26% under contract).
In ZIP 34737 (Leesburg), 49 homes closed in the last 12 months at a median of $387K ($166/sq ft), down 0.9% year over year, with a median 86 days on market. Right now 7 active and 2 pending listings. See the live ZIP 34737 housing market and the Lake County market.
ZIP and county figures describe the wider market, not South specifically. Momentum Research analysis of MLS records.
The South buying strategy.
If we were buying in South 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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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 South.
A thin market that rewards patience
With one active listing and 12 months of supply, South is the kind of micro-market where a single sale can move the whole picture. There is no identified amenity package in the current MLS data, so a buyer is purchasing the house and its immediate setting, not a roster of shared facilities. That keeps the decision grounded in the property itself.
The upside of a market this quiet is that nothing is rushed. Buyers can take the time to inspect, negotiate, and walk away if the numbers don't work. Sellers, by contrast, need realistic expectations on timeline and a listing that stands out on condition, since there is little surrounding activity to pull an under-prepared home across the finish line.
The location and the amenities are priced into every listing in South. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
A market with one listing and 12 months of supply doesn't forgive guesswork. We read the Stellar MLS data straight, price to the condition of the actual home rather than a wished-for number, and tell you plainly when the timeline or the leverage doesn't favor the move you're trying to make.
South in 15 seconds.
Tools for a South 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 South sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in South, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your South home worth?
Get a no-obligation home value based on real comparable sales in South, 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 all homes for sale in Leesburg →
Recently off market in SOUTH
Homes in SOUTH that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 2700 Westside Drive · off market
More Leesburg home searches
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- Leesburg home values: what is my house worth?
Leesburg guides & data
- Market data
- Cost of living
- Best neighborhoods
- Flood zones
- Property taxes (Lake County)
- Homestead exemption (Lake County)
- Home insurance cost
- New construction
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
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Email me new listings in South
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about South
Have a question about the homes, fees, rules or commute here? A Momentum agent who works South will answer, and the answer is published on this page for the next buyer.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Lake County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Lake County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Frequently Asked Questions
Is South a buyer's or seller's market right now?
Who is the best real estate agent for South?
How do I find a top Leesburg real estate agent who knows South?
Can Momentum Realty connect me with an agent for South?
Where is South, and what county is it in?
Should you buy in South?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: October 26, 2026) |
| Under-contract shares | Stellar MLS records, as of 2026-08-10 |
| Historical depth | Closed-sale records back to 2026 (1 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. A Momentum agent can price yours against live local comps.
Looking to buy here? Search homes for sale →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how SOUTH fits the bigger picture — live prices, inventory, and Momentum Scores: