Summit Square
Homes for Sale in Leesburg, FL
All 632 homes for sale in Leesburg, FL · median $285,000 · 141 homes for sale in 34788 · Lake County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 12 closed sales in Summit Square in Leesburg, FL since 2004, the most recent in March 2026. Across Leesburg as a whole, 836 homes closed in the last 12 months at a median of $282,000, 71 median days on market, with 305 homes for sale today. At that median and Lake County's FY2025-26 rate of 16.65 mills, annual property tax runs about $4,690 ($4,020 with the full homestead exemption).
Summit Square is a small pocket of Leesburg in Lake County, and with a snapshot this thin, the honest read is that price here is set at the individual home level — condition, lot, and how recently a place was updated will move a number more than any neighborhood trend line. Treat each listing on its own merits rather than assuming a community-wide price.
For buyers, that means the work is in the walkthrough: compare like-for-like, and don't overpay for cosmetic updates that are easy to replicate. For sellers, presentation and condition are the levers you actually control here, and they matter more than waiting on the market to lift your price for you.
Nearby homes for sale
No active listings inside Summit SquareHomes for Sale in Leesburg, FL 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
Summit Square sits in Leesburg, within Lake County's Central Florida market. It's a defined community rather than a sprawling master-plan, so pricing tends to track the specific home more than any single headline figure.
Stellar MLS sales records identify 15 homes in Summit Square that have changed hands since 2009, built between 1986 and 1989 (median 1988), with a median living area of about 1,470 sq ft and a typical 3-bedroom, 2-bath layout; 100% 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.
Who Summit Square is best for.
Best for
- Buyers targeting a particular home in Leesburg who will do the condition homework
- Owner-occupants planning to stay long enough that short-term liquidity doesn't matter
- Value-minded buyers comfortable pricing off condition and surrounding-area comps
Probably not for
- Buyers who need a deep, always-on inventory to choose from
- Investors counting on quick turnover or a liquid resale market
- Anyone who wants a clean, single price benchmark before committing
The market around Summit Square
Summit Square is too small for its own price trend, so here is the market around it.
In ZIP 34788, 178 homes are on the market and 16% are under contract — a slower corner of Leesburg.
Across Lake County, 3,179 homes are active and 1,077 pending (25% under contract).
In ZIP 34788 (Leesburg), 330 homes closed in the last 12 months at a median of $250K ($160/sq ft), down 2.7% year over year, with a median 69 days on market. Right now 81 active and 22 pending listings put supply at about 4.2 months — a buyer's market. See the live ZIP 34788 housing market and the Lake County market.
ZIP and county figures describe the wider market, not Summit Square specifically. Momentum Research analysis of MLS records.
The Summit Square buying strategy.
If we were buying in Summit Square 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 Summit Square.
Reading a thin market
When a community is small and listings are infrequent, comps get scarce and each sale carries outsized weight in setting expectations. That cuts both ways: one well-renovated sale can pull perceptions up, and one tired, as-is transaction can drag them down — neither is necessarily representative of what your home is worth.
The practical implication is to widen your lens. Look at comparable homes in the surrounding Leesburg area, adjust honestly for condition and lot, and be skeptical of any price conclusion built on a single data point. In a market this quiet, patience and accurate condition-pricing beat guesswork.
The location and the amenities are priced into every listing in Summit Square. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a low-volume community like Summit Square, the value we add is disciplined comp work and a straight read on condition — telling you when a listing is priced to its finishes and when it isn't. We'd rather talk you out of the wrong house than push you into a number the market can't support.
Summit Square 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 Summit Square 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 Summit Square sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Summit Square, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Summit Square home worth?
Get a no-obligation home value based on real comparable sales in Summit Square, 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 →
Should you buy in Summit Square?
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: September 19, 2026) |
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2004 (12 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 local comps.
Looking to buy here? Search homes for sale →
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See how Summit Square fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Summit Square
Where is Summit Square?
Summit Square is a community in Leesburg, Lake County, Florida, ZIP 34788.
Are there homes for sale in Summit Square right now?
No active listings inside Summit Square at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Summit Square have an HOA or CDD?
No HOA is on record for Summit Square in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
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.
Nearby Communities
Explore more neighborhoods near Summit Square with Momentum Realty’s local guides.
Summit Square Market Scorecard
Summit Square is currently a no active listings market. Limited supply, a median asking price of n/a.
Typical home value in the 34788 ZIP is $281,058, about 2.0% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.