Leesburg, Florida
Lake County Real Estate - Leesburg
Leesburg is a city in Lake County, Florida in East Central Florida. It's population as recorded in the 2010 Census was 20,117. Leesburg is approximately 11 miles from The Villages (population 51,442) and around 24 miles from Apopka (population 41,542). It is located at the head of the Oklawaha River System, between Lake Harris and Lake Griffin, and is part of the Orlando-Kissimmee-Sanford Metropolitan Statistical Area.
In 2014 median family income for a family in Leesburg was about $33,000 a year, making it home to many smaller ranch-style houses. In addition to being located between two of Lake County's major lakes, the city also has many other smaller bodies of water, like the pond at Venetian Garden's Park. The town is also home to the Leesburg International Airport, performing over 50,000 takeoffs and landings every year.
The median age for residents of Leesburg is 40.7. Around 28% of Leesburg households include school aged children and 37.2% of households include individuals aged 65 years or over. Census records indicate 63.4% of the Leesburg population are White, 28.1% are Black or African American, .3% American Indian, 1.7% Asian and 2.6% are Two or more Races.
There are 10,625 housing units in Leesburg. 2,140 (20.1%) of these were reported as vacant in the 2010 Census. There are 5,000 residential rental units in Leesburg. 4,019 of them were occupied in 2010 providing a residential rental vacancy rate of 19.1%.
Leesburg links:
Leesburg is located in Lake County. It has a population of approximately 20,117 people. The population increased 2.1% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, 2.1% for Lake County and a 1.7% increase for the country as a whole. Leesburg occupies 30.8 of the 938.38 square miles in Lake County. It had a population density of 653.2 persons per square mile in 2010. This compared to 316.6 for the county, 350.6 for Florida and 87.4 for the country.
7.3% ( 10,625) of the 145,303 housing units in Lake County are in Leesburg (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Leesburg has a 53.6% homeownership rate compared to Lake County's 77.7% homeownership rate and Florida's rate of 69.0%.
Region | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
United States | 313,914,040 | $14,025,202 | 1.7% | $52,762 | 132,312,404 | $186,200 |
Florida | 18,801,310 | $630,738 | 2.7% | $47,827 | 9,026,965 | $188,600 |
Lake County | 297,052 | $5,430 | 2.1% | $47,509 | 145,303 | $167,900 |
Leesburg | 20,117 | $1,058 | 2.1% | $36,061 | 10,625 | $133,000 |
Leesburg's medium household income in 2011 was $36,061. Lake County's medium household income was $47,509, which is lower than the medium income for Florida as a whole: $47,827. 16.0% of the population in Leesburg lives below the poverty line, compared to 14.7% in Florida, 11.4% of the population in Lake County and 14.3% nationwide. Additional Information:
Leesburg Economic Activity
The U.S. Bureau of the Census, Economic Census, 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Leesburg. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.
At $1,058 million, Leesburg's economic activity represents 19.49% of Lake County's $5,430MM in economic activity. Lake County represents 0.86% of the Florida economy.
Activity | Value (Millions) | Percentage |
---|---|---|
Manufacturers shipments | $178 | 16.8% |
Merchant wholesaler sales | $108 | 10.2% |
Retail sales | $702 | 66.3% |
Accommodation and food services sales | $71 | 6.7% |
Total | $1,058 | 100% |
Lake County Regional Comparisons
City | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
Clermont | 28,742 | $819 | 2.3% | $56,291 | 12,730 | $213,000 |
Eustis | 18,558 | $272 | 1.8% | $45,170 | 8,871 | $158,800 |
Groveland | 8,729 | $59 | 5.2% | $53,178 | 3,369 | $184,900 |
Lady Lake | 13,926 | $351 | 1.2% | $35,625 | 8,865 | $131,400 |
Leesburg | 20,117 | $1,058 | 2.1% | $36,061 | 10,625 | $133,000 |
Mascotte | 5,101 | $10 | 1.6% | $50,729 | 1,737 | $124,400 |
Mount Dora | 12,370 | $495 | 3.9% | $45,104 | 6,942 | $215,400 |
Tavares | 13,951 | $136 | 2.1% | $39,395 | 7,598 | $139,200 |
Lake County is located in East Central Florida. This region is responsible for 17.0% of Florida's economic activity. Lake County represents 5.1% of the region's economy.
Region | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
Brevard County | 543,376 | $16,070 | 0.7% | $50,068 | 270,512 | $171,200 |
Osceola County | 268,685 | $7,448 | 7.0% | $46,479 | 129,830 | $170,200 |
Orange County | 1,145,956 | $53,843 | 4.9% | $49,731 | 492,209 | $211,100 |
Seminole County | 422,718 | $12,124 | 1.9% | $58,908 | 182,625 | $225,500 |
Lake County | 297,052 | $5,430 | 2.1% | $47,509 | 145,303 | $167,900 |
Volusia County | 494,593 | $10,951 | 0.5% | $44,169 | 254,981 | $172,100 |
Sumter County | 93,420 | $1,120 | 8.8% | $44,817 | 55,988 | $186,800 |
Total | 3,369,551 | $106,985 | 3.7% | $48,812 | 1,531,448 | $186,400 |
Leesburg Real Estate
There are 27,299 properties in Leesburg. The following table shows a summary of them based on 2014 sales data.
Usage Type | Property Count | % | Sales Count | Median Price | Median Price/Ft | Sales From | To |
---|---|---|---|---|---|---|---|
Agricultural | 183 | 0.67 | 0 | n/a | n/a | n/a | n/a |
Commercial Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
Government Property | 361 | 1.32 | 1 | $90,000 | $71 | May 1st, 2014 | May 1st, 2014 |
Health Care | 7 | 0.03 | 0 | n/a | n/a | n/a | n/a |
Hotel & Motel | 17 | 0.06 | 1 | $1,200,000 | $86 | March 1st, 2014 | March 1st, 2014 |
Industrial | 247 | 0.90 | 11 | $469,000 | $58 | January 1st, 2014 | August 1st, 2014 |
Miscellaneous Property | 61 | 0.22 | 0 | n/a | n/a | n/a | n/a |
Mobile/Manufactured | 4,544 | 16.65 | 238 | $38,500 | $35 | January 1st, 2014 | September 1st, 2014 |
Multifamily | 444 | 1.63 | 26 | $45,500 | $29 | January 1st, 2014 | September 1st, 2014 |
Office | 386 | 1.41 | 8 | $170,000 | $115 | February 1st, 2014 | August 1st, 2014 |
Residential | 20,231 | 74.11 | 1,002 | $102,000 | $67 | January 1st, 2014 | September 1st, 2014 |
Residential Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
Retail | 578 | 2.12 | 29 | $428,900 | $131 | February 1st, 2014 | September 1st, 2014 |
Senior Housing | 10 | 0.04 | 1 | $6,583,300 | $99 | August 1st, 2014 | August 1st, 2014 |
Special Purpose | 208 | 0.76 | 3 | $110,000 | $52 | February 1st, 2014 | June 1st, 2014 |
Sports & Entertaining | 22 | 0.08 | 1 | $350,000 | $88 | April 1st, 2014 | April 1st, 2014 |
Agricultural Real Estate in Leesburg, Florida
183( .67%) of the properties in Leesburg are classified as Agricultural.
Commercial Real Estate in Leesburg, Florida
0( .00%) of the properties in Leesburg are classified as Commercial.
Government Real Estate in Leesburg, Florida
361( 1.32%) of the properties in Leesburg are classified as Government. 1 of them sold between May 1st, 2014 and May 1st, 2014. The total value of these sales was $90,000. The median sales price was $90,000. In 2014 the median sales price for Government Property in Leesburg was $71 per sq ft.
Health Care Real Estate in Leesburg, Florida
7( .03%) of the properties in Leesburg are classified as Health Care.
Hotel & Motel Real Estate in Leesburg, Florida
17( .06%) of the properties in Leesburg are classified as Hotel & Motel. 1 of them sold between March 1st, 2014 and March 1st, 2014. The total value of these sales was $1,200,000. The median sales price was $1,200,000. In 2014 the median sales price for Hotel & Motel in Leesburg was $86 per sq ft.
Industrial Real Estate in Leesburg, Florida
247( .90%) of the properties in Leesburg are classified as Industrial. 11 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $6,240,900. The median sales price was $469,000. In 2014 the median sales price for Industrial in Leesburg was $58 per sq ft.
Miscellaneous Real Estate in Leesburg, Florida
61( .22%) of the properties in Leesburg are classified as Miscellaneous.
Mobile/Manufactured Real Estate in Leesburg, Florida
4,544( 16.65%) of the properties in Leesburg are classified as Mobile/Manufactured. 238 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $9,961,300. The median sales price was $38,500. In 2014 the median sales price for A Class Mobile/Manufactured in Leesburg was $56 per sq ft, B Class properties sold for $35/ft and C Class $19/ft.
Multifamily Real Estate in Leesburg, Florida
444( 1.63%) of the properties in Leesburg are classified as Multifamily. 26 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $10,040,100. The median sales price was $45,500. In 2014 the median sales price for A Class Multifamily in Leesburg was $83 per sq ft, B Class properties sold for $29/ft and C Class $12/ft.
Office Real Estate in Leesburg, Florida
386( 1.41%) of the properties in Leesburg are classified as Office. 8 of them sold between February 1st, 2014 and August 1st, 2014. The total value of these sales was $3,690,500. The median sales price was $170,000. In 2014 the median sales price for Office in Leesburg was $115 per sq ft.
Residential Real Estate in Leesburg, Florida
20,231( 74.11%) of the properties in Leesburg are classified as Residential. 1,002 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $146,016,200. The median sales price was $102,000. In 2014 the median sales price for A Class Residential in Leesburg was $95 per sq ft, B Class properties sold for $67/ft and C Class $24/ft.
Residential Real Estate in Leesburg, Florida
0( .00%) of the properties in Leesburg are classified as Residential.
Retail Real Estate in Leesburg, Florida
578( 2.12%) of the properties in Leesburg are classified as Retail. 29 of them sold between February 1st, 2014 and September 1st, 2014. The total value of these sales was $86,497,800. The median sales price was $428,900. In 2014 the median sales price for A Class Retail in Leesburg was $1,537 per sq ft, B Class properties sold for $131/ft and C Class $24/ft.
Senior Housing Real Estate in Leesburg, Florida
10( .04%) of the properties in Leesburg are classified as Senior Housing. 1 of them sold between August 1st, 2014 and August 1st, 2014. The total value of these sales was $6,583,300. The median sales price was $6,583,300. In 2014 the median sales price for Senior Housing in Leesburg was $99 per sq ft.
Special Purpose Real Estate in Leesburg, Florida
208( .76%) of the properties in Leesburg are classified as Special Purpose. 3 of them sold between February 1st, 2014 and June 1st, 2014. The total value of these sales was $328,500. The median sales price was $110,000. In 2014 the median sales price for Special Purpose in Leesburg was $52 per sq ft.
Sports & Entertaining Real Estate in Leesburg, Florida
22( .08%) of the properties in Leesburg are classified as Sports & Entertaining. 1 of them sold between April 1st, 2014 and April 1st, 2014. The total value of these sales was $350,000. The median sales price was $350,000. In 2014 the median sales price for Sports & Entertaining in Leesburg was $88 per sq ft.
Leesburg, Lake County Market Data
Property Usage | Property Count | Total Sq Ft |
---|---|---|
Agricultural | 167 | 286,546 |
Government Property | 356 | 682,447 |
Health Care | 3 | 101,412 |
Hotel & Motel | 16 | 148,499 |
Industrial | 245 | 3,714,454 |
Land | 1,941 | 441,583 |
Miscellaneous Property | 28 | 51,012 |
Mobile/Manufactured | 2,263 | 2,562,488 |
Multifamily | 433 | 2,554,306 |
Office | 356 | 1,612,434 |
Residential | 20,438 | 31,834,652 |
Retail | 493 | 4,853,801 |
Senior Housing | 10 | 206,540 |
Special Purpose | 193 | 1,346,933 |
Sports & Entertaining | 22 | 113,398 |
Leesburg Median Property Values per Sq Ft
Property Class | Class A | Class B | Class C | ||||
---|---|---|---|---|---|---|---|
Usage | Year | Sale | Lease | Sale | Lease | Sale | Lease |
Airport (private or commercial), bus terminal, marine terminal, pier or marina. | 2016 | $229 | $14 | $98 | $9 | $50 | $6 |
Auto sales, auto repair and storage or auto service shop | 2016 | $352 | $19 | $117 | $10 | $49 | $6 |
Bowling alley, skating rink, pool hall or enclosed arena | 2016 | $255 | $37 | $102 | $17 | $49 | $7 |
Church | 2016 | $175 | $14 | $60 | $9 | $54 | $6 |
Club, lodge or union hall | 2016 | $175 | $14 | $60 | $9 | $54 | $6 |
College | 2016 | $175 | $28 | $60 | $11 | $54 | $5 |
Community Shopping Center | 2016 | $352 | $19 | $117 | $10 | $49 | $6 |
Condominium | 2016 | $87 | $16 | $61 | $16 | $31 | $16 |
Cooperative | 2016 | $66 | $16 | $47 | $16 | $31 | $16 |
County Owned | 2016 | $175 | $28 | $60 | $11 | $54 | $5 |
Cropland soil capability Class I | 2016 | $130 | $17 | $43 | $12 | $21 | $8 |
Cropland soil capability Class III | 2016 | $130 | $17 | $43 | $12 | $21 | $8 |
Department Store | 2016 | $352 | $19 | $117 | $10 | $49 | $6 |
Drive-in Restaurant | 2016 | $352 | $19 | $117 | $10 | $49 | $6 |
Enclosed theater or auditorium | 2016 | $255 | $37 | $102 | $17 | $49 | $7 |
Federal Owned | 2016 | $175 | $28 | $60 | $11 | $54 | $5 |
Financial institution (bank, saving and loan company, mortgage company, credit services) | 2016 | $352 | $19 | $117 | $10 | $49 | $6 |
Food processing | 2016 | $130 | $6 | $43 | $4 | $21 | $3 |
Golf course or driving range | 2016 | $255 | $37 | $102 | $17 | $49 | $7 |
Government Undefined | 2016 | $175 | $28 | $60 | $11 | $54 | $5 |
Grazing land soil capability Class I | 2016 | $344 | $17 | $150 | $12 | $80 | $8 |
Grazing land soil capability Class III | 2016 | $344 | $17 | $150 | $12 | $80 | $8 |
Grazing land soil capability Class IV | 2016 | $344 | $17 | $150 | $12 | $80 | $8 |
Grazing land soil capability Class VI | 2016 | $344 | $17 | $150 | $12 | $80 | $8 |
Heavy industrial | 2016 | $130 | $6 | $43 | $4 | $21 | $3 |
Home for the aged | 2016 | $175 | $15 | $60 | $10 | $54 | $9 |
Hospital | 2016 | $175 | $28 | $60 | $11 | $54 | $5 |
Hotel or motel | 2016 | $472 | $33 | $252 | $33 | $51 | $33 |
Improved agricultural | 2016 | $130 | $17 | $43 | $12 | $21 | $8 |
Light manufacturing | 2016 | $130 | $6 | $43 | $4 | $21 | $3 |
Lumber yard, sawmill or planing mill | 2016 | $130 | $6 | $43 | $4 | $21 | $3 |
Mineral processing, cement plant,refinery, clay plants or gravel plant | 2016 | $130 | $6 | $43 | $4 | $21 | $3 |
Mixed use - store and office or store and residential or residential combination | 2016 | $352 | $19 | $117 | $10 | $49 | $6 |
Mobile Home | 2016 | $79 | $6 | $44 | $6 | $23 | $6 |
Mortuary, cemetery or crematorium | 2016 | $175 | $14 | $60 | $9 | $54 | $6 |
Multi-family - 10 units or more | 2016 | $138 | $9 | $60 | $6 | $41 | $4 |
Multi-family - less than 10 units | 2016 | $66 | $9 | $47 | $6 | $32 | $4 |
Municipal Owned | 2016 | $93 | $28 | $37 | $11 | $33 | $5 |
Nightclub, cocktail lounge or bar | 2016 | $255 | $37 | $102 | $17 | $49 | $7 |
Office building, non-professional service building, multi-story | 2016 | $229 | $17 | $98 | $12 | $50 | $9 |
Office building, non-professional service building, one story | 2016 | $229 | $17 | $98 | $12 | $50 | $9 |
Open storage (building supplies, auto wrecking, fuel, equipment or material storage) | 2016 | $130 | $6 | $43 | $4 | $21 | $3 |
Orchard Groves, Citrus, etc. | 2016 | $344 | $17 | $150 | $12 | $80 | $8 |
Ornamentals, miscellaneous agricultural | 2016 | $344 | $17 | $150 | $12 | $80 | $8 |
Orphanage, other non-profit or charitable services | 2016 | $175 | $14 | $60 | $9 | $54 | $6 |
Packing plant (fruit and vegetable or meat packing) | 2016 | $130 | $6 | $43 | $4 | $21 | $3 |
Poultry, bees, tropical fish, rabbits, etc. | 2016 | $344 | $17 | $150 | $12 | $80 | $8 |
Private school or college | 2016 | $175 | $14 | $60 | $9 | $54 | $6 |
Privately owned hospital | 2016 | $175 | $25 | $60 | $17 | $54 | $11 |
Professional service building | 2016 | $229 | $17 | $98 | $12 | $50 | $9 |
Public county school | 2016 | $175 | $28 | $60 | $11 | $54 | $5 |
Regional Shopping Center | 2016 | $352 | $19 | $117 | $10 | $49 | $6 |
Repair service shop (excluding automotive) | 2016 | $352 | $19 | $117 | $10 | $49 | $6 |
Restaurant, cafeteria | 2016 | $352 | $19 | $117 | $10 | $49 | $6 |
Retirement Home not eligible for exemption. | 2016 | $66 | $15 | $47 | $10 | $31 | $9 |
Service station | 2016 | $352 | $19 | $117 | $10 | $49 | $6 |
Single Family | 2016 | $109 | $16 | $90 | $16 | $54 | $16 |
State Owned | 2016 | $175 | $28 | $60 | $11 | $54 | $5 |
Store, one story | 2016 | $352 | $19 | $117 | $10 | $49 | $6 |
Timberland - site index 80 to 89 | 2016 | $344 | $17 | $150 | $12 | $80 | $8 |
Timberland - site index 90 and above | 2016 | $344 | $17 | $150 | $12 | $80 | $8 |
Undefined - Reserved for Use by Department of Revenue | 2016 | $66 | $16 | $47 | $16 | $32 | $16 |
Utility | 2016 | $93 | $42 | $37 | $15 | $33 | $6 |
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 2016 | $130 | $6 | $43 | $4 | $21 | $3 |
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