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:

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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%.

Economic Indicators
RegionPopulation
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 $1,0582.1%$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.

Leesburg Economic Activity
ActivityValue (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 $1,058100%

Lake County Regional Comparisons

Economic Indicators
CityPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Clermont 28,742 $8192.3%$56,291 12,730$213,000
Eustis 18,558 $2721.8%$45,170 8,871$158,800
Groveland 8,729 $595.2%$53,178 3,369$184,900
Lady Lake 13,926 $3511.2%$35,625 8,865$131,400
Leesburg 20,117 $1,0582.1%$36,061 10,625$133,000
Mascotte 5,101 $101.6%$50,729 1,737$124,400
Mount Dora 12,370 $4953.9%$45,104 6,942$215,400
Tavares 13,951 $1362.1%$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.

Economic Indicators
RegionPopulation
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.

Leesburg Real Estate by Usage
Usage TypeProperty Count%Sales CountMedian PriceMedian Price/FtSales FromTo
Agricultural 183 0.67 0n/an/an/an/a
Commercial Property 0 0.00 0n/an/an/an/a
Government Property 361 1.32 1 $90,000 $71May 1st, 2014May 1st, 2014
Health Care 7 0.03 0n/an/an/an/a
Hotel & Motel 17 0.06 1 $1,200,000 $86March 1st, 2014March 1st, 2014
Industrial 247 0.90 11 $469,000 $58January 1st, 2014August 1st, 2014
Miscellaneous Property 61 0.22 0n/an/an/an/a
Mobile/Manufactured 4,544 16.65 238 $38,500 $35January 1st, 2014September 1st, 2014
Multifamily 444 1.63 26 $45,500 $29January 1st, 2014September 1st, 2014
Office 386 1.41 8 $170,000 $115February 1st, 2014August 1st, 2014
Residential 20,231 74.11 1,002 $102,000 $67January 1st, 2014September 1st, 2014
Residential Property 0 0.00 0n/an/an/an/a
Retail 578 2.12 29 $428,900 $131February 1st, 2014September 1st, 2014
Senior Housing 10 0.04 1 $6,583,300 $99August 1st, 2014August 1st, 2014
Special Purpose 208 0.76 3 $110,000 $52February 1st, 2014June 1st, 2014
Sports & Entertaining 22 0.08 1 $350,000 $88April 1st, 2014April 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

Leesburg Real Estate
Property UsageProperty CountTotal 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

Leesburg Median Property Values per Sq Ft by Property Class
Property Class Class AClass BClass C
UsageYear SaleLease SaleLease SaleLease
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