Quick facts
| Leesburg | vs Lake County | vs Florida | |
|---|---|---|---|
| Population | 38,905 (2025 estimate) | ||
| Growth since 2020 | 43.9% | +25.1 pts | +35.0 pts |
| Median home value | $228,600 | 28% lower | 36% lower |
| Median gross rent | $1,258 | 21% lower | 25% lower |
| Median household income | $52,880 | 28% lower | 29% lower |
| Owner occupied homes | 62.6% | -15.0 pts | -5.0 pts |
Census survey figures are 2020 to 2024 averages; methods.
Living in Leesburg
Leesburg is a city in Lake County between Lake Harris and Lake Griffin, at the head of the Ocklawaha River.
Leesburg is a city with its own government, located in Lake County.
Known for: Venetian Gardens waterside park, built by WPA crews from 1938; Watermelon Festival, first held in 1930
Getting around and growth: Settled in 1857 and incorporated on July 12, 1875. Source: Wikipedia, Leesburg, Florida, accessed October 29, 2026.
Compared with Lake County as a whole, it grew faster than the county since 2020 (43.9% vs 18.8%); fewer homes are owner occupied (62.6% vs 77.6%); homes are cheaper than the county median ($228,600 vs $318,400) and household incomes are lower ($52,880 vs $73,161).
Cities with similar prices and rents: Gainesville ($247,500, $1,296), Fort Pierce ($250,800, $1,217), Eatonville ($204,200, $1,289).
Growth and housing
Leesburg changed 43.9% in population from 2020 to 2025 (county 18.8%, Florida 8.9%).
The housing mix is 0% detached houses and 0% larger buildings.
Risks to price in
| Risk item | Detail |
|---|---|
| County average homeowners insurance with wind | $2,650 a year |
Buying a home in Leesburg
| 2026 loan limits (county) | Amount |
|---|---|
| FHA, one unit | $541,287 |
| Conforming, one unit | $832,750 |
| Median home value here | $228,600 |
Homes cost 4.3 times median household income here (Lake County 4.3, Florida 4.8).
- Conventional: the most common loan in Lake County.
- FHA: works for the typical $228,600 home here.
Investing in Leesburg
Long term rentals
| Leesburg | vs Lake County | |
|---|---|---|
| Renter occupied homes | 37.4% | +15.0 pts |
Short term rentals
0% of homes are held for seasonal or vacation use (Lake County 5.5%).
| Short term rental taxes | Rate |
|---|---|
| County tourist development tax | 4% |
| State sales tax | 6% plus any county surtax |
Nightly rentals depend on local zoning and the HOA; check both. State rules
Property types
| Housing stock | Share |
|---|---|
| Single family detached | 0% |
| Buildings with 5+ units | 0% |
| Manufactured homes | 0% |
Nearby
Other Florida markets
Sources
- U.S. Census Bureau, American Community Survey 2020 to 2024 5 year estimates. 2020 to 2024.
- U.S. Census Bureau, Population Estimates, Vintage 2025. July 1, 2025.
- U.S. Census Bureau, Building Permits Survey, 2025 annual. 2025.
- FFIEC HMDA Data Browser, originated loans. 2025 and 2024.
- LendingTree: 2026 FHA loan limits in Florida by county (HUD figures). 2026.
- Florida Realtors: FHFA sets 2026 conforming loan limits. 2026.
- Florida Office of Economic and Demographic Research: 2026 local option tourist tax rates. 2026.
- Florida Office of Insurance Regulation, July 2026 Insurance Stability Unit report (average homeowners premium with wind, as of March 31, 2026). March 31, 2026.
- Freddie Mac Primary Mortgage Market Survey. week of October 22, 2026.
- Wikipedia: List of counties in Florida. checked October 2026.
- U.S. Census Bureau county adjacency file. 2024.
- Wikipedia county article and statewide lists (colleges, teams, airports); Florida Defense Support Task Force installation map. checked October 2026.
- Hurricane landfalls: Wikipedia, List of Florida hurricanes (2000 to present). checked October 2026.
Estimates from public data; they change over time. General information, not investment, tax or legal advice, and not a loan offer. Methods and assumptions.