Leesburg, GA—31763
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Leesburg, GA
As of Oct '25, the median home price in Leesburg, GA is $257,000, with a year-over-year change of 1.0%. This indicates that home prices in Leesburg, GA are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $257,000 | 1.0% |
| Single Family | $258,000 | 0.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $152,000 | -1.9% |
3 Bed | $235,000 | 0.9% |
4 Bed | $335,000 | 1.8% |
| 5 Bed | $460,000 | 2.2% |
% of Housing Stock
Rental Trends — Leesburg, GA
As of July '25, Rentcast reports the average rent in Leesburg, GA is $1,650, with a year-over-year rent change of 7.8%. Per bedroom, the median rent as of July '25 in Leesburg, GA is 2-bedrooms: $1,070, 3-bedrooms: $1,460, 4-bedrooms: $2,340. The most common rental property sizes in Leesburg, GA are 3-bedroom and 2-bedroom, accounting for 47.6% and 25.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,440 | $1,650 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $950 | $1,070 |
| 3 Bed Rent | $1,440 | $1,460 |
| 4 Bed Rent | $2,400 | $2,340 |
% of Rental Stock
Property Listings — Leesburg, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Leesburg, GA is 53. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $350,000 | 7.0% |
Listing Count | 134 | 4.0% |
| Listings as % of Homes | 0.5% | 4.0% |
Days on Market | 53 | 1.0% |
Demographics — Leesburg, GA
As of the latest ACS Survey released in 2023, Leesburg, GA has a population of 28,700, which has increased by 18.6% over the past 5 years. Leesburg, GA is a popular place for families, as children make up 25.9% of the population. The area has a moderately educated workforce, with 33.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,700 | 18.6% |
% Under 18 | 25.9% | -3.0% |
% Seniors | 12.6% | 13.5% |
% WFH | 5.5% | 71.9% |
% w/ College Degree | 33.6% | 37.1% |
As of the latest ACS Survey released in 2023, Leesburg, GA is a predominantly white area, with 66.2% of the population identifying as white. The white population has shrunk by 9.1% in the last 5 years. The second most common race or ethnicity in Leesburg, GA is black, making up 24.3% of the population. Foreign-born residents account for 4.8% of the population in Leesburg, GA, and this percentage has increased by 41.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 66.2% | -9.1% |
% Black | 24.3% | 17.4% |
% Hispanic | 3.5% | 66.7% |
% Asian | 2.4% | 4.3% |
% Foreign Born | 4.8% | 41.2% |
Mortgage and Risk — Leesburg, GA
According to HUD data as of 2023, there were 628 mortgage originations in Leesburg, GA, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Leesburg, GA. Investor activity is low, as 10.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 628 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 10.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Leesburg, GA
Leesburg, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 102 |
Total Units Section 8 | 102 |
% Rentals under Section 8 | 3.4% |
% Occupied Section 8 | 80.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,130 |
| 2 Bedroom | $330 | $950 | $1,280 |
| 3 Bedroom | $290 | $1,440 | $1,730 |
| 4 Bedroom | -$320 | $2,400 | $2,080 |
Affordability — Leesburg, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $257,000 |
| Median Household Income | $84,600 |