Leesburg, OH45135

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$255,000
4.1% YoY Growth
Median Household Income
$77,400
20.0% 5-Year Growth
Days on Market
17
23.0% Shorter than last year
Home Price Forecast
N/A
Median Rent
$895
25.8% YoY Growth
1-Bed Rent
$595
N/A
2-Bed Rent
$895
41.6% YoY Growth
3-Bed Rent
N/A
N/A

Property Listings — Leesburg, OH

As of Oct '25, Realtor.com reports that the median days on market for a home in Leesburg, OH is 17. This is a decrease of -23.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$280,000-14.0%
Listing Count
133.0%
Listings as % of Homes0.7%3.0%
Days on Market
17-23.0%
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Demographics — Leesburg, OH

As of the latest ACS Survey released in 2023, Leesburg, OH has a population of 5,420, which has increased by 15.2% over the past 5 years. Leesburg, OH is a popular place for families, as children make up 33.6% of the population. The area has a poorly educated workforce, with 22.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
5,42015.2%
% Under 18
33.6%55.6%
% Seniors
10.5%-12.5%
% WFH
8.0%471.4%
% w/ College Degree
22.2%103.7%
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As of the latest ACS Survey released in 2023, Leesburg, OH is a predominantly white area, with 97.0% of the population identifying as white. The white population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Leesburg, OH is asian, making up 0.4% of the population. Foreign-born residents account for 1.3% of the population in Leesburg, OH, and this percentage has decreased by 18.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
97.0%1.5%
% Black
0.2%∞%
% Hispanic
0.0%-100.0%
% Asian
0.4%-33.3%
% Foreign Born
1.3%-18.8%
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Mortgage and Risk — Leesburg, OH

According to HUD data as of 2023, there were 90 mortgage originations in Leesburg, OH, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Leesburg, OH. Investor activity is low, as 3.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
90
% Conventional Loans
62.0%
% Government Loans
38.0%
% Investor Loans
3.0%
% Second Loans
1.0%
% Cash Out Refinance
17.0%

Loan Activity

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Rentals and Section 8 — Leesburg, OH

Leesburg, OH lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
10
Total Units Section 8
10
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$195$595$790
2 Bedroom$35$895$930
3 BedroomN/AN/A$1,130
4 BedroomN/AN/A$1,450

Affordability — Leesburg, OH

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.8
Median Home Price$255,000
Median Household Income$77,400

Leesburg, OH — ZIP Code Boundary Map

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Frequently Asked Questions