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LEESBURG, IN 46538

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The LEESBURG, IN real estate market (46538) currently shows 13 active listings, with 2 pending sales. Homes are averaging 103 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 103 days on market compared to 49 days last year.

The median listing price has risen 7.5% year-over-year, from $409,750 to $440,500.

Whether you are buying or selling in LEESBURG, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 4,498  ·  Density: 54.3/mi²  ·  Median household income: $83,375

Typical home value: $259,316  ·  Homeownership: 83.0%

Market Overview

Active Listings
13
vs 13 last year
Pending
2
15% pending ratio
Median Price
$440,500
⇧ 7.5% vs $409,750 last year
Average Price
$491,105
⇧ 10.3% vs $445,328 last year
Days on Market
103
⇧ 110.2% vs 49 days last year

Price Per Square Foot

Median $/sqft
$309
⇧ 56.9% vs $197/sqft last year
Median Home Size
1,551 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 103 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $440,500 (+7.5% YoY)
  • Average: $491,105 (+10.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.0 miles — 206 listings ($90,923,004 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46538Leesburg, IN 465380.0 mi15$7,568,415$425,000$504,561
46542Milford, IN 465425.1 mi14$4,611,908$324,900$329,422
46567Syracuse, IN 465677.8 mi27$25,490,970$514,950$944,110
46580Warsaw, IN 465808.6 mi59$22,460,710$306,450$380,690
46553New Paris, IN 4655310.6 mi14$5,640,404$341,950$402,886
46732Cromwell, IN 4673211.2 mi5$1,403,500$234,450$280,700
46764Larwill, IN 4676413.0 mi2$764,896$382,448$382,448
46760Kimmell, IN 4676014.1 mi4$1,119,600$279,900$279,900
46504Bourbon, IN 4650414.9 mi3$664,401$217,500$221,467
46526Goshen, IN 4652615.8 mi36$11,092,248$304,000$308,118
46543Millersburg, IN 4654316.3 mi2$690,000$345,000$345,000
46982Silver Lake, IN 4698219.0 mi12$2,306,616$169,900$192,218
46506Bremen, IN 4650620.0 mi13$7,109,336$344,900$546,872

Frequently Asked Questions

How many homes are for sale in LEESBURG, IN 46538?

As of February 2026, there are 13 active listings in LEESBURG, IN (zip code 46538), compared to 13 the prior year.

What is the median home price in LEESBURG, IN 46538?

The median listing price in LEESBURG, IN 46538 is $440,500 as of February 2026, a 7.5% increase from $409,750 the prior year.

How long do homes stay on the market in LEESBURG, IN?

Homes in LEESBURG, IN 46538 spend an average of 103 days on the market before going under contract, compared to 49 days the prior year.

Is it a seller's or buyer's market in LEESBURG, IN 46538?

Based on current inventory and days-on-market data as of February 2026, LEESBURG, IN 46538 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 103 days on market compared to 49 days last year.

How much can I save on real estate commission in LEESBURG, IN?

With SELL123.com's maximum 3% commission, sellers in LEESBURG, IN 46538 save an estimated $8,810 compared to a typical 5% commission on the median listing price of $440,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.