Market Overview
Home Prices in Leesburg, AL
The median home value in Leesburg, AL is $262,433 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.5% compared to a year ago and up 4.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Leesburg are priced36% below average.
Over the past five years, Leesburg home values have risen by approximately26.9%, reflecting strong long-term appreciation in this market.
Price History
Leesburg Home Price Trend
2020
$180,231
$180K
—
2021
$206,873
$207K
+14.8%
2022
$249,835
$250K
+20.8%
2023
$242,722
$243K
-2.8%
2024
$247,366
$247K
+1.9%
2025
$258,668
$259K
+4.6%
2026
$262,433
$262K
+1.5%
City Comparison
Leesburg vs. National Median
🏠 Leesburg
$262,433
National Median
$410,000
At $262,433, homes in Leesburg cost 36% below the national median of $410,000. This makes Leesburg a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Leesburg?
20% Down Payment
$52,487
on $262,433
Monthly P&I
$1,369/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,739/mo
incl. taxes & insurance
Income Needed
$69,560
gross annual (30% rule)
10% Down Option
$26,243
+ PMI applies
Loan Amount (20% dn)
$209,946
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Leesburg, AL?
The median home value in Leesburg is $262,433 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.5% year-over-year.
How much have home prices changed in Leesburg?
Over the past year, home values in Leesburg have increased by 1.5%. Over five years, prices have risen approximately 26.9%.
How much do I need to earn to buy a home in Leesburg?
To comfortably afford the median home price of $262,433 with a 20% down payment ($52,487) at today's rates (6.8%), you'd need a gross annual income of approximately $69,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Leesburg compare to the national average home price?
The national median home value is approximately $410,000. At $262,433, homes in Leesburg are 36% below the national average.