Market Overview
Home Prices in Leesburg, IN
The median home value in Leesburg, IN is $363,557 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.5% compared to a year ago and up 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Leesburg are priced11% below average. Leesburg is part of the Warsaw, IN metro area.
Over the past five years, Leesburg home values have risen by approximately27.8%, reflecting strong long-term appreciation in this market.
Price History
Leesburg Home Price Trend
City Comparison
Leesburg vs. National Median
At $363,557, homes in Leesburg cost 11% 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
$72,711
on $363,557
Monthly P&I
$1,896/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,408/mo
incl. taxes & insurance
Income Needed
$96,320
gross annual (30% rule)
10% Down Option
$36,356
+ PMI applies
Loan Amount (20% dn)
$290,846
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, IN?
The median home value in Leesburg is $363,557 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.5% year-over-year.
How much have home prices changed in Leesburg?
Over the past year, home values in Leesburg have increased by 5.5%. Over five years, prices have risen approximately 27.8%.
How much do I need to earn to buy a home in Leesburg?
To comfortably afford the median home price of $363,557 with a 20% down payment ($72,711) at today's rates (6.8%), you'd need a gross annual income of approximately $96,320. 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 $363,557, homes in Leesburg are 11% below the national average.
What metro area is Leesburg part of?
Leesburg is part of the Warsaw, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.