The typical owner-occupied home in Leesburg is worth about $199,200, 34% below the Georgia median of $303,300 and 40% below the national median of $332,700. Owners pay a median $1,720 a year in property taxes, about 0.86% of their home's value, higher than the Georgia rate of 0.77%. The median household earns $79,460 a year, so the median home costs 2.5 times the median income (3.9 times for Georgia). 58% of occupied homes here are lived in by their owners, and 79% of those owners still have a mortgage.
Leesburg at a glance
| Leesburg | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $199,200 | $303,300 | $332,700 |
| Median property tax paid per year | $1,720 | $2,341 | $3,119 |
| Property tax as a share of value | 0.86% | 0.77% | 0.94% |
| Median household income | $79,460 | $77,353 | $80,734 |
| Homes lived in by their owners | 58% | 66% | 65% |
| Owner homes with a mortgage | 79% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $1,430 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 14.8% | 20.0% | 21.0% |
| Median rent | $1,055 | $1,393 | $1,413 |
| Rent as a share of renters' income | 28.9% | 31.3% | 30.6% |
| Median year homes were built | 2005 | 1992 | 1980 |
| Vacant homes | 4.3% | 10.3% | 10.1% |
| Population | 3,542 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Leesburg
At this week's average 30-year rate of 7.11%, buying the median Leesburg home of $199,200 with 20% down costs about $1,298 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,630, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $55,619 for the 20%-down payment. That payment is 20% of the median Leesburg household income of $79,460; at that income and 20% down, the 28% guideline points to a home of about $285,000.
The median rent here is $1,055 a month, so owning the median home costs about $243 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $39,840 |
|---|---|
| Loan amount | $159,360 |
| Principal and interest | $1,072 |
| Property taxes (0.86% a year) | $143 |
| Homeowners insurance (our estimate, 0.5% a year) | $83 |
| PMI | $0 |
| Total per month | $1,298 |
Change the numbers in the calculator
| Down payment | $6,972 |
|---|---|
| Loan amount | $195,592 |
| Principal and interest | $1,316 |
| Property taxes (0.86% a year) | $143 |
| Homeowners insurance (our estimate, 0.5% a year) | $83 |
| FHA mortgage insurance | $88 |
| Total per month | $1,630 |
Change the numbers in the calculator
Questions about home buying in Leesburg
What is the median home value in Leesburg?
About $199,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Leesburg?
Homeowners pay a median $1,720 a year, which is about 0.86% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Leesburg?
For the median home with 20% down at 7.11%, the payment is about $1,298 a month. Keeping that under 28% of gross income takes about $55,619 a year.
More about Leesburg
- Mortgage Refinance in Leesburg
- Debt Relief in Leesburg
- Home Equity Loans in Leesburg
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data