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LEESBURG, IN 46538

Real Estate Market Report  ·  Kosciusko County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
15
⇩ 6.3% vs 16 last year
Pending
2
13% pending ratio
Median Price
$425,000
⇧ 7.6% vs $394,900 last year
Average Price
$504,561
⇧ 9.3% vs $461,732 last year
Days on Market
84
⇧ 5% vs 80 days last year

Market Context

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

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

Market Analysis

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

The LEESBURG, IN real estate market (46538) currently shows 15 active listings, with 2 pending sales. Homes are averaging 84 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 84 days on market compared to 80 days last year.

The median listing price has risen 7.6% year-over-year, from $394,900 to $425,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 15 this year vs 16 last year
  • Days on market: 84 now vs 80 last year

Median & Average Pricing

Year over Year
  • Median: $425,000 (+7.6% YoY)
  • Average: $504,561 (+9.3% 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

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 January 2026, there are 15 active listings in LEESBURG, IN (zip code 46538), compared to 16 the prior year.

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

The median listing price in LEESBURG, IN 46538 is $425,000 as of January 2026, a 7.6% increase from $394,900 the prior year.

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

Homes in LEESBURG, IN 46538 spend an average of 84 days on the market before going under contract, compared to 80 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 January 2026, LEESBURG, IN 46538 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 84 days on market compared to 80 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 $8,500 compared to a typical 5% commission on the median listing price of $425,000. 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.