Leesburg Rates #9 Healthiest Housing Market
New York financial technology company SmartAsset released the rankings from its second annual Healthiest Housing Markets Study and Leesburg made the list at number 9 in Florida, up from their ranking of 16 in 2015. The study measures market health by the average number of years residents spend in homes, home values, ease of sale, and the costs associated with ownership.
For a look at how Leesburg compares with the Florida leaders, check the table below:
Rank | City | Average Years Living in Home | Avg. Homes with Negative Equity | Homes Decreasing in Value | Avg. Days on Market | Home Costs as % of Income | Healthiest Markets Index |
1 | Lake Butler | 13.1 | 12.8% | 7.4% | 88.0 | 19.8% | 88.39 |
2 | Lady Lake | 11.1 | 9.0% | 20.3% | 50.4 | 19.6% | 87.11 |
3 | Satellite Beach | 14.4 | 9.0% | 8.8% | 41.9 | 23.1% | 86.47 |
4 | Hernando | 11.5 | 12.3% | 11.1% | 145.8 | 19.4% | 82.92 |
5 | Zephyrhills, | 11.6 | 26.6% | 12.7% | 35.8 | 19.6% | 82.42 |
6 | Sun City Center | 11.2 | 11.6% | 14.2% | 90.7 | 21.0% | 82.16 |
7 | Safety Harbor | 13.9 | 9.9% | 10.4% | 79.2 | 23.4% | 81.65 |
8 | Rockledge, | 12.5 | 15.1% | 10.1% | 92.0 | 21.5% | 81.48 |
9 | Leesburg, | 11.4 | 16.3% | 20.9% | 61.9 | 20.4% | 80.55 |
10 | Estero, FL | 9.0 | 8.0% | 9.0% | 127.6 | 21.7% | 80.33 |