Housing · Leonard

Leonard, TX housing market

The typical Leonard home is worth about $378,000, up 0.7% in a year, 26% above the Texas typical home.

Home values, sales, trends and how Leonard compares with the towns next door — updated as new data is published.

The market right now

Leonard at a glance

Typical home value
$378K
▲ 0.7% in a year · Zillow
Median sale price
$235K
May 2026 · Redfin
Homes sold
4
in May · 24 for sale

Only 4 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

LeonardTexas
$150K$200K$250K$300K$350K$400K 20182020202220242026 Leonard $378K Texas $299K
Show as a table
JanuaryLeonardTexas
2017$183,000$190,000
2018$201,000$202,000
2019$223,000$214,000
2020$239,000$223,000
2021$267,000$242,000
2022$332,000$286,000
2023$363,000$313,000
2024$366,000$311,000
2025$379,000$311,000
2026$377,000$303,000
August 2026$378,000$299,000
New construction

44 new homes permitted in 2025

Builders were permitted 44 new homes in Leonard in 2025, all single-family houses, worth about $7 million to build. That's 18 per 1,000 residents, faster than across Texas (8.1). Over the past 10 years, Leonard has permitted 90 homes in all.

New homes, 2025
44
▲ 340% vs 2024
2026 so far
21
Jan–Aug
Per 1,000 residents
18
Texas: 8.1
Single-family
100%
of 2025’s new homes
Single-familyTwo or more homes per building2026 so far
01020304050 2000: 16 homes (6 single-family, 10 in buildings with 2+ homes) 2000 2001: 11 homes (9 single-family, 2 in buildings with 2+ homes) 2002: 16 homes (8 single-family, 8 in buildings with 2+ homes) 2003: 17 homes (11 single-family, 6 in buildings with 2+ homes) 2004: 18 homes (12 single-family, 6 in buildings with 2+ homes) 2005: 19 homes (13 single-family, 6 in buildings with 2+ homes) 2005 2006: 6 homes 2007: 5 homes 2008: 3 homes 2009: 2 homes 2010: 0 homes 2010 2011: 2 homes 2012: 2 homes 2013: 2 homes 2014: 6 homes (0 single-family, 6 in buildings with 2+ homes) 2015: 0 homes 2015 2016: 2 homes 2017: 3 homes 2018: 4 homes 2019: 4 homes 2020: 4 homes 2020 2021: 5 homes 2022: 10 homes 2023: 4 homes 2024: 10 homes 2025: 44 homes 2025 2026 so far: 21 homes

Homes vs. people, 2010–2020

Residents−3
New homes+25

Between the 2010 and 2020 censuses, Leonard's population fell by 3 even though 25 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Texas: 2.6 new residents per new home.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)21210$3.5 million
202544440$7 million
202410100$2.9 million
2023440$808,000
202210100$1.5 million
2021550$269,000
2020440$215,000
2019440$215,000
2018440$215,000
2017330$524,000
2016220$349,000
2015000—
2014606$250,000
2013220$260,000
2012220$265,000
2011220$170,000
2010000—
2009220$130,000
2008330$215,000
2007550$358,000
2006660$430,000
200519136$1.2 million
200418126$1.2 million
200317116$1.1 million
20021688$986,000
20011192$657,000
200016610$697,000

How Leonard ranks on new homes being built →

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Nearby

Leonard and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Leonard $378K +0.7% $1,090 44 $54,717
Trenton $317K −1.3% $1,430 19 $53,929
Affordability

6.9 years of income

The typical Leonard home costs about 6.9 years of the town's median household income, more than across Texas (3.8 years).

How Leonard ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
66%
Texas: 62.6%
Median tax bill
$1,813
Texas: $4,232
Median rent
$1,227
Texas: $1,403
Typical home built
1972
Texas: 1992

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,090

HUD's Fair Market Rent for a two-bedroom in Leonard is $1,090 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Leonard pay a median of $1,227. A two-bedroom takes about 24% of the town's median household income.

1 bedroom
$910
a month, with utilities
2 bedrooms
$1,090
a month, with utilities
3 bedrooms
$1,500
a month, with utilities
Share of income
24%
2 bedrooms ÷ median income

Studio $870 · 4 bedrooms $1,810

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (75452; Dallas, TX HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01