Is Leicester, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leicester is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Leicester was a Neutral Market.

Key Takeaway

Leicester is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Leicester, NC

How much do homes in Leicester, NC cost?

Median Sold Price

$440,000

$240/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$45,000(+11.4%)

Key Takeaway

Homes in Leicester have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in Leicester was $440,000 in November 2024, up 11.4% from last year, and the median price per square foot was $240.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$300K
N/A
2 $237.5K$441K
+85.7%
3 $398.5K$421K
+5.6%
4 $550K$625K
+13.6%
5+ $610.5K$1.0M
+69.9%

Summary: Leicester housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 85.7%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 69.9%.

Median Sold Price Compared To Nearby Cities

Leicester
+11.4%
Leicester Township
+5.0%
French Broad Township
-1.5%
Sandy Mush Township
-16.1%

Housing Supply in Leicester, NC

How many homes are available in Leicester, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5658+3.6%

Summary: The Leicester real estate market had 58 homes for sale in November 2024, a 3.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 13
+200.0%
2 1010
0.0%
3 2932
+10.3%
4 65
-16.7%
5+ 108
-20.0%

Summary: The Leicester housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
880.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leicester, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Leicester in November 2024, the same as the previous month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.

Days on Market for Leicester, NC

How long does it take to sell a home in Leicester, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
43 Days77 Days+80.8%

Summary: Homes in Leicester had an average of 77 days on market in Nov 2024, up by 80.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Leicester has remained consistent over time.

Summary: During November 2024, 8 homes were sold in Leicester; 25% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Leicester, NC

Nearby Markets to Leicester, NC

What housing markets are near Leicester, NC?