Is Leicester, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Leicester has remained a Seller's Market.
Housing Prices in Leicester, NC
How much do homes in Leicester, NC cost?
Median Sold Price
$400,000
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Leicester was $400,000 in May 2024, up 0.4% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $367.5K | $300K | -18.4% |
2 Bedrooms | $318K | $353.5K | +11.2% |
3 Bedrooms | $400K | $400K | 0.0% |
4 Bedrooms | $425.3K | $454K | +6.7% |
5+ Bedrooms | $492.1K | $1.5M | +204.8% |
Summary: Leicester housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.4%, 2 bedroom homes increased by 11.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 204.8%.
Median Sold Price Compared To Nearby Cities
French Broad Township | $414.9K | $450K | +8.5% |
Leicester | $398.3K | $400K | 0.4% |
Leicester Township | $410K | $400K | -2.4% |
Alexander | $415K | $400.9K | -3.4% |
Housing Supply in Leicester, NC
How many homes are available in Leicester, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
62 | 65 | +4.8% |
Summary: The Leicester real estate market had 65 homes for sale in May 2024, a 4.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 5 | -28.6% |
3 Bedrooms | 36 | 40 | +11.1% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Leicester housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 16 | +45.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Leicester in May 2024, up by 45.5% month-over-month. Of the 16 sold homes, 31% were sold under asking, 31% were sold at asking, and 38% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
64 Days | 51 Days | -21.3% |
Summary: Homes in Leicester had an average of 51 days on market in May 2024, down by 21.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 16 homes were sold in Leicester; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.