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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leicester Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Leicester Township was a Seller's Market.

Key Takeaway

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

Housing Prices in Leicester Township, NC

How much do homes in Leicester Township, NC cost?

Median Sold Price

$420,000

$247/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,100(+6.4%)

Key Takeaway

Homes in Leicester Township have sold for 6.4% more than they did a year ago.

Summary: The median home sold price in Leicester Township was $420,000 in October 2024, up 6.4% from last year, and the median price per square foot was $247.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $310K$225K
-27.4%
2 $252.7K$315K
+24.6%
3 $395K$415K
+5.1%
4 $583.2K$537.5K
-7.8%
5+ $616.1K$1.2M
+94.8%

Summary: Leicester Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.4%, 2 bedroom homes increased by 24.6%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 94.8%.

Median Sold Price Compared To Nearby Cities

Leicester
+11.7%
Woodfin
+8.1%
Leicester Township
+6.4%
French Broad Township
+3.5%

Housing Supply in Leicester Township, NC

How many homes are available in Leicester Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9790-7.2%

Summary: The Leicester Township real estate market had 90 homes for sale in October 2024, a 7.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 1613
-18.8%
3 5651
-8.9%
4 1213
+8.3%
5+ 1010
0.0%

Summary: The Leicester Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.8%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1511-26.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leicester Township, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Leicester Township in October 2024, down by 26.7% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.

Days on Market for Leicester Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
66 Days53 Days-19.9%

Summary: Homes in Leicester Township had an average of 53 days on market in Oct 2024, down by 19.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Leicester Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in Leicester Township; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% 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 20 Days Ago

Newest Listings in Leicester Township, NC

Nearby Markets to Leicester Township, NC

What housing markets are near Leicester Township, NC?