$6,887 Closing Credit*
$579,999
2,400 SqFt
3 Beds
•2 Full Baths
#73298405, Lisa Shaw, Listing Office: RE/MAX Executive Realty
Is Leicester, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Leicester has remained a Seller's Market.
Key Takeaway
Leicester is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Leicester, MA
How much do homes in Leicester, MA cost?
Median Sold Price
$410,000
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$18,500(+4.7%)
Key Takeaway
Homes in Leicester have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Leicester was $410,000 in September 2024, up 4.7% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $215K | N/A |
| 2 Bedrooms | $356.8K | $375K | +5.1% |
| 3 Bedrooms | $385K | $400K | +3.9% |
| 4 Bedrooms | $450K | $449.9K | 0% |
| 5+ Bedrooms | $432.5K | $605K | +39.9% |
Summary: Leicester housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 3.9%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 39.9%.
Median Sold Price Compared To Nearby Cities
| Paxton | $475K | $500K | +5.3% |
| Leicester | $391.5K | $410K | +4.7% |
| Auburn | $422.5K | $430K | +1.8% |
Housing Supply in Leicester, MA
How many homes are available in Leicester, MA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 43 | 43 | 0.0% |
Summary: The Leicester real estate market had 43 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 8 | -27.3% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 10 | 12 | +20.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Leicester housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 27.3%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 13 | 8 | -38.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Leicester, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Leicester in September 2024, down by 38.5% month-over-month. Of the 8 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Leicester, MA
How long does it take to sell a home in Leicester, MA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 28 Days | 16 Days | -43.6% |
Summary: Homes in Leicester had an average of 16 days on market in Sep 2024, down by 43.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Leicester are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 8 homes were sold in Leicester; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
