Is Leicester, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Leicester was a Seller's Market.
Housing Prices in Leicester, NC
How much do homes in Leicester, NC cost?
Median Sold Price
$385,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Leicester was $385,000 in March 2024, down 3.5% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $367.5K | $300K | -18.4% |
2 Bedrooms | $340K | $237.5K | -30.1% |
3 Bedrooms | $400K | $385K | -3.8% |
4 Bedrooms | $425.3K | $550K | +29.3% |
5+ Bedrooms | $492.1K | $1.0M | +115.0% |
Summary: Leicester housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.4%, 2 bedroom homes decreased by 30.1%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 29.3%, and 5+ bedroom homes increased by 115%.
Median Sold Price Compared To Nearby Cities
French Broad Township | $416.5K | $444K | +6.6% |
Leicester | $399K | $385K | -3.5% |
Leicester Township | $408.5K | $385K | -5.8% |
Alexander | $407.5K | $375K | -8.0% |
Housing Supply in Leicester, NC
How many homes are available in Leicester, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
39 | 56 | +43.6% |
Summary: The Leicester real estate market had 56 homes for sale in March 2024, a 43.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 25 | 36 | +44.0% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Leicester housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 44%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Leicester in March 2024, up by 60.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
57 Days | 34 Days | -40.8% |
Summary: Homes in Leicester had an average of 34 days on market in Mar 2024, down by 40.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Leicester; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.