Is Leicester Township, 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 Township was a Seller's Market.
Key Takeaway
Leicester Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Leicester Township, NC
How much do homes in Leicester Township, NC cost?
Median Sold Price
$385,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Leicester Township have sold for 5.8% less than they did a year ago.
Summary: The median home sold price in Leicester Township was $385,000 in March 2024, down 5.8% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $84K | $262.5K | +212.5% |
| 2 Bedrooms | $321.5K | $257K | -20.1% |
| 3 Bedrooms | $406K | $385K | -5.2% |
| 4 Bedrooms | $523.3K | $582K | +11.2% |
| 5+ Bedrooms | $659.2K | $974.9K | +47.9% |
Summary: Leicester Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 212.5%, 2 bedroom homes decreased by 20.1%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 47.9%.
Median Sold Price Compared To Nearby Cities
| French Broad Township | $416.5K | $444K | +6.6% |
| Woodfin | $407.5K | $428K | +5.0% |
| Leicester | $399K | $385K | -3.5% |
| Leicester Township | $408.5K | $385K | -5.8% |
| Alexander | $407.5K | $375K | -8.0% |
Housing Supply in Leicester Township, NC
How many homes are available in Leicester Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 74 | 90 | +21.6% |
Summary: The Leicester Township real estate market had 90 homes for sale in March 2024, a 21.6% 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 | 6 | 6 | 0.0% |
| 3 Bedrooms | 48 | 56 | +16.7% |
| 4 Bedrooms | 11 | 16 | +45.5% |
| 5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Leicester Township 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Leicester Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Leicester Township in March 2024, down by 6.3% month-over-month. Of the 15 sold homes, 67% were sold under asking, 13% were sold at asking, and 20% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 58 Days | 47 Days | -19.8% |
Summary: Homes in Leicester Township had an average of 47 days on market in Mar 2024, down by 19.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Leicester Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 15 homes were sold in Leicester Township; 47% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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