Is Leicester, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Leicester has remained a Seller's Market.
Housing Prices in Leicester, MA
How much do homes in Leicester, MA cost?
Median Sold Price
$416,000
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Leicester was $416,000 in April 2024, up 9.5% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | $150K | -45.5% |
2 Bedrooms | $315K | $365.8K | +16.2% |
3 Bedrooms | $377.5K | $401K | +6.2% |
4 Bedrooms | $442.5K | $435.5K | -1.6% |
5+ Bedrooms | $411.5K | $615K | +49.5% |
Summary: Leicester housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.5%, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 49.5%.
Median Sold Price Compared To Nearby Cities
Paxton | $425K | $480K | +12.9% |
Leicester | $380K | $416K | +9.5% |
Cherry Valley | $367K | $390K | +6.3% |
Auburn | $408K | $425K | +4.2% |
Rochdale | $406K | $419.4K | +3.3% |
Housing Supply in Leicester, MA
How many homes are available in Leicester, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 29 | +7.4% |
Summary: The Leicester real estate market had 29 homes for sale in April 2024, a 7.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Leicester housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Leicester in April 2024, up by 80.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 19 Days | +4.6% |
Summary: Homes in Leicester had an average of 19 days on market in Apr 2024, up by 4.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Leicester; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.