Is Leicester Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$387,037
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Leicester Township have sold for 5.6% less than they did a year ago.
Summary: The median home sold price in Leicester Township was $387,037 in April 2024, down 5.6% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $262.5K | N/A |
| 2 Bedrooms | $321.5K | $263.5K | -18.0% |
| 3 Bedrooms | $410K | $385K | -6.1% |
| 4 Bedrooms | $515.8K | $585K | +13.4% |
| 5+ Bedrooms | $630K | $974.9K | +54.8% |
Summary: Leicester Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 54.8%.
Median Sold Price Compared To Nearby Cities
| French Broad Township | $414.9K | $448.3K | +8.1% |
| Woodfin | $408.2K | $431.5K | +5.7% |
| Leicester | $400K | $385K | -3.8% |
| Leicester Township | $410K | $387K | -5.6% |
| 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
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 86 | 103 | +19.8% |
Summary: The Leicester Township real estate market had 103 homes for sale in April 2024, a 19.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 6 | 10 | +66.7% |
| 3 Bedrooms | 53 | 58 | +9.4% |
| 4 Bedrooms | 16 | 20 | +25.0% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The Leicester Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 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. 53.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Leicester Township in April 2024, the same as the previous month. Of the 15 sold homes, 53% were sold under asking, 7% were sold at asking, and 40% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 40 Days | 57 Days | +41.8% |
Summary: Homes in Leicester Township had an average of 57 days on market in Apr 2024, up by 41.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
5 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 April 2024, 15 homes were sold in Leicester Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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