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Featured local agent — Leicester, MA
Sarah Mitchell
Compass Real Estate · Leicester, MA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Leicester, MA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$424,500median sale price
How is the Leicester, MA housing market right now?
The median home sale price in Leicester, MA is $424,500, down 15.1% year-over-year. Homes sell in an average of 123 days with 15 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Leicester a buyer's or seller's market?
Leicester, MA is currently a balanced market, based on 2.1 months of supply and homes selling in about 123 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
123
Average pace
Active listings
15
2.1 months supply
Sale-to-list
97.3%
Below asking
What does the Leicester housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $424,500 |
| Median list price | $449,900 |
| Year-over-year price change | -15.1% |
| Average days on market | 123 days |
| Active inventory | 15 listings |
| Months of supply | 2.1 months |
| Sale-to-list price ratio | 97.3% |
| Median price per sq ft | $250/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 13 |
| Listings with a price cut | 33.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Leicester by property type?
How the Leicester, MA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $479,000 | $250/sq ft | 5 | 123 days |
| Condo / Co-op | $230,000 | $301/sq ft | 1 | 152 days |
| Townhouse | $339,000 | $249/sq ft | 1 | 120 days |
Source: Redfin · Updated monthly
The Leicester housing market is currently classified as a balanced market with a median sale price of $424,500. Prices have fallen 15.1% compared to last year, with homes spending an average of 123 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Leicester
There are currently 15 homes listed for sale in Leicester, Massachusetts. The median listing price is $450K.
Active listings
15
Homes on market
Median list price
$450K
Avg. days on market
123
Days until sale
New this week
13
Newly listed
What are homes worth in Leicester?
Zillow home value
$468,174
Source: Zillow Research
Which public schools serve Leicester?
4 schools tracked · 1,322 students
The largest public schools serving Leicester, MA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Leicester Elementary
Grades K-4 · 470 students
Leicester Middle
Grades 5-8 · 406 students
Leicester High
Grades 9-12 · 397 students
Leicester Integrated Preschool
Grades PK · 49 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Leicester, MA?
Want a head-to-head view? Compare Leicester side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Leicester?
The median home sale price in Leicester is $424,500, down 15.1% from last year.
How long do homes stay on market in Leicester?
Homes typically spend 123 days on market before going under contract.
Is Leicester a buyer's or seller's market?
With 2.1 months of supply, Leicester is currently a balanced market.
What is the Zillow home value estimate for Leicester?
The Zillow Home Value Index (ZHVI) for Leicester is $468,174, representing the typical home value in the area.
What is the median condo price in Leicester?
The median condo/co-op sale price in Leicester, MA is $230,000, compared to $479,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Leicester?
The median single-family home price in Leicester, MA is $479,000 (about $250 per square foot).
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