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LEICESTER, MA 01524

Real Estate Market Report
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The LEICESTER, MA real estate market (01524) currently shows 5 active listings, with 2 pending sales. Homes are averaging 17 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 17 days on market compared to 121 days last year.

The median listing price has fallen 30.8% year-over-year, from $600,000 to $415,000.

Whether you are buying or selling in LEICESTER, MA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 6,077  ·  Density: 147.6/mi²  ·  Median household income: $88,933

Typical home value: $349,776  ·  Homeownership: 84.7%

Market Overview

Active Listings
5
⇩ 50% vs 10 last year
Pending
2
40% pending ratio
Median Price
$415,000
⇩ 30.8% vs $600,000 last year
Average Price
$426,619
⇩ 56.6% vs $982,750 last year
Days on Market
17
⇩ 86% vs 121 days last year

Price Per Square Foot

Median $/sqft
$327
⇧ 50.7% vs $217/sqft last year
Median Home Size
1,341 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 10 last year
  • Days on market: 17 now vs 121 last year

Median & Average Pricing

Year over Year
  • Median: $415,000 (-30.8% YoY)
  • Average: $426,619 (-56.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.2 miles — 175 listings ($88,270,922 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
01524Leicester, MA 015240.0 mi4$1,777,508$427,475$444,377
01562Spencer, MA 015623.7 mi12$5,960,748$464,925$496,729
01602Worcester, MA 016023.9 mi37$18,945,480$539,950$512,040
01501Auburn, MA 015015.3 mi13$7,791,225$582,975$599,325
01610Worcester, MA 016105.6 mi5$1,869,085$385,000$373,817
01537North Oxford, MA 015376.2 mi4$1,362,284$324,450$340,571
01520Holden, MA 015207.0 mi11$7,311,733$675,700$664,703
01605Worcester, MA 016057.3 mi16$7,672,928$485,950$479,558
01604Worcester, MA 016047.8 mi26$10,996,752$420,450$422,952
01507Charlton, MA 015078.3 mi16$8,883,856$482,250$555,241
01522Jefferson, MA 015229.5 mi2$1,149,800$574,900$574,900
01543Rutland, MA 015439.7 mi25$12,723,175$498,000$508,927
01506Brookfield, MA 0150610.2 mi4$1,826,348$422,400$456,587

Frequently Asked Questions

How many homes are for sale in LEICESTER, MA 01524?

As of March 2026, there are 5 active listings in LEICESTER, MA (zip code 01524), compared to 10 the prior year.

What is the median home price in LEICESTER, MA 01524?

The median listing price in LEICESTER, MA 01524 is $415,000 as of March 2026, a 30.8% decrease from $600,000 the prior year.

How long do homes stay on the market in LEICESTER, MA?

Homes in LEICESTER, MA 01524 spend an average of 17 days on the market before going under contract, compared to 121 days the prior year.

Is it a seller's or buyer's market in LEICESTER, MA 01524?

Based on current inventory and days-on-market data as of March 2026, LEICESTER, MA 01524 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 17 days on market compared to 121 days last year.

How much can I save on real estate commission in LEICESTER, MA?

With SELL123.com's maximum 3% commission, sellers in LEICESTER, MA 01524 save an estimated $8,300 compared to a typical 5% commission on the median listing price of $415,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.