Leicester housing market

September 2026 · All Residences

Leicester's median sale price rose 7.1% compared with the same month last year. Homes sold more slowly than a year ago, at a median of 32 days on market. Sellers received a median 98.4% of their final list price.

What this means for sellers

Recent sales are the best guide to pricing. A considered launch usually matters more than timing the market.

What this means for buyers

There is a reasonable selection of homes, giving time to compare options before making an offer.

Key figures

Closed sales: 13 this month · 37 last 3 months · 107 trailing 12 months

Median days on market

32 days

Prior month: 24 days · MoM +33.3%

Last year: 18 days · YoY +77.8%

Average days on market

—

Prior month: — · MoM: —

Last year: — · YoY: —

Cumulative days on market

—

Prior month: — · MoM: —

Last year: — · YoY: —

Closed sales (month)

13

Prior month: 12 · MoM +8.3%

Last year: 11 · YoY +18.2%

Median sale price

$500,000

Prior month: $445,000 · MoM +12.4%

Last year: $467,000 · YoY +7.1%

Average sale price

$486,923

Prior month: $500,825 · MoM -2.8%

Last year: $470,682 · YoY +3.5%

Median price per sq ft

$286

Prior month: $294 · MoM -2.7%

Last year: $261 · YoY +9.6%

New listings

17

Prior month: 20 · MoM -15%

Last year: 19 · YoY -10.5%

Active inventory

—

Prior month: — · MoM: —

Last year: — · YoY: —

Pending sales

—

Prior month: — · MoM: —

Last year: — · YoY: —

Months of supply

—

Prior month: — · MoM: —

Last year: — · YoY: —

Absorption rate

—

Prior month: — · MoM: —

Last year: — · YoY: —

Sale-to-list ratio

98.4%

Prior month: 102.4% · MoM -3.9%

Last year: 101% · YoY -2.6%

Sold over asking

—

Prior month: — · MoM: —

Last year: — · YoY: —

With price reductions

—

Prior month: — · MoM: —

Last year: — · YoY: —

Trends

Median sale price

Median sale price moved from $449,900 in October 2024 to $500,000 in September 2026.

View as table
MonthMedian price
October 2024$449,900
November 2024$430,000
December 2024—
January 2025—
February 2025—
March 2025—
April 2025—
May 2025—
June 2025$478,373
July 2025—
August 2025—
September 2025$467,000
October 2025$386,500
November 2025$463,750
December 2025—
January 2026—
February 2026—
March 2026—
April 2026—
May 2026—
June 2026$452,000
July 2026$445,000
August 2026$445,000
September 2026$500,000
Closed sales vs. new listings

In September 2026: 13 closed sales and 17 new listings.

View as table
MonthClosed salesNew listings
October 20241320
November 20241111
December 202496
January 202578
February 202594
March 202546
April 202558
May 2025718
June 20251016
July 202599
August 2025912
September 20251119
October 20251020
November 2025107
December 202576
January 202662
February 202645
March 2026610
April 2026812
May 2026813
June 20261122
July 20261213
August 20261220
September 20261317
Days on market

Days on market moved from 19 in October 2024 to 32 in September 2026.

View as table
MonthMedian days
October 202419
November 202439
December 2024—
January 2025—
February 2025—
March 2025—
April 2025—
May 2025—
June 202520
July 2025—
August 2025—
September 202518
October 202521
November 202527
December 2025—
January 2026—
February 2026—
March 2026—
April 2026—
May 2026—
June 202618
July 202626
August 202624
September 202632
Months of supply

Months of supply: not enough history yet.

View as table
MonthMonths
October 2024—
November 2024—
December 2024—
January 2025—
February 2025—
March 2025—
April 2025—
May 2025—
June 2025—
July 2025—
August 2025—
September 2025—
October 2025—
November 2025—
December 2025—
January 2026—
February 2026—
March 2026—
April 2026—
May 2026—
June 2026—
July 2026—
August 2026—
September 2026—
Sale-to-list ratio

Sale-to-list ratio moved from 100% in October 2024 to 98.4% in September 2026.

View as table
Month% of list
October 2024100%
November 2024100%
December 2024—
January 2025—
February 2025—
March 2025—
April 2025—
May 2025—
June 2025100%
July 2025—
August 2025—
September 2025101%
October 2025100.4%
November 202599.2%
December 2025—
January 2026—
February 2026—
March 2026—
April 2026—
May 2026—
June 2026105.2%
July 2026100.6%
August 2026102.4%
September 202698.4%

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Reporting period: September 2026. Source: MLS PIN. Data deemed reliable but not guaranteed. Updated October 28, 2026. Aggregate statistics only.