What is the average home price in Leicester, MA 01524?

As of May '26, the median home price in Leicester, MA 01524 is $472,000, based on Zillow home estimates.

How have home prices in Leicester, MA 01524 changed over the past year?

As of May '26, home prices have increased 2.1% over the past year, according to Zillow home estimates data.

What is the home price projection for Leicester, MA 01524?

As of May '26, Zillow projects home prices in Leicester, MA 01524 to increase 2.1% in the next year.

What are the demographics of Leicester, MA 01524?

According to the latest Census, the demographics of Leicester, MA 01524 are 86.0% White, 6.1% Black, 0.4% Asian, 4.6% Hispanic. The population is 6,110, with 21.6% under 18 years old.

How long does it take homes to sell in Leicester, MA 01524?

According to Realtor.com, as of May '26, the median home in Leicester, MA 01524 is on the market for 25 days. This is a decrease of 75.0% from last year.

What is the average rent price in Leicester, MA 01524?

The average rent price in Leicester, MA 01524, as of the latest data, is $2,420. The average rent for 1 bedroom homes is $1,550. For 2, 3, and 4 bedroom homes, the average rent is $2,560, $2,900, and $2,500 respectively.

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Leicester, MA—01524

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$472,000

2.1% YoY Growth

Household Income

$93,200

30.1% YoY Growth

Days on Market

75.0% Shorter YoY

Home Price Forecast

2.1%

Median Rent

$2,500

29.4% YoY Growth

1-Bed Rent

$1,550

29.2% YoY Growth

2-Bed Rent

$2,450

0.8% YoY Growth

3-Bed Rent

$2,900

N/A

Other Zip Codes in Leicester, MA

01611 01542

Home Price Trends — Leicester, MA

As of May '26, the median home price in Leicester, MA is $472,000, with a year-over-year change of 2.1%. This indicates that home prices in Leicester, MA are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$472,000	2.1%
Single Family	$479,000	2.1%
Condos	$370,000	2.5%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$529,000	-9.0%
Listing Count	17	-12.0%
Listings as % of Homes	0.3%	-12.0%
Days on Market	25	-75.0%

Metric	Latest Census	YoY % Change
Population	6,110	-11.5%
% Under 18	21.6%	39.4%
% Seniors	14.9%	-5.1%
% WFH	9.4%	123.8%
% w/ College Degree	30.7%	4.4%

Metric	Zip Code Average
Total Loan Originations	129
% Conventional Loans	87.0%
% Government Loans	13.0%
% Investor Loans	3.0%
% Second Loans	2.0%
% Cash Out Refinance	13.0%

Total Units under HUD	9
Total Units Section 8	9
% Rentals under Section 8	5.2%
% Occupied Section 8	N/A

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$380	$1,550	$1,170
2 Bedroom	-$950	$2,450	$1,500
3 Bedroom	-$1,090	$2,900	$1,810
4 Bedroom	-$500	$2,500	$2,000

Leicester, MA—01524

Key Metrics at a Glance

Other Zip Codes in Leicester, MA

Home Price Trends — Leicester, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Leicester, MA

% of Rental Stock

Property Listings — Leicester, MA

Demographics — Leicester, MA

Race and Ethnicity

Mortgage and Risk — Leicester, MA

Mortgages

Rentals and Section 8 — Leicester, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Leicester, MA

Home Price to Income Ratio

Leicester, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Leicester, MA

Leicester, MA

Paxton, MA

Spencer, MA

Worcester, MA

Frequently Asked Questions

Type	Median Rent	Average Rent
Average Rent	$2,500	$2,420
Studio Rent	N/A	N/A
1 Bed Rent	$1,550	$1,550
2 Bed Rent	$2,450	$2,560
3 Bed Rent	$2,900	$2,900
4 Bed Rent	$2,500	$2,500

Metric	Latest Census	5-Year % Change
% White	86.0%	-6.6%
% Black	6.1%	177.3%
% Hispanic	4.6%	27.8%
% Asian	0.4%	-33.3%
% Foreign Born	6.0%	-7.7%

Metric	Zip Code Average
Home Price to Income Ratio	4.4
Median Home Price	$472,000
Median Household Income	$93,200