Is Leicester, NC 28748 a buyer’s or seller’s market?

The Leicester housing market right now

In the three months ending August 31, 2026, 9% of homes in Leicester, NC 28748 sold above their list price, the typical home went under contract in 75 days and there were 6.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 44 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 7%, homes sold more slowly (51 days then) and the median sale price rose 18% to $494,786. Overall, Leicester is less competitive than a year ago, which gives buyers more room.

Within Buncombe County, homes here sell more slowly than in 85% of the county’s ZIP codes, and sell less often over asking than in 62%. On our competition score, Leicester ranks #366 of 424 NC ZIP codes with enough sales (score 14 out of 100).

Nearby, buyers who want less competition could look at Alexander 28701 (5% sold over asking) or Asheville 28803 (6% sold over asking), while Asheville 28801 (18% sold over asking) and Fairview 28730 (17% sold over asking) are even more competitive.