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Housing in Leicester

A typical Leicester home is worth roughly $147,000

No new homes were permitted in 2025.

Typical home value
$147K
NY $424K
Estimate
Median sale price
$162K
March 2026 · Redfin
Homes sold
1
in March
2-bedroom rent
$1,340
a month, utilities in · HUD
Median tax bill
$3,548
NY $6,582

Only 1 sale in March 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.

What kind of housing town is Leicester?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Leicester

Try your own numbers below.

You could afford about
$307,000
Typical Leicester home $147K

That covers a typical Leicester home, with $160K to spare.

The typical home, each month
$960
Loan $730Tax $190Insurance $40

A two-bedroom rents for about $1,340 a month here, $380 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the New York typical property tax (1.55% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

90% of Leicester households own their home

Half of Leicester’s homes were built before 1957.

Owners and renters
Own 90%Rent 10%

New York: 54% own.

1957
typical home built · NY 1959
$3,548
median property tax bill · NY $6,582

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,340

Renters already here pay a median of $967, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$950
1 bedroom$1,070
2 bedrooms$1,340
3 bedrooms$1,610
4 bedrooms$1,770
10%
of households rent · NY 46%
16
renter households
$967
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Rochester, NY MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

No new homes permitted in 2025

No permits for new homes were issued in Leicester in 2025. The last year with any was 2011 (2 new homes).

Single-family
012 200320052010201520202025
0
new homes permitted in 2025
0
2026 so far (Jan–Aug)
0
homes in the past 10 years
Homes vs. people, 2010–2020
Residents−28
New homes+2

Between the 2010 and 2020 censuses, Leicester's population fell by 28 even though 2 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across New York: 2.2 new residents per new home.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024000—
2023000—
2022000—
2021000—
2020000—
2019000—
2018000—
2017000—
2016000—
2015000—
2014000—
2013000—
2012000—
2011220$210,000
2010000—
2009000—
2008000—
2007000—
2006000—
2005000—
2004000—
2003000—

Leicester's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

Neighbors talk housing

What Leicester buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Leicester still affordable for young families?

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Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, March 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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