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Leicester

Leicester

Located in Buncombe County

$486,006 Average Value
$302 Average Price per Sq Ft
64 Homes For Sale

Space and a slower pace draw homebuyers to Leicester

While the pronunciation of Leicester is a heated debate, with some saying “Les-ter” and others saying “Lei-ses-ter,” many agree on the community’s main draws. The Buncombe County enclave offers country living and mountain views in the rolling hills northwest of Asheville. “There are lots of farmers out there,” says Alexandra Schrank , a Realtor with Re/Max Executive who’s lived in Asheville for 15 years. “I have a friend who bought 40 acres in Leicester. They have a hemp farm. They love it out there. It’s so gorgeous.” Leicester’s residents are close-knit, with children often attending the same schools and a vibrant community center at its heart. The enclave puts residents in reach of parks and trails in the Blue Ridge Mountains and the culture and cuisine of Asheville , which is only about 11 miles away.

A variety of single-family homes in the countryside near Asheville

Whether looking for a secluded single-family home in the woods, a farm with several acres or a bucolic subdivision, homebuyers have options in Leicester. Architecture is diverse, ranging from ranch-style homes and farmhouses to neotraditional designs and new construction. The Ridge, a gated community off Bear Creek Road, is sought-after for its custom luxury homes on one-acre lots, while the Craftsman homes in the private Mountain View Acres community have views of mountains in the distance.
The median price for a single-family home in Leicester is around $390,000, slightly below the national median. Most homes fall between $300,000 and $875,000. However, particularly large custom homes and farmsteads start around $1 million and can exceed $2 million.

Buncombe County's education options from prekindergarten to university

Buncombe County Schools receives an A-minus overall rating from Niche and has 45 schools serving more than 22,000 students. Most homes in Leicester are zoned for Leicester Elementary, Joe P. Eblen Intermediate, Clyde A. Erwin Middle and Clyde A. Erwin High, which all earn B-minus ratings. The high school offers a career academy, which features a week-long job shadowing experience.
Asheville offers private schools, such as the A-plus-rated French Broad River Academy, and higher education. The University of North Carolina Asheville and Asheville-Buncombe Technical Community College are about 10 miles away.

Events, classes and markets at Leicester Community Center

The Leicester Community Center has been a focal point of community and youth programming for generations. In addition to having rentable meeting space and recreational amenities, it offers a packed calendar that includes monthly Community Art Nights, where residents can participate in various craft projects, and weekly adult movement classes, which welcome dancers of all skill levels. More than 30 vendors set up tents at the Leicester Farmers Market, held at the community center every Wednesday evening from May through October.

Exploring the great outdoors in Buncombe County and beyond

The Asheville region is known for its outdoor activities, from scenic hikes in the Blue Ridge Mountains to whitewater rafting along the French Broad River. The Harmon Den Wildlife Management Area, which is part of Pisgah National Forest, is fewer than 30 miles from Leicester and offers horseback riding trails and campsites. Ledges River Park provides kayakers with an access point for the French Broad River. The park is one of the few riverside green spaces to reopen after Hurricane Helene in September 2024. The grounds of Leicester Community Center feature a playground, basketball court, baseball field and walking path. Nearby, the Leicester Branch Library is home to the Leicester Library Giving Garden, where volunteers tend to a garden, a pollinator habitat and an orchard. In 2023, the garden cultivated more than 1,100 pounds of produce for the community.

There are a few stores, but most shopping is done in Asheville

Shops and restaurants dot state Route 63, also known as New Leicester Highway, between Leicester and Asheville. The family-owned Grateful Roots Market & Deli is a popular stop for lunch and groceries. “You can go there and get locally grown food and local soap – all types of stuff, including hemp and CBD,” Schrank says. Restaurants include Salty Goat Grill, a relaxed spot for American fare, and Shorties Drive-thru BBQ, which offers walk-up and drive-through service for brisket sandwiches and barbecue plates. Asheville offers boutique shopping downtown and name-brand shopping around the Asheville Mall, Western North Carolina’s largest indoor shopping mall with more than 100 stores. Ingles Markets is the closest grocery chain, about 5 ½ miles from the center of Leicester. The nearest full-service hospital, Mission Hospital, is about 13 miles away.

Leicester is a car-dependent community

Commuters in Leicester take two-lane country roads to reach state Route 63, also called New Leicester Highway, which heads east into Asheville and west into the mountains. Two major North Carolina highways meet in Asheville, Interstates 40 and 26. I-40 crosses the state west to east, while I-26 goes north towards the Virginia border and south into South Carolina. The closest bus stops for Asheville Rides Transit are near the Ingles Markets off New Leicester Highway. Asheville Regional Airport is a little over 20 miles from Leicester.

Important to know

According to FEMA's National Risk Index, Buncombe County’s risk for hurricanes is relatively low. However, the region continues to recover from Hurricane Helene, which caused devastating landslides and flooding throughout Western North Carolina in 2024. Schrank notes that Leicester fared well in the storm and did not experience nearly as much damage as hard-hit communities like Asheville. Many creeks flow through Leicester, and FEMA flood maps indicate that some properties along these waterways face a flood risk.

DeeVa Payne
Written By
DeeVa Payne

Interested in learning more about homes in this area? Reach out to Bob Ray, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Leicester Housing Trends

Housing Trends

Median List Price
$505,000
Median Sale Price
$407,500
Median Single Family Sale Price
$485,950
Median 2 Bedroom Sale Price
$275,000
Median Change From 1st List Price
3%
Last 12 months Home Sales
118
Median Home Sale Price YoY Change
-7%
Average Price Per Sq Ft
$302

Area Facts

Number of Homes in Neighborhood
2,480
Number of Homes for Sale
64
Median Year Built
1995
Months of Supply
6.50
Average Single Family Home Size Sq Ft
1,778
Below the national average
1,924
Average 2 Bedroom Size Sq Ft
1,305
Median Lot Size Sq Ft
40,946

Open Houses

  • Sunday, Sep 21
    Open Sun 2PM - 4PM

    223 Reilly Dr, Leicester, NC 28748

    $625,000

    • 3 Beds
    • 2 Baths
    • 1,967 Sq Ft
    • 223 Reilly Dr

    Motivated sellers! Near to groceries, gas stations, the library, great restaurants, a wonderful community center, and local farmers markets you'll discover the perfect blend of craftsmanship and modern design in this stunning arts and crafts home just 20 minutes from Asheville and move-in ready. A walkway leads to the covered front porch. Inside, the open floor plan features a fireplace with a

    Jessica Jackson Town and Mountain Realty

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Leicester Has More Owners

Demographics

Total Population
12,978
Median Age
44
Population under 18
21.8%
On par with the national average
23.8%
Population over 65
21.8%
On par with the national average
19.1%

Finances

Median Household Income
$50,726
Significantly below the national average
$71,702
Average Household Income
$66,939

Education and Workforce

High School Graduates
83.8%
College Graduates
18.3%
Below the national average
34.1%
Advanced Degrees
5.1%
Below the national average
13.3%
% Population in Labor Force
65.4%

Weather

Annual Precipitation
46''
Average Winter Low Temperature
27°F
Average Summer High Temperature
84°F
Annual Snowfall
0''

Area Factors

Car-Dependent

Walk Score®®

0 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Leicester
Bob Ray
Asheville Realty & Associates
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