Why Live in Leicester
Leicester, a small rural town in Vermont, offers a serene lifestyle with its picturesque setting in the foothills of the Green Mountains. With approximately 1,000 residents, the area is known for its mountain views and wooded privacy, featuring maple, birch, and pine trees. Leicester is situated at the intersection of Green Mountain National Forest and Lake Dunmore, both popular attractions for outdoor enthusiasts. Lake Dunmore spans 3 miles and offers public boating access, while Branbury State Park provides sandy beaches, swimming areas, and hiking trails. The Green Mountain National Forest, Vermont's only federally managed public national forest, offers extensive hiking and mountain biking trails, hunting and fishing areas, and campsites. Local farmsteads like Foxglove Farm and Forest produce maple syrup and free-range eggs, while Paddlers Pub offers waterfront dining with burgers and cocktails. Residences in Leicester range from quaint ranch-style cottages to larger Colonial-inspired farmhouses, with many homes offering privacy and scenic views. The town is served by U.S. Route 7, providing access to nearby Middlebury and Rutland, and features the unique Queen Connie sculpture as a local attraction. While the public schools have average ratings, Middlebury College, located 12 miles north, is renowned for its language programs and international studies.
Frequently Asked Questions
What is the average home price in Leicester, VT?
Homes for sale in Leicester, VT have an average home price of $441,333.
Are home prices dropping in Leicester?
Yes, home prices in Leicester are down 34% in the last 12 months.
How many homes have sold over the last 12 months in Leicester, VT?
3 homes have sold in Leicester, VT over the last 12 months.
What are the most popular zip codes in Leicester, VT?
How much do you need to make to afford a house in Leicester?
The median home price in Leicester is $475,000. If you put a 20% down payment of $95,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $2,470 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $106K a year to afford the median home price in Leicester.
How are the schools in Leicester, VT?
Home Trends in Leicester, VT
On average, homes in Leicester, VT sell after 8 days on the market compared to the national average of 50 days. The median sale price for homes in Leicester, VT over the last 12 months is $450,000, up 11% from the median home sale price over the previous 12 months.
Median Sale Price
$450,000
Median Single Family Sale Price
$550,000
Average Price Per Sq Ft
$273
Last 12 months Home Sales
3
Median List Price
$475,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
11%