Leicester, NC

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Leicester short-term rental market based on reliable data.

Listings

50 / 74

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$30,467

Middle-Earners Revenue

Occupancy

50%

Middle-Earners Occupancy

Home Value

$420,121

Median Home Sale Price

Top Earners

$85,230

Top-Earners Revenue

Leicester

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Leicester.

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B

Generally Investor friendly

Leicester Regulations

Leicester’s STRs are governed by Buncombe County and are permitted citywide except in the Airport Impact Overlay, with no numeric caps; 1–2 small units need no SUP, while 3–10 units or larger require a discretionary SUP with site-plan review, safety standards, and Board of Adjustment hearings—moderate burden but a known, navigable process and supportive tone overall.

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About Leicester

Leicester is a small, unincorporated community located in Buncombe County, North Carolina. Known for its rural charm and serene landscapes, Leicester is situated about 12 miles northwest of Asheville, the nearest major city. The community has a population of approximately 12,000 residents and serves as a welcome retreat from the hustle and bustle of urban life.

Leicester is surrounded by natural beauty, making it inviting for short-term rentals, especially for those looking to explore the scenic vistas and outdoor activities in the region. The area offers a tranquil setting, perfect for vacationers wanting to unwind in a peaceful environment.

One notable landmark close to Leicester is the Biltmore Estate in Asheville, an iconic and expansive estate offering tours and various activities; more information can be found on the Biltmore Estate website.

In addition, the Blue Ridge Parkway, a renowned scenic highway that traverses through the Appalachian Mountains, is easily accessible from Leicester. This offers tourists the opportunity for picturesque drives, hiking, and photography. You can learn more about the Blue Ridge Parkway here.

Given its proximity to Asheville, guests staying in Leicester have convenient access to cultural attractions such as the Asheville Art Museum and the vibrant River Arts District. The Asheville Art Museum features contemporary art exhibits, while the River Arts District is home to numerous studios and galleries.

Leicester's appeal for short-term rentals lies in its mix of rural tranquility, beautiful landscapes, and proximity to notable landmarks and activities in the nearby city of Asheville, providing a balanced experience of relaxation and cultural exploration.

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