Is North Worcester, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, North Worcester has remained a Seller's Market.
Housing Prices in North Worcester, MA
How much do homes in North Worcester, MA cost?
Median Sold Price
$420,000
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Worcester was $420,000 in April 2024, up 6.3% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $218K | $225K | +3.2% |
2 Bedrooms | $325K | $360K | +10.8% |
3 Bedrooms | $396K | $425K | +7.3% |
4 Bedrooms | $425K | $460K | +8.2% |
5+ Bedrooms | $555K | $585K | +5.4% |
Summary: North Worcester housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Neighborhoods
Greendale | $390K | $422.5K | +8.3% |
North Worcester | $395K | $420K | +6.3% |
Indian Lake East | $360K | $381K | +5.8% |
Burncoat | $397.4K | $400K | +0.6% |
Housing Supply in North Worcester, MA
How many homes are available in North Worcester, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
53 | 55 | +3.8% |
Summary: The North Worcester real estate market had 55 homes for sale in April 2024, a 3.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 13 | 13 | 0.0% |
3 Bedrooms | 20 | 20 | 0.0% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The North Worcester housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 13 | -23.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in North Worcester in April 2024, down by 23.5% month-over-month. Of the 13 sold homes, 0% were sold under asking, 15% were sold at asking, and 85% were sold over asking.
Days on Market for North Worcester, MA
How long does it take to sell a home in North Worcester, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 16 Days | 0.5% |
Summary: Homes in North Worcester had an average of 16 days on market in Apr 2024, up by 0.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in North Worcester; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.