Is Worcester, MA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Worcester is a seller's market


Difference Since November 2022

Since last year, Worcester has remained a Seller's Market.

Key Takeaway

Worcester is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Worcester, MA

How much do homes in Worcester, MA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Worcester have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Worcester was $414,280 in November 2023, up 6.9% from last year, and the median price per square foot was $240.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $180K$191.7K
2 $285.4K$300K
3 $374.7K$405K
4 $425.6K$445K
5+ $549.1K$593K

Summary: Worcester housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 6.5%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 8%.

Median Sold Price Compared To Nearby Cities

Cherry Valley

Housing Supply in Worcester, MA

How many homes are available in Worcester, MA?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Worcester real estate market had 378 homes for sale in November 2023, a 8.7% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 96
2 7684
3 146132
4 6964
5+ 11492

Summary: The Worcester housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 10.5%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes decreased by 19.3%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

73 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Worcester, you could pay more than the asking price. 68.9% of homes here sold above asking price last month.

Summary: A total of 106 homes were sold or pending in Worcester in November 2023, down by 15.9% month-over-month. Of the 106 sold homes, 18% were sold under asking, 13% were sold at asking, and 69% were sold over asking.

Days on Market for Worcester, MA

How long does it take to sell a home in Worcester, MA?

Average Sale Time

Nov 2022Nov 2023CHANGE
28 Days21 Days-25.1%

Summary: Homes in Worcester had an average of 21 days on market in Nov 2023, down by 25.1% compared to last year.

Breakdown of Home Sale Times

89 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Worcester are selling fast, if you're buying plan to act quickly.

Summary: During November 2023, 106 homes were sold in Worcester; 84% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in Worcester, MA

Nearby Markets to Worcester, MA

What housing markets are near Worcester, MA?