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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Worcester is a seller's market

Buyer's
Market

Difference Since April 2021

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.

How much do homes in Worcester, MA cost?

Median Sold Price

$365,368

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$52,725(+16.9%)

Key Takeaway

Homes in Worcester have sold for 16.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $141K$180K
+27.7%
2 $229.7K$255.3K
+11.2%
3 $305K$350.8K
+15.0%
4 $345K$412K
+19.4%
5+ $430.6K$500K
+16.1%

Median Sold Price Compared To Nearby Cities

Worcester
+16.9%
Auburn
+16.7%
Shrewsbury
+10.3%
Millbury
+8.5%
Cherry Valley
+5.1%

How many homes are available in Worcester, MA?

Number of Homes For Sale

Mar 2022Apr 2022%
477553+15.9%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 813
+62.5%
2 88100
+13.6%
3 178204
+14.6%
4 7084
+20.0%
5+ 133152
+14.3%

Number of Homes Sold

Mar 2022Apr 2022%
136116-14.7%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

96 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. 82.8% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
20 Days20 Days+2.2%

Breakdown of Home Sale Times

103 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

4 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.

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

130 Heywood St, Worcester, MA 01604

130 Heywood St, Worcester, MA 01604

$699,000
4,335 SqFt
9 Bedrooms
~$3,150/mo.*3 Full Baths
Andreia Bianchi#72985998Listing Office:
Mega Realty ServicesMLS logo
70 Randall St, Worcester, MA 01606

70 Randall St, Worcester, MA 01606

$339,900
1,095 SqFt
3 Bedrooms
~$1,500/mo.*1 Full Bath
Jayne Diliberto Porter#72985996Listing Office:
A. J. HomesMLS logo
250 Coburn Ave, Worcester, MA 01604

250 Coburn Ave, Worcester, MA 01604

$559,900
2,623 SqFt
4 Bedrooms
~$2,500/mo.*2 Full Baths
Maria Reed#72985911Listing Office:
RE/MAX Advantage 1MLS logo
142 Chandler St, Worcester, MA 01609

142 Chandler St, Worcester, MA 01609

$88,000
4,824 SqFt
6 Bedrooms
~$400/mo.*2 Full Baths
Zantia Seda#72985889Listing Office:
Lamacchia Realty, Inc.MLS logo
40 Pointe Rok Unit 40, Worcester, MA 01604

40 Pointe Rok Unit 40, Worcester, MA 01604

$289,900
1,739 SqFt
3 Bedrooms
~$1,300/mo.*3 Full Baths
Karen Manring#72985882Listing Office:
OPEN DOOR Real EstateMLS logo
32 Providence St Unit 2, Worcester, MA 01604

32 Providence St Unit 2, Worcester, MA 01604

$239,000
950 SqFt
2 Bedrooms
~$1,050/mo.*1 Full Bath
Team Molet#72985769Listing Office:
Keller Williams Realty North CentralMLS logo
34 Sarah Dr, Worcester, MA 01607

34 Sarah Dr, Worcester, MA 01607

$465,000
1,400 SqFt
3 Bedrooms
~$2,100/mo.*1 Full Bath, 1 Partial
Van Khanh Nguyen#72985775Listing Office:
Coldwell Banker Realty - WorcesterMLS logo
10 Puritan Ave, Worcester, MA 01604

10 Puritan Ave, Worcester, MA 01604

$349,900
1,299 SqFt
4 Bedrooms
~$1,550/mo.*1 Full Bath, 1 Partial
Amy Bisson#72985736Listing Office:
Lamacchia Realty, Inc.MLS logo
51 Redfield Rd, Worcester, MA 01603

51 Redfield Rd, Worcester, MA 01603

$389,900
960 SqFt
3 Bedrooms
~$1,750/mo.*2 Full Baths
Mary Ellen Pratte#72985711Listing Office:
9 West RealtyMLS logo
26 Creston St, Worcester, MA 01604

26 Creston St, Worcester, MA 01604

$364,900
1,472 SqFt
3 Bedrooms
~$1,650/mo.*2 Full Baths, 1 Partial
Genevieve Botelho#72985615Listing Office:
Lamacchia Realty, Inc.MLS logo
13 Maranda St, Worcester, MA 01604

13 Maranda St, Worcester, MA 01604

$445,000
2,346 SqFt
3 Bedrooms
~$2,000/mo.*1 Full Bath, 1 Partial
Van Khanh Nguyen#72985556Listing Office:
Coldwell Banker Realty - WorcesterMLS logo
14 Indiana St, Worcester, MA 01604

14 Indiana St, Worcester, MA 01604

$385,000
1,736 SqFt
3 Bedrooms
~$1,750/mo.*2 Full Baths, 1 Partial
Van Khanh Nguyen#72985539Listing Office:
Coldwell Banker Realty - WorcesterMLS logo

About Worcester, MA

Homes for sale in Worcester, MA have reached 553. The number of listings in Worcester, MA increased by 15.9% between March 2022 and April 2022. The median list price of listings available in April 2022 was $365,368, while the average time on the real estate market was 20 days. Real estate listing prices changed between March 2022 and April 2022: prices of 1 bedroom properties increased by 27.7%, 2 bedrooms properties prices increased by 11.2%, prices of 3 bedrooms properties increased by 15%, prices of 4 bedrooms properties increased by 19.4%, prices of 5 bedrooms properties increased by 16.1%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes became 62.5% more available, 2 bedrooms homes became 13.6% more available, the quantity of 3 bedrooms homes went up by 14.6%, volume of 4 bedrooms homes went up by 20%, volume of 5 bedrooms homes went up by 14.3%. Worcester, MA housing market in April 2022 saw over 96 listings sold above listed price, more than 6 sold at listed price and over 14 sold below.

MLS Disclaimers and Copyright

Based on information from MLS Property Information Network Inc. for the period 05/01/2020 - 05/01/2022

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2022, 9:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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