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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Worcester County is a seller's market

Buyer's
Market

Difference Since January 2023

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

Key Takeaway

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

Housing Prices in Worcester County, MA

How much do homes in Worcester County, MA cost?

Median Sold Price

$444,239

$256/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

+$29,538(+7.1%)

Key Takeaway

Homes in Worcester County have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Worcester County was $444,239 in January 2024, up 7.1% from last year, and the median price per square foot was $256.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $195K$232.1K
+19.0%
2 $324.8K$350K
+7.7%
3 $406.3K$429.8K
+5.8%
4 $525K$574K
+9.3%
5+ $500K$546.1K
+9.2%

Summary: Worcester County housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 9.2%.

Median Sold Price Compared To Nearby Counties

Franklin County
+10.1%
Worcester County
+7.1%
Norfolk County
+5.7%
Middlesex County
+5.2%
Hampshire County
+2.8%

Housing Supply in Worcester County, MA

How many homes are available in Worcester County, MA?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
1,7921,506-16.0%

Summary: The Worcester County real estate market had 1,506 homes for sale in January 2024, a 16.0% decrease compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 4138
-7.3%
2 374326
-12.8%
3 701554
-21.0%
4 396357
-9.8%
5+ 280231
-17.5%

Summary: The Worcester County housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.3%, 2 bedroom homes decreased by 12.8%, 3 bedroom homes decreased by 21%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes decreased by 17.5%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
668436-34.7%

Asking Price vs. Sold Price

165 Homes Were Sold
Under Asking

77 Homes Were Sold
At Asking

194 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Worcester County, you could pay more than the asking price. 44.5% of homes here sold above asking price last month.

Summary: A total of 436 homes were sold or pending in Worcester County in January 2024, down by 34.7% month-over-month. Of the 436 sold homes, 38% were sold under asking, 18% were sold at asking, and 44% were sold over asking.

Days on Market for Worcester County, MA

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

Average Sale Time

Jan 2023Jan 2024CHANGE
35 Days38 Days+6.6%

Summary: Homes in Worcester County had an average of 38 days on market in Jan 2024, up by 6.6% compared to last year.

Breakdown of Home Sale Times

252 Homes Were Sold
Under 30 Days

150 Homes Were Sold
In 30 - 90 Days

34 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During January 2024, 436 homes were sold in Worcester County; 58% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 8% 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 21 Days Ago

Newest Listings in Worcester County, MA

Nearby Markets to Worcester County, MA

What housing markets are near Worcester County, MA?