MA · Metro #58

Worcester - MA housing market

The Worcester metro has a typical home value of $487,476, up 2.0% from a year ago. Homes are moving fast at 8 days on market, a strong seller's market. 22% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$487,476
+2.0% vs. year ago
Median sale price
$443,346
+1.4% YoY
Median list price
$513,800
Sale-to-list ratio
100.9%
Selling above ask
Days on market
8d
Listings w/ price cut
21.6%
New listings / mo
1,214
+10.6% YoY
Homes for sale
2,353
+16.1% YoY
Typical rent
$2,170/mo
+2.1% YoY
Context

How to read this data

The typical home value ($487,476) is the Zillow Home Value Index for the Worcester - MA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 2.0% over the past year. In Worcester - MA, that means a home worth $477,918 last year is now worth roughly $487,476.

The median sale price , what homes actually close for , is $443,346. Homes are selling at 100.9% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Worcester - MA sit on the market for roughly 8 days before going pending. Shorter = seller's market; longer = buyer's market.

About 21.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,214 new listings hit the market each month in Worcester - MA. There are currently 2,353 homes for sale, up 16.1% from a year ago.

The typical monthly rent in Worcester - MA is $2,170, up 2.1% year over year. For investors, the price-to-rent ratio here is roughly 19x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

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Related

Other metros in MA

MetroHome value1-yr changeDays on market
Boston - MA$746,595 +1.7% 8.0d
Springfield - MA$381,545 +3.0% 9.0d
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