The Worcester housing market is very competitive. Homes in Worcester receive 5 offers on average and sell in around 19 days. The median sale price of a home in Worcester was $431K last month, up 7.6% since last year. The median sale price per square foot in Worcester is $270, up 1.9% since last year.
What is the housing market like in Worcester today?
In April 2024, Worcester home prices were up 7.6% compared to last year, selling for a median price of $431K. On average, homes in Worcester sell after 19 days on the market compared to 15 days last year. There were 90 homes sold in April this year, up from 83 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$430,500
+7.6% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Worcester, MA
$430,500
+7.6%
United States
To compare other locations to the Worcester and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Worcester add value to a home.
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How hot is the Worcester housing market?
Worcester is very competitive. Homes sell in 19 days.
0
100
88
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 19 days.
Hot homes
can sell for about 6% above list price and go pending in around 11 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Worcester
Explore recent offers and recently sold homes in Worcester
Recent offers
Offer Not Accepted|
6 Weeks Ago
~$400K Offer
Sold for $400K
2bd | 2ba | ~1,000sqft
Over List Price
8%
Days on Market
13
Competing Offers
8
Down Payment
—
Brian OKeefe
Worcester Redfin Agent
Winning offer was cash and waived all contingencies
Offer Not Accepted|
11 Weeks Ago
~$425K Offer
Sold for $425K
3bd | 1.5ba | ~1,500sqft
Over List Price
1%
Days on Market
28
Competing Offers
4
Down Payment
<10%
Kristin Moore
Worcester Redfin Agent
We went slightly over asking, but asked for an inspection and an appraisal contingency. Generally in 2024 we have seen that buyers need to write more competitive offers in order to have their offer selected in a multiple offer scenario. As a rule of thumb I recommend adding at least 5% on to any list price and think about offering 10% over if you don't want to lose the home. …
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Climate's impact on Worcester housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Worcester.
Risk Factor
Flood Factor - Moderate
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Worcester has a moderate risk of flooding. 4,459 properties in Worcester are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Worcester. Flood risk is increasing slower than the national average.
20% of properties are at risk of wildfire over the next 30 years
Fire Factor
Worcester has a moderate risk of wildfire. There are 8,423 properties in Worcester that have some risk of being affected by wildfire over the next 30 years. This represents 20% of all properties in Worcester.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Worcester has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Worcester is most at risk from hurricanes. 42,056 properties in Worcester have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 92 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 104 mph.