$6,530 Closing Credit*
$549,900
2,147 SqFt
3 Beds
•2 Full Baths
#73312968, Jayne Diliberto Porter, Listing Office: A. J. Homes
Is East Worcester, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, East Worcester has remained a Seller's Market.
Key Takeaway
East Worcester is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Worcester, MA
How much do homes in East Worcester, MA cost?
Median Sold Price
$460,333
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$56,033(+13.9%)
Key Takeaway
Homes in East Worcester have sold for 13.9% more than they did a year ago.
Summary: The median home sold price in East Worcester was $460,333 in October 2024, up 13.9% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $249.9K | $270K | +8.0% |
| 2 Bedrooms | $293K | $305K | +4.1% |
| 3 Bedrooms | $400K | $420K | +5.0% |
| 4 Bedrooms | $402.5K | $470K | +16.8% |
| 5+ Bedrooms | $582K | $666K | +14.4% |
Summary: East Worcester housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 14.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Hamilton | $400K | $500K | +25.0% |
| Lake Park | $391.7K | $449K | +14.6% |
| East Worcester | $404.3K | $460.3K | +13.9% |
| Grafton Hill | $407K | $420K | +3.2% |
Housing Supply in East Worcester, MA
How many homes are available in East Worcester, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 109 | 112 | +2.8% |
Summary: The East Worcester real estate market had 112 homes for sale in October 2024, a 2.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 15 | 20 | +33.3% |
| 3 Bedrooms | 41 | 45 | +9.8% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 38 | 32 | -15.8% |
Summary: The East Worcester housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 9.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 15.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 32 | +23.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Worcester, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 32 homes were sold or pending in East Worcester in October 2024, up by 23.1% month-over-month. Of the 32 sold homes, 34% were sold under asking, 3% were sold at asking, and 63% were sold over asking.
Days on Market for East Worcester, MA
How long does it take to sell a home in East Worcester, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 27 Days | -10.1% |
Summary: Homes in East Worcester had an average of 27 days on market in Oct 2024, down by 10.1% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in East Worcester are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 32 homes were sold in East Worcester; 75% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
