$4,155 Closing Credit*
$349,900
1,556 SqFt
3 Beds
•1 Full Bath, 1 Partial
#73314578, Karen McLinden, Listing Office: Beautiful Day Real Estate
Is Worcester County, 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, 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
$465,120
$269/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$33,989(+7.9%)
Key Takeaway
Homes in Worcester County have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in Worcester County was $465,120 in October 2024, up 7.9% from last year, and the median price per square foot was $269.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230.2K | $241K | +4.7% |
| 2 Bedrooms | $340.3K | $362.1K | +6.4% |
| 3 Bedrooms | $420.8K | $453K | +7.6% |
| 4 Bedrooms | $550.1K | $599.9K | +9.1% |
| 5+ Bedrooms | $529.5K | $580K | +9.6% |
Summary: Worcester County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 9.6%.
Median Sold Price Compared To Nearby Counties
| Franklin County | $307K | $336.6K | +9.7% |
| Worcester County | $431.1K | $465.1K | +7.9% |
| Hampshire County | $390K | $420K | +7.7% |
| Norfolk County | $674.7K | $715K | +6.0% |
| Middlesex County | $742.9K | $780.3K | +5.0% |
Housing Supply in Worcester County, MA
How many homes are available in Worcester County, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2,579 | 2,706 | +4.9% |
Summary: The Worcester County real estate market had 2,706 homes for sale in October 2024, a 4.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 66 | 65 | -1.5% |
| 2 Bedrooms | 491 | 520 | +5.9% |
| 3 Bedrooms | 1,016 | 1,055 | +3.8% |
| 4 Bedrooms | 640 | 700 | +9.4% |
| 5+ Bedrooms | 366 | 366 | 0.0% |
Summary: The Worcester County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 1.5%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 638 | 706 | +10.7% |
Asking Price vs. Sold Price
236 Homes Were Sold
Under Asking
101 Homes Were Sold
At Asking
369 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Worcester County, you could pay more than the asking price. 52.3% of homes here sold above asking price last month.
Summary: A total of 706 homes were sold or pending in Worcester County in October 2024, up by 10.7% month-over-month. Of the 706 sold homes, 33% were sold under asking, 14% were sold at asking, and 52% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 30 Days | +3.3% |
Summary: Homes in Worcester County had an average of 30 days on market in Oct 2024, up by 3.3% compared to last year.
Breakdown of Home Sale Times
470 Homes Were Sold
Under 30 Days
196 Homes Were Sold
In 30 - 90 Days
40 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Worcester County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 706 homes were sold in Worcester County; 67% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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