$240,000
11.80 Acres
Land
#73321056, Brenda Albert, Listing Office: LAER Realty Partners
Is Worcester County, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$469,196
$270/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$31,457(+7.2%)
Key Takeaway
Homes in Worcester County have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in Worcester County was $469,196 in November 2024, up 7.2% from last year, and the median price per square foot was $270.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $234.3K | $245K | +4.5% |
| 2 Bedrooms | $343.3K | $364.9K | +6.3% |
| 3 Bedrooms | $425K | $456.1K | +7.3% |
| 4 Bedrooms | $556.9K | $600.4K | +7.8% |
| 5+ Bedrooms | $539.3K | $586.2K | +8.7% |
Summary: Worcester County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 8.7%.
Median Sold Price Compared To Nearby Counties
| Hampshire County | $388.9K | $421.4K | +8.4% |
| Franklin County | $311.9K | $335.1K | +7.5% |
| Worcester County | $437.7K | $469.1K | +7.2% |
| Norfolk County | $677.6K | $719.4K | +6.2% |
| Middlesex County | $746.6K | $784.2K | +5.0% |
Housing Supply in Worcester County, MA
How many homes are available in Worcester County, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2,722 | 2,329 | -14.4% |
Summary: The Worcester County real estate market had 2,329 homes for sale in November 2024, a 14.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 66 | 54 | -18.2% |
| 2 Bedrooms | 526 | 445 | -15.4% |
| 3 Bedrooms | 1,068 | 935 | -12.5% |
| 4 Bedrooms | 685 | 579 | -15.5% |
| 5+ Bedrooms | 377 | 316 | -16.2% |
Summary: The Worcester County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.2%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 15.5%, and 5+ bedroom homes decreased by 16.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 761 | 642 | -15.6% |
Asking Price vs. Sold Price
223 Homes Were Sold
Under Asking
92 Homes Were Sold
At Asking
327 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Worcester County, you could pay more than the asking price. 50.9% of homes here sold above asking price last month.
Summary: A total of 642 homes were sold or pending in Worcester County in November 2024, down by 15.6% month-over-month. Of the 642 sold homes, 35% were sold under asking, 14% were sold at asking, and 51% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 32 Days | +11.6% |
Summary: Homes in Worcester County had an average of 32 days on market in Nov 2024, up by 11.6% compared to last year.
Breakdown of Home Sale Times
410 Homes Were Sold
Under 30 Days
196 Homes Were Sold
In 30 - 90 Days
33 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 November 2024, 642 homes were sold in Worcester County; 64% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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