The Downtown Worcester housing market is very competitive. The median sale price of a home in Downtown Worcester was $183K last month, down 27.9% since last year. The median sale price per square foot in Downtown Worcester is $197, down 7.9% since last year.
What is the housing market like in Downtown Worcester today?
In March 2024, Downtown Worcester home prices were down 27.9% compared to last year, selling for a median price of $183K. On average, homes in Downtown Worcester sell after 76 days on the market compared to 33 days last year. There were 2 homes sold in March this year, down from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$182,500
-27.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Worcester, MA
$182,500
-27.9%
United States
To compare other locations to the Downtown 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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Downtown Worcester housing market?
Downtown Worcester is very competitive. Homes sell in 20 days.
0
100
71
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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 20 days.
Hot homes
can sell for about 3% above list price and go pending in around 13 days.
Learn about schools in the Downtown Worcester area
Elementary
Middle
High
GreatSchools Rating
3/10
Elm Park Community
Public • K-6
456
Students
4 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Worcester housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Worcester.
Risk Factor
Flood Factor - Moderate
41% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Worcester has a moderate risk of flooding. 48 properties in Downtown Worcester are likely to be
severely affected
by flooding over the next 30 years. This represents 41% of all properties in Downtown Worcester. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Worcester has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Worcester is most at risk from hurricanes. 389 properties in Downtown 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 82 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 90 mph.
88% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Downtown Worcester has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 88% of homes in Downtown Worcester have a Moderate Heat Factor®.
Downtown Worcester is expected to see a 142% increase in the number of days over 93ºF over the next 30 years. Downtown Worcester is expected to experience 8