Worcester, MA 01602 Real Estate & Property Data

Worcester, MA 01602 Real Estate Market Trends
Last Updated: April 19, 2024

A total of 257 residential properties have been sold over the past 12 months in 01602. With a median sales price of $375,000 in 01602 and a total of 2 foreclosures in Worcester, MA 01602. Discover market trends and get the granular level real estate data for Worcester, MA 01602 to keep your pulse on the housing market. Curate compelling home reports for Worcester, MA 01602 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Worcester, MA 01602 Real Estate Market Trends
Total Residential Properties 6,638
Total Commercial Properties 247
Avg. Home Age (Single Family Home) 77 Years
Avg. Square Feet (Single Family Home) 1,638
Total 2024 Residential Sales (year-to-date) 21
% of Homes Seriously Underwater (Q2 2024) 0.59%
Total 2023 Residential Sales 261
% of Equity Rich Homes (Q2 2024) 52.69%
Effective 2023 Property Tax 1.22%
Total Foreclosure Filings (year-to-date) 5
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Worcester, MA 01602 Real Estate Overview

There were 257 residential properties sold in the past year in Worcester, MA 01602. The median home value in Worcester, MA 01602 is $384,940. There are a total of 6,638 residential properties in the 01602.

Median Sales Price i
$375,000
(Feb 2024)
-3.8%
year-over-year
y-o-y
  • February '24 Feb '24 $375,000
  • January '24 Jan '24 $325,000
  • December '23 Dec '23 $374,000
  • November '23 Nov '23 $411,000
  • October '23 Oct '23 $460,000
  • September '23 Sep '23 $417,500
  • August '23 Aug '23 $415,000
  • July '23 Jul '23 $405,000
  • June '23 Jun '23 $420,000
  • May '23 May '23 $405,000
  • April '23 Apr '23 $384,750
  • March '23 Mar '23 $386,000
Median Down Payment i
$45,000
(Feb 2024)
+119%
year-over-year
y-o-y
  • February '24 Feb '24 $45,000
  • January '24 Jan '24 $25,000
  • December '23 Dec '23 $26,000
  • November '23 Nov '23 $31,000
  • October '23 Oct '23 $63,750
  • September '23 Sep '23 $91,587
  • August '23 Aug '23 $50,000
  • July '23 Jul '23 $39,000
  • June '23 Jun '23 $42,000
  • May '23 May '23 $40,648
  • April '23 Apr '23 $50,000
  • March '23 Mar '23 $63,000
Number of Homes Sold i
14
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 14
  • January '24 Jan '24 7
  • December '23 Dec '23 26
  • November '23 Nov '23 20
  • October '23 Oct '23 28
  • September '23 Sep '23 21
  • August '23 Aug '23 28
  • July '23 Jul '23 17
  • June '23 Jun '23 28
  • May '23 May '23 22
  • April '23 Apr '23 18
  • March '23 Mar '23 14
Number of Purchase Loans i
9
(Feb 2024)
-25%
year-over-year
y-o-y
  • February '24 Feb '24 9
  • January '24 Jan '24 6
  • December '23 Dec '23 18
  • November '23 Nov '23 20
  • October '23 Oct '23 20
  • September '23 Sep '23 16
  • August '23 Aug '23 13
  • July '23 Jul '23 11
  • June '23 Jun '23 21
  • May '23 May '23 15
  • April '23 Apr '23 15
  • March '23 Mar '23 17
Number of REFI Loans i
13
(Feb 2024)
+116.7%
year-over-year
y-o-y
  • February '24 Feb '24 13
  • January '24 Jan '24 11
  • December '23 Dec '23 8
  • November '23 Nov '23 9
  • October '23 Oct '23 15
  • September '23 Sep '23 11
  • August '23 Aug '23 12
  • July '23 Jul '23 12
  • June '23 Jun '23 16
  • May '23 May '23 12
  • April '23 Apr '23 9
  • March '23 Mar '23 9
Number of HELOC Loans i
8
(Feb 2024)
+14.3%
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 6
  • December '23 Dec '23 9
  • November '23 Nov '23 5
  • October '23 Oct '23 5
  • September '23 Sep '23 2
  • August '23 Aug '23 13
  • July '23 Jul '23 7
  • June '23 Jun '23 9
  • May '23 May '23 13
  • April '23 Apr '23 4
  • March '23 Mar '23 12

Worcester, MA 01602 Foreclosure Activity

There were a total of 2 Worcester, MA 01602 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
2
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 3
  • December '23 Dec '23 1
  • November '23 Nov '23 3
  • October '23 Oct '23 2
  • September '23 Sep '23 3
  • August '23 Aug '23 2
  • July '23 Jul '23 N/A
  • June '23 Jun '23 2
  • May '23 May '23 3
  • April '23 Apr '23 1
  • March '23 Mar '23 N/A
Foreclosure Starts i
1
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 2
  • December '23 Dec '23 1
  • November '23 Nov '23 2
  • October '23 Oct '23 1
  • September '23 Sep '23 1
  • August '23 Aug '23 2
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 2
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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