Sell my house fast in Worcester, Massachusetts with an iBuyer

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Worcester real estate market overview

  • Average Monthly Rent: $1,724
  • Home Price/Value Percentage Change: 5.40%
  • Median Home Value: $370,666
  • Best Time To Sell a Home: August
  • Affordability Index: Moderate
  • Days To Sell a House: 55
  • Job Market: Fair
  • Public School Ranking: 1

Location and weather

Worcester is in Worcester County, located 40 miles from Boston and 38 miles from Springfield. It was named after Worcester, England and is known as the "Heart of the Commonwealth". It offers the perks of both a large and small city, and is known for highly rated schools, a strong sports presence, diversity, and reliable transportation.

Along with having an active nightlife, this city also offers fine dining, affordable housing, and a variety of entertainment venues. If it's your first time visiting Worcester, stop by the Worcester Art Museum, Green Hill Park, EcoTarium, or the Wormtown brewery.

The weather in this city includes warm weathers and freezing winters. During summer, temperatures reach highs in the 80's and lows in the 50's. During winter, summer temperatures reach highs in the 40's and lows in the teens.

Sell my house fast in Worcester, Massachusetts

Population, job market and cost of living

The population in Worcester is 214,159 with a growth rate of 1.2%.

The job growth here has decreased by -8.43% over the last year and in ten years, is predicted to have increased by 37.48%. Some of the more substantial industries in this city include manufacturing, distribution, service, retail and trading services. The largest companies to work for are Saint-Gobain Ceramics & Plastics Inc, UMass Memorial Health, Rand-Whitney, The Hanover Insurance Group and Worcester Episcopal Housing Company Limited Partnership.

In regards to the cost of living, it's higher than the US average. This means Worcester is a more expensive place to live. With well-rated schools, a variety of recreation opportunities, and impressive job growth, Worcester will continue to attract those interested in living in a smaller city, with a lot to offer.

Worcester real estate market details

  • Webster Square
  • Grafton Hill
  • Millham
  • Glenbrook
  • Broadmeadow Brook

The average monthly rent in Worcester is $1,724 for an average apartment size of 797 sq. feet.

There has been a 5.4% decrease in median home value over the last year. As of 2023, the median home value is $370,666.

On average, homes in Worcester sell after 55 days on the market.

The best time to sell a home for the highest valued sale is during August. For the quickest sale, homeowners should sell in July.

The affordability index in Worcester is 105. This number indicates moderate affordability in this city.

The top ranked public schools are Worcester Technical High School, West Tatnuck, Flagg Street, Midland Street and Worcester Arts Magnet School. This information is based on data measuring academic performance and equity.

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