Market Intelligence · MA / Worcester

Worcester, MA 01602 Housing Market

The typical home value in Worcester 01602 is $450,661, up 1.8% over the past year. The median list price stands at $492,000, with homes taking a median of 38 days to sell as of September 2026.

Updated September 2026Median value$451K

The median home value in Worcester, MA 01602 is $451K as of September 2026, up 1.8% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 01602 range

$415K to $487K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.8% over 12 months

Sep 2025$443K

Low $443KHigh $451K

Sep 2026$451K

The numbers

What is the 01602 housing market like?

As of September 2026

Typical home value

$451K

1.8%YoY

Median list price

$492K

1.6%MoM

Days on market

2.6%MoM

Homes for sale

6.2%MoM

Price cuts

17.5%

22.4%MoM

New listings

8.3%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

01602 housing market forecast 2027

+1.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 01602 to rise 1.1% by September 2027.

Over the 12 months through September 2026, typical home values in 01602 rose 1.8%, per the Zillow Home Value Index.

Will home prices drop in 01602?

Zillow's forecast does not call for a drop: it expects typical home values in 01602 to rise 1.1% by September 2027, after a 1.8% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 01602 home prices compare?

01602$450,661
Worcester$421,555
Massachusetts$609,700
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Worcester: 9 ZIPs; Massachusetts: 484 ZIPs; United States: 26,262 ZIPs).

Context

There are 30 homes for sale in 01602, with 22 new listings entering the market as of September 2026. The median time on market of 38 days suggests steady buyer interest, though 17.5% of listings have seen price cuts. The gap between median list price and typical home value points to some pricing adjustment in the current environment. For sellers, this means a market where condition and pricing strategy matter significantly.

Monthly payment

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Home price

Down payment20% · $90,132

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Common questions

What people ask us.

What is a typical home value in Worcester 01602?

The typical home value is $450,661 as of September 2026, representing a 1.8% increase over the past year.

How long do homes typically stay on the market in 01602?

The median days on market is 38 as of September 2026.

How many homes are currently for sale in 01602?

There are 30 homes for sale as of September 2026, with 22 new listings recently added to the market.

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Nearby ZIP markets.

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