Zip 01604 (Worcester, MA) Housing

The housing market in 01604 Worcester, MA is significantly above the national average. With a median housing value of $357,000, it is 6.11% higher than the US median housing value of $338,100. Additionally, house appreciation over the past year in 01604 has been 11.83%, much higher than the US 1 year house appreciation rate of 8.27%. These figures suggest that Worcester, MA is a strong real estate market for those looking to purchase or invest in property.

The median home cost in Worcester (zip 01604) is $357,000. Home appreciation the last 10 years has been 101.4%. Home Appreciation in Worcester (zip 01604) is up 11.3%.

Average Age of Homes

- The median age of Worcester (zip 01604) real estate is 67 years old

The Rental Market in Worcester (zip 01604)

- Renters make up 48.5% of the Worcester (zip 01604) population
- 0.8% of houses and apartments in Worcester (zip 01604), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Worcester, Massachusetts	United States
	18,302.0	139,647,020.0
	66	42
	$357,000	$338,100
	11.3%	16.6%
	63.3%	57.0%
	101.4%	101.1%
	$16.93	$10.98
	$4,176	$2,690
	40.4%	57.4%
	7.8%	11.2%
	51.7%	31.4%
Vacant Housing
	0.8%	1.9%
	1.8%	0.4%
	0.1%	0.7%
	0.2%	0.4%
	0.3%	3.6%
	4.6%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	0.9%	2.4%
	0.2%	2.8%
	0.1%	3.9%
	1.1%	4.5%
	6.6%	11.3%
	16.8%	13.0%
	43.5%	20.1%
	22.5%	13.6%
	4.0%	8.3%
	2.3%	9.7%
	0.4%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.7%	13.6%
	5.7%	13.6%
	6.2%	13.6%
	14.5%	13.2%
	8.6%	14.8%
	6.2%	13.6%
	11.9%	10.0%
	7.1%	4.7%
	37.0%	12.2%

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