Zip 01609 (Worcester, MA) Housing

Housing in the 01609 area of Worcester, MA is doing quite well. The median value of a house in this area is $440,300, significantly higher than the US median house value of $338,100. What's more impressive is that the one year appreciation rate for houses in this area is 11.83%, far exceeding the national average of 8.27%. This makes it an attractive and lucrative opportunity for anyone looking to buy or invest in a home.

The median home cost in Worcester (zip 01609) is $440,300. Home appreciation the last 10 years has been 101.4%. Home Appreciation in Worcester (zip 01609) is up 11.3%.

Average Age of Homes

- The median age of Worcester (zip 01609) real estate is 76 years old

The Rental Market in Worcester (zip 01609)

- Renters make up 52.0% of the Worcester (zip 01609) population
- 3.1% of houses and apartments in Worcester (zip 01609), 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
	9,194.0	139,647,020.0
	68	42
	$440,300	$338,100
	11.3%	16.6%
	63.3%	57.0%
	101.4%	101.1%
	$15.22	$10.98
	$4,947	$2,690
	38.6%	57.4%
	8.2%	11.2%
	53.2%	31.4%
Vacant Housing
	3.1%	1.9%
	0.8%	0.4%
	0.9%	0.7%
	0.0%	0.4%
	0.7%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	0.0%	2.4%
	1.0%	2.8%
	0.8%	3.9%
	0.0%	4.5%
	7.3%	11.3%
	8.9%	13.0%
	25.1%	20.1%
	26.5%	13.6%
	14.1%	8.3%
	11.1%	9.7%
	2.5%	3.9%
	2.2%	2.2%
	0.3%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.8%	13.6%
	4.8%	13.6%
	4.8%	13.6%
	10.0%	13.2%
	11.2%	14.8%
	4.8%	13.6%
	8.3%	10.0%
	7.0%	4.7%
	40.7%	12.2%

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