Zip 01605 (Worcester, MA) Housing

The housing market in 01605 Worcester, MA is doing well. The median value of a house in this area is $352,800, which is significantly higher than the US median value of $338,100. In the last year, US house appreciation was 8.27%, while houses in 01605 Worcester, MA appreciated at an even faster rate of 11.83%. This reflects a strong and growing housing market in this part of Massachusetts.

The median home cost in Worcester (zip 01605) is $352,800. Home appreciation the last 10 years has been 101.4%. Home Appreciation in Worcester (zip 01605) is up 11.3%.

Average Age of Homes

- The median age of Worcester (zip 01605) real estate is 65 years old

The Rental Market in Worcester (zip 01605)

- Renters make up 61.7% of the Worcester (zip 01605) population
- 0.8% of houses and apartments in Worcester (zip 01605), 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
	12,552.0	139,647,020.0
	66	42
	$352,800	$338,100
	11.3%	16.6%
	63.3%	57.0%
	101.4%	101.1%
	$15.90	$10.98
	$4,103	$2,690
	26.6%	57.4%
	7.4%	11.2%
	66.1%	31.4%
Vacant Housing
	0.8%	1.9%
	0.8%	0.4%
	1.1%	0.7%
	0.3%	0.4%
	0.0%	3.6%
	4.4%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	1.9%	2.4%
	0.4%	2.8%
	0.6%	3.9%
	0.8%	4.5%
	5.7%	11.3%
	13.9%	13.0%
	42.6%	20.1%
	17.7%	13.6%
	8.9%	8.3%
	3.0%	9.7%
	1.0%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.0%	13.6%
	6.0%	13.6%
	5.8%	13.6%
	8.4%	13.2%
	8.3%	14.8%
	5.8%	13.6%
	17.0%	10.0%
	8.1%	4.7%
	33.6%	12.2%

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