New - 2 days on Rocket
$7,481 Closing Credit¹
#73330806, Lindsey Emanuel, Listing Office: Lindsey Sarah Realty Group
01516 Housing Market Report January 2025•Worcester County, Massachusetts
Housing Prices in 01516, MA
How much do homes in 01516, MA cost?
Housing Market Conditions
Is 01516, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
01516 is a Seller's Market
Difference Since January 2024
Since last year, 01516 has remained a Seller's Market.
Insight
01516 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$525,000$286/SqFt
+$43,000
+8.9%
Based on all homes sold in the last 12 months
Insight
Homes in 01516 have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in 01516 was $525,000 in January 2025, up 8.9% from last year, and the median price per square foot was $286.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $475K | $290K | -38.9% |
| 22 Bedrooms | $383.5K | $449.9K | +17.3% |
| 33 Bedrooms | $480.2K | $495K | +3.1% |
| 44 Bedrooms | $639.9K | $675K | +5.5% |
| 55+ Bedrooms | $535K | $581K | +8.6% |
Summary: 01516 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -38.9%. The home price for 2 bedroom homes increased by +17.3%. The home price for 3 bedroom homes increased by +3.1%. The home price for 4 bedroom homes increased by +5.5%. The home price for 5 bedroom homes increased by +8.6%.
Housing supply in 01516, MA
How many homes are available in 01516, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 28Last MonthJan 2025 | ||
| 332 months agoDec 2024 | -15.2 % Change MoMDec – Jan |
Summary: The 01516 real estate market had 28 homes for sale in Jan 2025, a 15.2 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 7Last MonthJan 2025 | ||
| 162 months agoDec 2024 | -56.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 1 | +100.0% |
| 22 Bedrooms | 4 | 4 | 0.0% |
| 33 Bedrooms | 16 | 12 | -25.0% |
| 44 Bedrooms | 10 | 9 | -10.0% |
| 55+ Bedrooms | 3 | 2 | -33.3% |
Summary: 01516 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -25.0%. The inventory for 4 bedroom homes decreased by -10.0%. The inventory for 5 bedroom homes decreased by -33.3%.
Asking Price vs. Sold Price
How much do homes in 01516, MA cost?
Over Asking Price3 Homes
At Asking Price2 Homes
Under Asking Price2 Homes
Insight
If you're buying a home in 01516, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 01516 in January 2025, down by 56.3% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and and 43% were sold over asking.
Days on Market for 01516, MA
How long does it take to sell a home in 01516, MA?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days4 Homes
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in 01516 has remained consistent over time.
Summary: During January 2025, 7 homes were sold in 01516; 43% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 37 DaysThis YearJan 2025 | ||
| 46 Days1 year agoJan 2024 | -18.4 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 01516 had an average listing age of 37 days in Jan 2025, down by 18.4% compared to the previous year.
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Newest Listings in 01516, MA
What homes are available in 01516, MA?
New - 3 days on Rocket
$5,936 Closing Credit¹
#73330395, Ryan Connor, Listing Office: Keller Williams Pinnacle Central
New - 4 days on Rocket
$7,125 Closing Credit¹
#73329791, Team ROVI, Listing Office: Real Broker MA, LLC
Backup offers
$5,878 Closing Credit¹
#73328489, Colin Snee, Listing Office: Lamacchia Realty, Inc.
$10,000 Closing Credit¹
#73326063, Lisa Bombard, Listing Office: Byrnes Real Estate Group LLC
$10,000 Closing Credit¹
#73326054, Lisa Bombard, Listing Office: Byrnes Real Estate Group LLC
$10,000 Closing Credit¹
#73326045, Lisa Bombard, Listing Office: Byrnes Real Estate Group LLC
$10,000 Closing Credit¹
#73326043, Lisa Bombard, Listing Office: Byrnes Real Estate Group LLC
$10,000 Closing Credit¹
#73326038, Lisa Bombard, Listing Office: Byrnes Real Estate Group LLC
$10,000 Closing Credit¹
#73326042, Lisa Bombard, Listing Office: Byrnes Real Estate Group LLC
$10,000 Closing Credit¹
#73325767, Jessica Martin, Listing Office: Maverick Realty
#73325748, Cindy Donati, Listing Office: Century 21 Custom Home Realty
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 02/01/2023 - 02/01/2025
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.