New - 1 day on Rocket
$5,699 Closing Credit¹
#73341747, Kimberly Walters Adegoke, Listing Office: Coldwell Banker Realty - Worcester
01602 Housing Market Report February 2025•Worcester County, Massachusetts
Housing Prices in 01602, MA
How much do homes in 01602, MA cost?
Housing Market Conditions
Is 01602, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
01602 is a Seller's Market
Difference Since February 2024
Since last year, 01602 has remained a Seller's Market.
Insight
01602 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$455,000$262/SqFt
+$35,000
+8.3%
Based on all homes sold in the last 12 months
Insight
Homes in 01602 have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in 01602 was $455,000 in February 2025, up 8.3% from last year, and the median price per square foot was $262.
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $327K | $352.5K | +7.8% |
| 33 Bedrooms | $412.5K | $450K | +9.1% |
| 44 Bedrooms | $447.5K | $490K | +9.5% |
| 55+ Bedrooms | $627.5K | $660K | +5.2% |
Summary: 01602 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +7.8%. The home price for 3 bedroom homes increased by +9.1%. The home price for 4 bedroom homes increased by +9.5%. The home price for 5 bedroom homes increased by +5.2%.
Housing supply in 01602, MA
How many homes are available in 01602, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 33Last MonthFeb 2025 | ||
| 352 months agoJan 2025 | -5.7 % Change MoMJan – Feb |
Summary: The 01602 real estate market had 33 homes for sale in Feb 2025, a 5.7 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 10Last MonthFeb 2025 | ||
| 142 months agoJan 2025 | -28.6 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 4 | 8 | +100.0% |
| 33 Bedrooms | 20 | 12 | -40.0% |
| 44 Bedrooms | 5 | 6 | +20.0% |
| 55+ Bedrooms | 6 | 7 | +16.7% |
Summary: 01602 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes decreased by -40.0%. The inventory for 4 bedroom homes increased by +20.0%. The inventory for 5 bedroom homes increased by +16.7%.
Asking Price vs. Sold Price
How much do homes in 01602, MA cost?
Over Asking Price7 Homes
At Asking Price0 Home
Under Asking Price3 Homes
Insight
If you're buying a home in 01602, you could pay more than the asking price. 70% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in 01602 in February 2025, down by 28.6% month-over-month. Of the 10 sold homes, 30% were sold under asking, 0% were sold at asking, and and 70% were sold over asking.
Days on Market for 01602, MA
How long does it take to sell a home in 01602, MA?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days4 Homes
Over 90 Days0 Home
Insight
Many homes in 01602 are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 10 homes were sold in 01602; 60% of homes were sold within 30 days, 40% 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 |
|---|---|---|
| 30 DaysThis YearFeb 2025 | ||
| 47 Days1 year agoFeb 2024 | -36.3 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in 01602 had an average listing age of 30 days in Feb 2025, down by 36.3% compared to the previous year.
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Newest Listings in 01602, MA
What homes are available in 01602, MA?
New - 1 day on Rocket
$5,819 Closing Credit¹
#73341371, Deanna Faucher, Listing Office: Lamacchia Realty, Inc.
New - 2 days on Rocket
$9,488 Closing Credit¹
#73340690, Anna Szeto, Listing Office: Anna Szeto
New - 3 days on Rocket
$9,203 Closing Credit¹
#73340275, Steven Celularo, Listing Office: A & E Realty Company, Inc.
New - 5 days on Rocket
$10,000 Closing Credit¹
#73339906, Colleen Griffin, Listing Office: RE/MAX Vision
Backup offers
$10,000 Closing Credit¹
#73337056, Joseph Abramoff, Listing Office: BA Property & Lifestyle Advisors
$10,000 Closing Credit¹
#73335431, Jason Saphire, Listing Office: www.HomeZu.com
$7,005 Closing Credit¹
#73334991, Lilian Regia Davis, Listing Office: Fazza Realty
$8,894 Closing Credit¹
#73332130, Jeff Burk, Listing Office: RE/MAX Vision
$8,608 Closing Credit¹
#73328686, Ray Lopolito, Listing Office: Starterline
Backup offers
$5,207 Closing Credit¹
#73319592, Leonidas Dosreis, Listing Office: Property Investors & Advisors, LLC
$5,225 Closing Credit¹
#73317076, Julius Williams, Listing Office: Coldwell Banker Realty - Western MA
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 03/01/2023 - 03/01/2025
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: 3/6/2025, 7:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.