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Preforeclosure Homes in Worcester, MA 01607

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Worcester, MA Foreclosures

How much do homes sell for in Worcester, MA?
The average home price is currently $541,146.
In Worcester, MA, how many homes are available?
There are currently 6 active home listings available in Worcester.
What’s the average rental cost in Worcester, MA?
The average rental price in Worcester is $1,561.
What is the most expensive home in Worcester?
The most expensive home sold in Worcester had a price of $138,750,744.
What is currently the cheapest priced home in Worcester, MA?
The cheapest home for sale in Worcester is priced at $10,011.

Living in Worcester, MA

Worcester, MA is a vibrant city known for its cultural diversity and rich history. With several universities, parks, and a robust economy, it's ideal for families and young professionals. The city offers excellent dining, entertainment options, and convenient transportation links.

Current Market Conditions in Worcester, MA

Worcester's real estate market is currently experiencing a surge in interest, driven by its affordable housing options compared to nearby metropolitan areas. The demand for housing is strong due to the influx of new residents and students, leading to competitive bidding in some neighborhoods. A mixture of new developments and the revitalization of older properties is contributing to market growth, making it an exciting time for buyers.

The rental market is also robust, with a steady rise in rental prices as more people seek housing in the city. The trend of remote work has led many buyers to consider Worcester as a viable alternative to urban living in Boston.

Home Value Estimator For Worcester, MA

There are currently 42,627 real estate properties in Worcester, MA, with a median automated valuation model (AVM) price of $441,720.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Worcester, MA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Worcester, MA, is $541,146.00, with the most expensive house in Worcester, MA, topping out at $138,750,744.00 and the cheapest home in Worcester, MA, clocking in at $10,011.00. In other words, there’s something for every potential homebuyer or savvy investor in Worcester, MA!

Rent Prices In Worcester, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Worcester, MA, is on a rollercoaster ride. The average rent price in Worcester, MA, is $1,561.00. Indeed, when looking to rent in Worcester, MA, you can expect to pay as little as $810.00 or as much as $3,540.00, with the average rent median estimated to be $1,550.00. The good news is that finding an affordable and desirable property to rent in Worcester, MA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Worcester, MA 01607 Preforeclosure Homes


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