What’s the Cost of Buying a Home in Worcester?

With record-high housing prices in 2025 and mortgage rates well above pandemic-level lows, the cost of purchasing a home is putting purchasing a home out of reach for many would-be…

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With record-high housing prices in 2025 and mortgage rates well above pandemic-level lows, the cost of purchasing a home is putting purchasing a home out of reach for many would-be homebuyers.

In a recent real estate report, Redfin Real Estate researched home prices in Worcester across various price tiers compared to the national average. 

Here's a look at how expensive housing remains in Worcester based on the monthly average for January:

  • Bottom-tier median sale price: $181,819*
  • Starter-tier median sale price: $340,972
  • Mid-tier median sale price: $459,170
  • High-tier median sale price: $652,540
  • Luxury median sale price: $1,129,438
  • Median household income: $103,834

Compare these costs to home prices nationwide:

  • Bottom-tier median sale price: $125,384*
  • Starter-tier median sale price: $260,000
  • Mid-tier median sale price: $375,000
  • High-tier median sale price: $581,000
  • Luxury-tier median sale price: $1,341,493
  • Median household income: $87,934

Redfin establishes housing price tiers as follows: bottom (bottom 5%), starter (5%-35%), mid (35%-65%), high (65%-95%), and luxury (top 5%).