01602 Home Values & Market Trends

There are 9 homes currently listed for 01602. 01602 real estate market trends show that home prices range from $225,000 to $475,000, and the median sales price in the 01602 zip code is $392,646.45. The total number of properties sold within the past twelve months is 249. In 01602, 12 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.

01602 Real Estate Market Overview

CityMedian Est. Value
Worcester

$ 354,675

$ 258/sqft

Housing Market Summary for 01602

Apr 2023March 2024Change
Median Listing Price$369.9K$402.4K8.78%
Median Sold Price$363K$402.4K10.85%
Homes For Sale128-33.33%
Homes Sold118109-7.63%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 01602

The median list price of a home in Worcester, is $392,646.45. A total of 9 properties are for sale, and the percentage of properties for sale in the zip code is 9.00%. The total count of 01602 properties is 6,629.

Foreclosure
There is 1 cities within 01602; within this cities, the median estimated home value for homes in foreclosure ranges from $720,000 in worcester to the lowest value of $205,313 in worcester. Foreclosure homes account for 0.00% of properties in 01602 with worcester containing 95 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.15% of all residential properties in 01602 with worcester containing 66 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 01602; of that cities, the estimated home value for pre-foreclosure homes ranges from $619,461 in worcester to the lowest home value of $205,313 in worcester.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 01602 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 01602. There is 1 cities within 01602; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    worcester has 26 auction properties, the highest number of properties going to auction in a single city in the state of 01602. Auction homes and other auction properties account for 0.03% of all properties in 01602. There is 1 cities within 01602; of that cities, the median estimated home value for homes going to auction ranges from $720,000 in worcester to the lowest value of $239,900 in worcester.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.14% of residential properties in 01602 with worcester containing 76 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 01602; homes for sale in that cities, have a range of median values from $954,645 in worcester to the lowest value of $149,107 in worcester.
    Sold Homes
    The median value for recently sold homes ranges from $1,692,180 in worcester to the lowest price of $56,128 in worcester. There is 1 cities within 01602. worcester has 744 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.61% of properties in 01602.

      Compare Nearby Zip Codes

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      Guide for 01602

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      Market Reports|posted 14 March 2024

      This analysis highlights the significant growth in Boston’s real estate market with increasing property values, and the diversity of pricing in its neighborhoods. It presents a dynamic market catering to a wide range of buyers and investors, from high-end to more economic entry points.

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.

      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      Market Reports|posted 4 April 2024

      The Charleston real estate market has displayed notable fluctuations in property values, with trends for sales volume, square foot costs, and average sale price showing a general upward trajectory.

      Recently Listed Homes 01602

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