The story of this market
The typical home in ZIP 01604 sells for about $405,000, or $294 per square foot.
Prices are up +8.2% from a year ago, so sellers still have some momentum. Homes take about 55 days to sell. HUD's fair market rent for a two-bedroom is $1,584 a month.
ZIP 01604 — Worcester
The 01604 housing market shows steady demand with a median price of $405,000, reflecting a 8.2% year-over-year increase. While inventory remains tight, the market is characterized by moderate days on market and competitive bidding for well-priced properties. Some specific figures like active inventory and price cut percentages are based on recent market activity reports.
This ZIP is well-suited for first-time homebuyers, renters, and investors seeking more affordable entry points compared to the broader Boston metro area, while offering proximity to local employment hubs.
Median prices moved up 8.2% year over year.
Homes spend a median of 55 days on market with 3.5 months of supply — a fast-moving market.
14% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 14.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 01604, Worcester County, MA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime trends in Worcester are generally consistent with other mid-sized New England industrial cities, with localized variations in safety across neighborhoods.
Public schools serving the area are part of the Worcester Public Schools district, which faces typical urban educational challenges and varying performance metrics across individual campuses.
The area is subject to standard New England climate risks, including winter storm impacts and potential localized flooding in low-lying areas near the Blackstone River corridor.
Economic momentum is driven by the city's ongoing revitalization efforts, including healthcare and biotechnology expansion, and proximity to major regional transit corridors.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
Residents benefit from proximity to I-290 and the Massachusetts Turnpike, providing access to the broader Worcester employment core and the Boston metro area.
The area features access to local parks, the Blackstone River Bikeway, and proximity to the shopping and dining districts of downtown Worcester.
The rental market is characterized by high demand and a significant renter-occupied share, with vacancy rates remaining tight due to the city's student and workforce population.
The local economy is anchored by healthcare, education, and biotechnology sectors, with major employers including UMass Memorial Health and various regional academic institutions.
The area is served by the Worcester Regional Transit Authority and provides access to MBTA Commuter Rail services connecting to Boston.
Development pipeline includes continued investment in urban infill and the adaptive reuse of former industrial properties.
The City of Worcester Assessor's Office manages property valuations, utilizing a mass appraisal system for annual tax assessments.
Parcels are subject to municipal taxes and may fall within specific utility or water/sewer district service areas.
Property insurance premiums are influenced by regional hazard profiles, including winter storm risks and urban fire safety standards.
Massachusetts continues to see moderate domestic migration shifts, with Worcester attracting residents seeking lower costs than the Greater Boston core.
Massachusetts is a judicial foreclosure state, requiring court oversight for the foreclosure process.
Sellers are required to provide a property disclosure statement regarding the condition of the home, though the state is generally 'caveat emptor'.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Apex Entertainment Marlborough4.411.3 mi
- Launch Entertainment Park Framingham4.515.2 mi
- Central Rock Gym - Worcester4.83.3 mi
- Launch Family Entertainment Park Westboro4.36.8 mi
- Hey Kiddo’s Playtime4.311 mi
- Wachusett Mountain Ski Area4.518.4 mi
- Apex Entertainment Marlborough4.411.3 mi
- DCU Center4.31.5 mi
- Blackstone Valley 14 Cinema de Lux4.43.7 mi
- AMC Framingham 164.219.9 mi
- New England Botanic Garden at Tower Hill4.77.8 mi
- Apex Entertainment Marlborough4.411.3 mi
- Blackstone Valley 14 Cinema de Lux4.43.7 mi
- Davis Farmland4.712.8 mi
- EcoTarium4.50.9 mi
- New England Botanic Garden at Tower Hill4.77.8 mi
- Old Sturbridge Village4.719.4 mi
- EcoTarium4.50.9 mi
- American Heritage Museum4.917 mi
- Worcester Art Museum4.72 mi
- New England Botanic Garden at Tower Hill4.77.8 mi
- Green Hill Park4.62.1 mi
- Purgatory Chasm State Reservation4.89.1 mi
- Lake Williams Boardwalk4.612.3 mi
- Elm Park4.62.4 mi
- Point Breeze4.215.5 mi
- Fore Kicks II Indoor & Outdoor Sports Complex4.611.4 mi
- Shining Rock Golf Club4.29.6 mi
- Cyprian Keyes Golf Club4.36.2 mi
- Juniper Hill Golf Course3.98.4 mi
- Highfields Golf & Country Club4.36.3 mi
- Solomon Pond Mall4.310.9 mi
- Auburn Mall3.94.7 mi
- Burlington43 mi
- The Shops at Blackstone Valley4.43.7 mi
- Shaw's4.23 mi
- Worcester Regional Airport4.65.3 mi
- Boston Skydive Center527.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A regional trail system providing recreational access along the river corridor.
A central urban park hosting community events and seasonal activities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.