Home prices
The median home in Worcester is valued at $227,100. In comparison to nearby areas it is approximately $94,260 (29%) lower.It is roughly $9,600 (4%) higher compared to the US as a whole, and it is about $305,600 (57%) lower compared to the city of Boston.
Rents
The median rent in Worcester is $1,095 per month. Compared to nearby areas it is about $19 (1%) higher.It is about $33 (3%) higher compared to the country as a whole, and it is about $525 (32%) lower compared to the city of Boston.
Nearby places
Northborough
Northborough is about 7 miles east of Worcester. The housing prices there are a lot more expensive. The median home in Northborough costs $414,100, which is $187,000 (45%) higher than Worcester. Its rents are a bit more expensive. The median rent in Northborough is $1,176 per month, which works out to $81 (6%) higher than Worcester.
Spencer
Spencer is roughly 8 miles west from Worcester. Its housing prices are fairly similar. The median home price in Spencer is $222,500, which is $4,600 (2%) lower than Worcester. The rent there is a little less expensive. Spencer's median monthly rent is $873, which is $222 (25%) lower than Worcester.
Westborough
Westborough is roughly 8 miles east from Worcester. The real estate prices there are a lot more expensive. Westborough's median home cost is $380,800, which works out to $153,700 (40%) higher than Worcester. Rents there are a bit more expensive. The median monthly rent in Westborough is $1,226, which is $131 (10%) higher than Worcester.
Rutland
Rutland is approximately 8 miles northwest from Worcester. Housing prices there are pretty similar. The median home cost in Rutland is $225,900, which is very similar to Worcester. Its rents are somewhat more expensive. In Rutland the median rent is $1,160 per month, which comes out to $65 (5%) higher than Worcester.
Upton
Upton is roughly 10 miles southeast from Worcester. Its housing prices are a lot more expensive. The median home in Upton is valued at $363,500, which is $136,400 (37%) higher than Worcester. Rents there are somewhat less expensive. In Upton the median rent is $944 a month, which comes out to $151 (15%) lower than Worcester.
