The housing market in Worcester continues to see strong price appreciation, with values up 71.5% compared to last year. The median home price of $270,000 represents a substantial 71.5% increase from this time last year. At the current pace, all available homes in Worcester would sell out in just 1.7 months, indicating a continued supply shortage. Transaction volume is up 50% compared to what's typically expected this time of year. Approximately 33.3% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Worcester market with the affordability index at 1881.5. Based on current market indicators, home prices in Worcester are projected to decrease by approximately 21.0% over the next month.