Worcester, NY—12197
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Worcester, NY
As of Oct '25, the median home price in Worcester, NY is $178,000, with a year-over-year change of -3.0%. This indicates that home prices in Worcester, NY are decreasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $178,000 | -3.0% |
| Single Family | $178,000 | -3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $160,000 | 0.6% |
3 Bed | $192,000 | -1.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Worcester, NY
Worcester, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Worcester, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Worcester, NY is 93. This is a increase of 59.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $199,000 | 81.0% |
Listing Count | 11 | -17.0% |
| Listings as % of Homes | 1.0% | -17.0% |
Days on Market | 93 | 59.0% |
Demographics — Worcester, NY
As of the latest ACS Survey released in 2023, Worcester, NY has a population of 2,280, which has increased by 12.5% over the past 5 years. Worcester, NY is a moderately popular place for families, as children make up 19.5% of the population. The area has a moderately educated workforce, with 27.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,280 | 12.5% |
% Under 18 | 19.5% | -8.5% |
% Seniors | 19.4% | -18.8% |
% WFH | 8.6% | 95.5% |
% w/ College Degree | 27.8% | 13.0% |
As of the latest ACS Survey released in 2023, Worcester, NY is a predominantly white area, with 83.2% of the population identifying as white. The white population has shrunk by 6.5% in the last 5 years. The second most common race or ethnicity in Worcester, NY is hispanic, making up 10.7% of the population. Foreign-born residents account for 5.8% of the population in Worcester, NY, and this percentage has increased by 163.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 83.2% | -6.5% |
% Black | 0.5% | -70.6% |
% Hispanic | 10.7% | 78.3% |
% Asian | 0.0% | N/A |
% Foreign Born | 5.8% | 163.6% |
Mortgage and Risk — Worcester, NY
According to HUD data as of 2023, there were 32 mortgage originations in Worcester, NY, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Worcester, NY. Investor activity is low, as 3.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 32 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 3.0% |
% Second Loans | 9.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Worcester, NY
Worcester, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,020 |
| 2 Bedroom | N/A | N/A | $1,260 |
| 3 Bedroom | N/A | N/A | $1,520 |
| 4 Bedroom | N/A | N/A | $1,670 |
Affordability — Worcester, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $178,000 |
| Median Household Income | $78,800 |