Central Mass. home prices in July rose 4% over the year
Photo | Courtesy of Realtor.com
Single-family home sales and volume were up in July.
The cost of buying a single-family home in Central Massachusetts in July was about 4% higher than July 2024, as 2025 continues to see more sales than last year in the region.
Worcester County saw a median sales price of $500,000 across 656 transactions in July, while Middlesex County saw a median price of $890,000 across 1,016 sales, according to data released Tuesday by The Warren Group, a Peabody-based real estate research firm.
Both figures represent a 4.1% increase from July 2024, when Worcester County saw a median price of $480,500 and Middlesex County had a median price of $855,000.
The consistent trend of rising prices and an increase in total sales seen in 2025 also played out at a statewide level in July, as the median home price rose 2.3% to $665,000 and the total number of sales increased 6.2% to 4,719.
Even with the increases compared to 2024, buyers are likely to find lower prices now that the peak homebuying month of June has passed, said Cassidy Norton, associate publisher and media relations director of The Warren Group.
“The median sale price for July increased over the year prior, but was down compared to June of this year, which is the typical annual pattern,” Norton said in a Tuesday press release accompanying the data. “Buyers who are looking now are likely to see lower prices and reductions from earlier in the year.”
The city of Worcester bucked both the county and statewide trends, seeing 91 sales compared to 104 in July 2024 and a median price of $430,000, 3.4% lower than July last year.
Fitchburg saw 28 sales, the same as last July. The median price was $434,950, a 6.7% increase.
Leominster saw 28 sales, two fewer than last July, as its median price fell 3.7% to $449,500.
In MetroWest, Framingham saw 35 sales compared to 47, with its median price increasing 5.9% to $700,000. Natick saw the opposite trend, seeing 30 sales compared to 25, as its median price fell 7.3%.
Through the first seven months of 2025, Massachusetts has seen a 3.6% increase in total sales, with a median price of $640,000, 3.4% higher than through the first seven months of 2024.
Eric Casey is the managing editor at Worcester Business Journal, who primarily covers the manufacturing and real estate industries.
WBJ Web Partners
Most Recent
Most Recent
0 Comments