Compare Worcester, MA mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Worcester.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Worcester. Plus, shopping lenders is free and there is no obligation.
September 11, 2025
Below we provide helpful information on the real estate market, home prices and housing affordability in Worcester. Understand how much you need to earn to afford a home in Worcester, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Worcester fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Worcester is right for you.
The median home value for Worcester, MA is $405,927
Based on current mortgage rates and a 10% down payment, you need to make $84,683 per year to buy the median priced home in Worcester
With this income, you could qualify for a $365,334 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Worcester is $1,961
The median household income for Worcester, MA is $86,192
Based on this income, you can afford a home valued at approximately $413,162
The home price you can afford to buy based on household income in Worcester is 102% of the median home value which means housing prices are average. Worcester ranks 4 out of 14 counties in Massachusetts and 2,792 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Worcester, MA is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Worcester below.
Conforming loan limits for Worcester, MA
FHA loan limits for Worcester, MA