01588 — Worcester County, Massachusetts Market Snapshot
Housing market data for zip code 01588 in Worcester County, Massachusetts. Updated monthly with median prices, days on market, and more.
Market Sales Data
14 sales in 2026 (year to date)
Median Sale Price
$712,500
Days to Sell
19
Homes Sold
14
Inventory
9
Sale-to-List
99.2%
New Listings
21
Price/SqFt
$253
Pending Sales
17
Conforming Loan Available
The median home in 01588 at $712,500 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Market Insights
Market Temperature
Homes in 01588 are moving quickly at 19 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 01588 (99.2% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 01588 at $712,500 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Loan limits in 01588 are set at the county level.
2026 Loan Limits — Worcester County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $545,100 |
| 2 Units | $1,066,250 | $697,800 |
| 3 Units | $1,288,800 | $843,500 |
| 4 Units | $1,601,750 | $1,048,300 |
Affordability Snapshot — Zip 01588
To purchase the median home at $712,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,609.
Monthly Payment
$5,609
Income Required
$240,384
Principal & Interest
$4,390/mo
Down Payment (5%)
$35,625
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 01588.
Estimated Monthly Payment
$4,560
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 01588. Tell us what you're looking for.