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Poll results

The price of housing has continued its rapid upward increase through the start of 2021, with the median price of a single-family home sold in Worcester County now $380,000 for the first four months of the year, up 11% from the first four months of 2021, according to The Warren Group. The main cause for the increase continues to be a limited supply of for-sale homes as demand keeps rising. As part of its effort to curb inflation nationwide, the Federal Reserve has increased interest rates, which have risen above 5% for the first time in more than a decade, potentially cooling demand for home buying.

How will the Worcester County single-family median home price of $380K change throughout 2022?
Increase more than 10% (15%, 23 VOTES)
Increase 5-10% (23%, 36 VOTES)
Increase 1-5% (23%, 36 VOTES)
Stay flat (16%, 25 VOTES)
Decrease 1-5% (12%, 18 VOTES)
Decrease 5-10% (7%, 11 VOTES)
Decrease more than 10% (4%, 6 VOTES)
Poll Description

The price of housing has continued its rapid upward increase through the start of 2021, with the median price of a single-family home sold in Worcester County now $380,000 for the first four months of the year, up 11% from the first four months of 2021, according to The Warren Group. The main cause for the increase continues to be a limited supply of for-sale homes as demand keeps rising. As part of its effort to curb inflation nationwide, the Federal Reserve has increased interest rates, which have risen above 5% for the first time in more than a decade, potentially cooling demand for home buying.

  • 155 Votes
  • 1 Comments
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1 Comments

  • May 23, 2022
    Rising interest rates are an equal concern to rising prices.