Institution Park

Multifamily homes in Institution Park house many students, including this fraternity.

A brick single-family home in Institution Park has a leaf-covered lawn and ample shade.

A grey clapboard home in Institution Park has an orange door and a wrought iron fence.

A craftsman home in Institution Park has a red door and a large tree in front.

Institution Park features a mix of single and multifamily homes.

Neighborhood in Worcester, Massachusetts

Worcester County 01609

$476,056 Average Value

$270 Average Price per Sq Ft

Agents Specializing in this Area

Kathy McSweeney

Responds Quickly

Lamacchia Realty, Inc.

(774) 341-5503

61 Total Sales

1 in Institution Park

$222,000 Price

Kathy McSweeney
Jennifer Juliano

Keller Williams Boston MetroWest

(508) 625-7884

142 Total Sales

1 in Institution Park

$230,000 Price

Jennifer Juliano
David Eldredge

Realty Solutions Inc.

(781) 614-7831

12 Total Sales

1 in Institution Park

$659,900 Price

David Eldredge
Robert Smith

PREMIER SOTHEBY'S INTL REALTY

(508) 625-7572

187 Total Sales

1 in Institution Park

$245,000 Price

Robert Smith
Luis Martins

RE/MAX Synergy

(781) 390-9384

387 Total Sales

1 in Institution Park

$425,000 Price

Luis Martins
ZhiChao Chen

Space Realty

(855) 528-1854

158 Total Sales

2 in Institution Park

$350K - $385K Price Range

ZhiChao Chen

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Schools

Source:

University Park Campus School

7th to 12th
Public

B+

Forest Grove Middle School

7th to 8th
Public

B-

Chandler Magnet

Pre-K to 6th
Public

C+

Explore All Schools

Interested in learning more about homes in this area? Reach out to Kathy McSweeney, an experienced agent in this neighborhood.

Elm Park

Transit

Airport

Worcester Regional

11 min drive

Bus

Highland St & Goulding St

Bus

Park Ave And Highland St

Bus

Lancaster St & Dix St

Bus

Highland St & Lancaster St

Bus

Elm And Russel St

Bus

Highland St & West St

Bus

Highland St & North Ashland St

Crime and Safety

1 - Low Crime, 10 - High Crime	Institution Park	US
Homicide	5	4
Sexual Assault	6	4
Assault with Weapon	5	4
Robbery	6	4
Burglary	6	4
Motor Vehicle Theft	4	4
Larceny	6	4
Crime Score	5	4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

On average, homes in Institution Park, Worcester sell after 14 days on the market compared to the national average of 47 days. The average sale price for homes in Institution Park, Worcester over the last 12 months is $395,323, up 17% from the average home sale price over the previous 12 months.

Home Trends

Median Price (12 Mo)

$259,900

Median Single Family Price

$655,000

Median 2 Bedroom Price

$259,900

Median 1 Bedroom Price

$209,500

Average Price Per Sq Ft

$270

Last 12 months Home Sales

Median List Price

$259,900

Median Discount From 1st List Price

Median Home Sale Price YoY Change

Home Facts

Number of Homes in Neighborhood

441

Median Year Built

1904

Avg. Single Family Home Size Sq Ft

2,768

Significantly above the national average

1,936

Average Townhouse Size Sq Ft

3,215

Average 2 Bedroom Size Sq Ft

926

Average 1 Bedroom Size Sq Ft

791

Median Lot Size Sq Ft

6,534

Source: Public Records

Homes for Sale

$639,000
- 6 Beds
- 4 Baths
- 2,663 Sq Ft
21 John St

New 9 days ago
Attention Investors and Owner Occupants! This 4 unit property is ready for your vision and profits. The two top units have been updated and have new bathrooms, floors and windows. The bottom units are rented to Worcester Housing long term tenants. There is a huge walk up attic space that can provide a lot of potential! Add the attic space to the rear unit and now you have a 3bedroom duplex!

Radhy Pena Pondside Realty
$6,700,000
- 38 Beds
- 29 Baths
- 25,000 Sq Ft
21 Fruit St

New 29 days ago
NONE

Robert Mailloux Four Seasons Real Estate
$750,000
- 8 Beds
- 4 Baths
- 3,798 Sq Ft
241 Pleasant St
Centrally located, oversized solid 4 family with 2 units 3 bedroom each and 2 units with 1 bedroom each. This home has many updates: 2021 Unit 3 - New floors, bath, kitchen. 2022 New Roof for the building, Unit 2 - new vinyl floor - Kitchen, bath, Unit 1R - unit turnover refresh - new appliances. 2023 Unit 3 - new stove, Unit 2 - new tub/shower, other cosmetic upgrades to welcome new tenants.

Talena Ngo Realty Trust Group, Inc.

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Homes for Rent

$1,150 per month
- 1 Bath
- 550 Sq Ft
24 William St

Unit 2C

Worcester, MA
Beautiful Victorian located in Worcester offers this studio apartment on the second floor. Heat, hot water and trash removal are included as well as coin op laundry in building on the first floor. Light and bright with lots of Victorian charm. First, last and security are required and tenant to apply online to verify credit, references, cori and income verification. Application fee is non

Tracy LaRosa

Daisy Hill Real Estate and Rentals

(508) 290-6785
$2,229 - $3,456 per month
- Voke Lofts
- 1-2 Beds
- 1-2 Baths
- 698+ Sq Ft
21 Salisbury St

Worcester, MA
Loft Living Redefined. Experience the charm that Voke Lofts has to offer. Worcester's Historic vocational school has been stylishly redesigned to offer one, two and three bedroom apartment homes, many with dens. The building which once served the community's youth, now offers spacious floor plans, modern finishes and amazing amenities. There's no better place in Worcester MA apartments than Voke
$1,500 per month
- 1 Bed
- 1 Bath
- 750 Sq Ft
50 Fruit St

Unit 3

Worcester, MA
1-or 2 bedroom with kitchenette and kitchen. Freshly painted and small but cute. Close to WPI Clark University, Elm Park and Highland Street. Includes heat and hot water. College student welcome.No washer and dryer in unit, laundry mat close by on Highland Street Open House Monday 4/29/25 5pm-515pm Group Showing!

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Interested in learning more about homes in this area? Reach out to Kathy McSweeney, an experienced agent in this neighborhood.

Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population

7,778

Median Age

Population under 18

19.8%

On par with the national average

23.8%

Population over 65

7.7%

Below the national average

19.1%

Finances

Median Household Income

$30,436

Significantly below the national average

$71,702

Average Household Income

$52,558

Education and Workforce

High School Graduates

86.2%

College Graduates

39.1%

On par with the national average

34.1%

Advanced Degrees

18.2%

% Population in Labor Force

51.6%

Below the national average

65.1%

Weather

Annual Precipitation

48''

Average Winter Low Temperature

17°F

Average Summer High Temperature

79°F

Annual Snowfall

45''

Area Factors

Bikeable

Bike Score^®

55 / 100

Very Walkable

Walk Score^®

89 / 100

Some Transit

Transit Score^®

41 / 100

Source: Walk Score

Nearby Neighborhoods

Downtown Worcester

Lively urban center with entertainment venues and community activities

Main Middle

Central neighborhood in the heart of the Commonwealth

Bell Hill

Historic neighborhood east of downtown Worcester

Brittan Square

Easy access to major highways and downtown Worcester

Columbus Park

Grassy residential part of Worcester adjacent to Clark University

Green Island

Also called the Canal District, it's the heartbeat of Worcester

Search Nearby Neighborhoods

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Massachusetts Worcester County Worcester

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Kathy McSweeney