Housing in Chelsea, MA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$490,000

Median List Price

$475,000

Price Per Sq Ft

$410

Days on Market

49

Active Inventory

27

Months of Supply

3.0

Seller's market

Zillow Home Value

$515,744

ZHVI — January 2026

Zillow Rent Index

$2,482

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 27.4%List Price 11.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

11.1%

Off Market in 2 Weeks

35.7%

Sale-to-List Ratio

99.4%

Buyer's market

Sold Above Asking
11.1%
Under Contract in 2 Wks
35.7%
Listings with Price Drops
25.9%

Market Activity

Source: Redfin

Homes Sold

9

New Listings

12

Pending Sales

14

Homes Sold 43.8%New Listings 14.3%Pending 12.5%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$410

Median List $/SF

$531

Sale $/SF 6.5%List $/SF 36.9%Mar 24Jan 26

Chelsea vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Chelsea is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$476,500

Median Rent

$1,859

Total Housing Units

14,178

Vacancy Rate

4.5%

Owner Occupied

29.2%

Renter Occupied

70.8%

Median Property Tax

$2,974

per year

Monthly Cost (w/ Mortgage)

$2,183

Housing Types

Single Family
13.2%
Multi-Family
86.4%
Mobile Home
0.3%

The current median sale price in Chelsea, MA is $490,000 according to Redfin data. Homes spend a median of 49 days on the market. 11.1% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $410. Zillow's observed rent index is $2,482/month. About 29.2% of housing units are owner-occupied. The median year homes were built is 1938. There are 14,178 total housing units.