Chelmsford, MA is a great place to live due to its moderately priced housing. The median value of housing in Chelmsford is $553,900, which is significantly higher than the US median of $338,100. Despite being more expensive than the national average, the 1 year appreciation rate of 8.08% is very close to the US appreciation rate of 8.27%, indicating that the value of homes in Chelmsford are increasing at a steady pace and will likely continue to do so for some time.
The median home cost in Chelmsford is $553,900. Home appreciation the last 10 years has been 90.5%. Home Appreciation in Chelmsford is up 12.9%.
Average Age of Homes
- The median age of Chelmsford real estate is 49 years old
The Rental Market in Chelmsford
- Renters make up 16.9% of the Chelmsford population
- 0.7% of houses and apartments in Chelmsford, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.