Real Estate Market Update for Chelmsford, MA
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was up 9% from one year earlier, and down 20% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 430-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 28%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 390-thousand dollars. The number of units sold increased 37% year-over-year, and decreased 37% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Chelmsford, MA

Area Information for Chelmsford, MA
  • Population: 35,390
  • Median Age: 45.8 yr
  • Median Commute Time: 27 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 1,582/sq mi
  • Population Change Since 2000: 4.73%
  • Closest Airport: Laurence G Hanscom Field
  • Closest College: University Of Massachuetts-lowell
  • Closest Jr. College: Middlesex Community College-lowell
  • Median Household Income: $103,226
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $391,500
  • Closest Major Sports Team: Lowell Spinners (a)
  • Change Avg. Household Income Since 2000: 50.4%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Chelmsford, MA
Median Age: 45.8 Married: 49% Number of Households: 13,917 Households with Children: 4,325
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Chelmsford, MA

      School Name Distance Type Grades School Rating Parent Rating
      Mccarthy Middle School 0.4 mi Public 5-8 4 0
      Col Moses Parker Middle School 1.0 mi Public 5-8 4 0
      Greater Visions Childrens Center 1.1 mi Private PRESCHOOL-PRESCHOOL 0 0
      Community Education Center 1.4 mi Public PRESCHOOL-PRESCHOOL 0 0
      The Learning Experience At Chelmsford 1.6 mi Private PRESCHOOL-K 0 0
      Center Elementary School 2.0 mi Public K-4 4 0
      Knowledge Beginnings 2.8 mi Private PRESCHOOL-K 0 0
      Klub Kid Too 3.2 mi Private PRESCHOOL-K 0 0
      South Row Elementary School 3.5 mi Public K-4 4 0
      Byam School 3.7 mi Public K-4 4 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Chelmsford, MA
        Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.