Chelmsford, MA


Highest Appreciating Chelmsford Neighborhoods Since 2000

Chelmsford, MA Real Estate Data

Chelmsford Housing Market Information

With a population of 35,149, 13,838 total housing units (homes and apartments), and a median house value of $402,298, real estate costs in Chelmsford are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Massachusetts communities.

Single-family detached homes are the single most common housing type in Chelmsford, accounting for 65.57% of the town's housing units. Other types of housing that are prevalent in Chelmsford include large apartment complexes or high rise apartments ( 19.15%), row houses and other attached homes ( 7.79%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.63%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Chelmsford. Owner-occupied housing accounts for 82.14% of Chelmsford's homes, and 58.44% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Chelmsford's housing was primarily built during this period, from the '40s through the '60s. A full 42.37% of the town's housing hails from this era. Other housing ages represented in Chelmsford include homes built between 1970-1999 ( 35.87%) and housing constructed before 1939 ( 14.10%). There's also some housing in Chelmsford built between 2000 and later ( 7.66%).

Chelmsford Home Appreciation Rates

Appreciation rates for homes in Chelmsford have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.87%, which ranks in the top 50% nationwide. This equates to an annual average Chelmsford house appreciation rate of 0.38%.

NeighborhoodScout's data show that during the latest twelve months, Chelmsford's appreciation rate, at 5.56%, has been at or slightly above the national average. In the latest quarter, Chelmsford's appreciation rate has been 1.57%, which annualizes to a rate of 6.42%.

Relative to Massachusetts, our data show that Chelmsford's latest annual appreciation rate is higher than 50% of the other cities and towns in Massachusetts.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Chelmsford differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Chelmsford - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Chelmsford real estate investment or home purchase decisions.

Average Home Values


Median Home Value:

Chelmsford, MA HOME PRICES

Value Range
> $1,191,000 0.2
$893,001 - $1,191,000 1.2
$595,001 - $893,000 9.5
$477,001 - $595,000 18.6
$358,001 - $477,000 34.7
$238,001 - $358,000 24.9
$119,001 - $238,000 7.3
$60,001 - $119,000 0.8
$0 - $60,000 2.8

Average for MA
Very High for Nation

Value Relative to Nation Value Relative to State
9.60356034432277 43.9102564102564

Number Of Homes And Apartments:

Rent & Ownership


Average Market Rent:
$1,575 / per month

Homeownership Rate

Owners 82.14
Renters 17.86
Vacant 3.18

Housing Market Details


Age of Homes

AGE OF Chelmsford HOMES
2000 or Newer 7.7
1970 - 1999 35.9
1940 - 1969 42.4
1939 or Older 14.1

Types of Homes

TYPE OF Chelmsford HOMES
Single-Family 65.6
Townhomes 7.8
Small Apt. Buildings 5.6
Apt. Complexes 19.2
Mobile Homes 1.9
Other 0.0

Home Size

SIZE OF Chelmsford HOMES
No Bedroom 2.52
1 Bedroom 8.33
2 Bedrooms 27.07
3 Bedrooms 35.28
4 Bedrooms 23.16
5 or more bedrooms 3.65

Chelmsford Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
49.02% 2.37% 5 6
* 10 is highest