Market Report
Chelsea, MA Housing Market
The median sale price is $652,500. Homes are selling in a median of 40 days.
Prices & Activity
Median Sale Price
$653K
Days on Market
40
Months of Supply
1.0
Active Inventory
2
Sale-to-List
103.4%
Source: Redfin Data Center (through Jan 2026)
Median Sale Price — Chelsea, MA
Days on Market — Chelsea, MA
Growth & Supply
Population
785,121
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003) — Suffolk County
Median Household Income
$96K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013) — Suffolk County
Renter-Occupied Homes
63.5%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003) — Suffolk County
Migration — Suffolk County
Avg income of movers (latest year): in $94K · out $127K
IRS Statistics of Income, County-to-County Migration Data (through 2023)
Unemployment Rate — Suffolk County
Most recent month is preliminary and subject to revision
U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics (through Jun '26)
New Construction Permits — Suffolk County
2,527 housing units permitted in the last 12 months (+37% vs the prior 12 months) — 2,269 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)