Chelmsford, MA—01863
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Chelmsford, MA
Home Price Trends — Chelmsford, MA
As of Oct '25, the median home price in Chelmsford, MA is $545,000, with a year-over-year change of 1.1%. This indicates that home prices in Chelmsford, MA are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $545,000 | 1.1% |
| Single Family | $629,000 | 1.1% |
| Condos | $441,000 | 1.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $447,000 | 1.1% |
3 Bed | $634,000 | 1.1% |
4 Bed | $725,000 | 1.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Chelmsford, MA
As of July '25, Rentcast reports the average rent in Chelmsford, MA is $2,500, with a year-over-year rent change of -3.1%. Per bedroom, the median rent as of July '25 in Chelmsford, MA is studios: $2,440, 1-bedrooms: $2,290, 2-bedrooms: $2,570, 3-bedrooms: $2,980. The most common rental property sizes in Chelmsford, MA are 2-bedroom and 1-bedroom, accounting for 51.3% and 25.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,450 | $2,500 |
| Studio Rent | $2,440 | $2,440 |
| 1 Bed Rent | $2,340 | $2,290 |
| 2 Bed Rent | $2,650 | $2,570 |
| 3 Bed Rent | $2,950 | $2,980 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Chelmsford, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Chelmsford, MA is 29. This is a increase of 19.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 57.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $531,000 | -7.0% |
Listing Count | 14 | 9.0% |
| Listings as % of Homes | 0.2% | 9.0% |
Days on Market | 29 | 19.0% |
Demographics — Chelmsford, MA
As of the latest ACS Survey released in 2023, Chelmsford, MA has a population of 9,590, which has increased by 5.0% over the past 5 years. Chelmsford, MA is a moderately popular place for families, as children make up 21.5% of the population. The area has a highly educated workforce, with 48.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,590 | 5.0% |
% Under 18 | 21.5% | 7.0% |
% Seniors | 18.8% | -2.6% |
% WFH | 13.8% | 89.0% |
% w/ College Degree | 48.6% | 5.4% |
As of the latest ACS Survey released in 2023, Chelmsford, MA is a predominantly white area, with 82.5% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Chelmsford, MA is asian, making up 9.0% of the population. Foreign-born residents account for 12.2% of the population in Chelmsford, MA, and this percentage has decreased by 4.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 82.5% | -0.8% |
% Black | 2.8% | 115.4% |
% Hispanic | 4.0% | -13.0% |
% Asian | 9.0% | -1.1% |
% Foreign Born | 12.2% | -4.7% |
Mortgage and Risk — Chelmsford, MA
According to HUD data as of 2023, there were 175 mortgage originations in Chelmsford, MA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Chelmsford, MA. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 175 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Chelmsford, MA
Chelmsford, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 132 |
Total Units Section 8 | 132 |
% Rentals under Section 8 | 22.3% |
% Occupied Section 8 | 71.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$700 | $2,340 | $1,640 |
| 2 Bedroom | -$500 | $2,650 | $2,150 |
| 3 Bedroom | -$360 | $2,950 | $2,590 |
| 4 Bedroom | N/A | N/A | $2,850 |
Affordability — Chelmsford, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $545,000 |
| Median Household Income | $136,000 |