Is North Chelmsford, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, North Chelmsford has remained a Seller's Market.
Housing Prices in North Chelmsford, MA
How much do homes in North Chelmsford, MA cost?
Median Sold Price
$510,000
$330/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in North Chelmsford was $510,000 in May 2024, up 9% from last year, and the median price per square foot was $330.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $222.5K | $265K | +19.1% |
2 Bedrooms | $416.5K | $440K | +5.6% |
3 Bedrooms | $560K | $595K | +6.3% |
4 Bedrooms | $622.5K | $672.5K | +8.0% |
5+ Bedrooms | $775K | $740K | -4.5% |
Summary: North Chelmsford housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.1%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 8%, and 5+ bedroom homes decreased by 4.5%.
Median Sold Price Compared To Nearby Cities
Tyngsborough | $535K | $600K | +12.1% |
Tyngsboro | $535K | $600K | +12.1% |
Lowell | $430K | $469.9K | +9.3% |
North Chelmsford | $468K | $510K | +9.0% |
Chelmsford | $562.7K | $588K | +4.5% |
Housing Supply in North Chelmsford, MA
How many homes are available in North Chelmsford, MA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 27 | -3.6% |
Summary: The North Chelmsford real estate market had 27 homes for sale in May 2024, a 3.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 18 | 19 | +5.6% |
3 Bedrooms | 7 | 5 | -28.6% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The North Chelmsford housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 11 | +10.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in North Chelmsford in May 2024, up by 10.0% month-over-month. Of the 11 sold homes, 0% were sold under asking, 9% were sold at asking, and 91% were sold over asking.
Days on Market for North Chelmsford, MA
How long does it take to sell a home in North Chelmsford, MA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
19 Days | 16 Days | -14.2% |
Summary: Homes in North Chelmsford had an average of 16 days on market in May 2024, down by 14.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in North Chelmsford; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.