$7,124 Closing Credit*
$599,900
1,678 SqFt
3 Beds
•1 Full Bath, 1 Partial
#73312197, Maureen Howe, Listing Office: ERA Key Realty Services
Is North Chelmsford, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, North Chelmsford has remained a Seller's Market.
Key Takeaway
North Chelmsford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Chelmsford, MA
How much do homes in North Chelmsford, MA cost?
Median Sold Price
$480,000
$327/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+2.1%)
Key Takeaway
Homes in North Chelmsford have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in North Chelmsford was $480,000 in October 2024, up 2.1% from last year, and the median price per square foot was $327.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | $630K | +200.0% |
| 2 Bedrooms | $435K | $440K | +1.1% |
| 3 Bedrooms | $555K | $586K | +5.6% |
| 4 Bedrooms | $687.5K | $635K | -7.6% |
| 5+ Bedrooms | $752.5K | $750K | -0.3% |
Summary: North Chelmsford housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes decreased by 0.3%.
Median Sold Price Compared To Nearby Cities
| Tyngsborough | $500K | $600K | +20.0% |
| Tyngsboro | $500K | $600K | +20.0% |
| Chelmsford | $565.8K | $620K | +9.6% |
| Lowell | $440K | $468.9K | +6.6% |
| North Chelmsford | $470K | $480K | +2.1% |
Housing Supply in North Chelmsford, MA
How many homes are available in North Chelmsford, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 25 | -26.5% |
Summary: The North Chelmsford real estate market had 25 homes for sale in October 2024, a 26.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 22 | 15 | -31.8% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The North Chelmsford housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 31.8%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 9 | -47.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Chelmsford, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in North Chelmsford in October 2024, down by 47.1% month-over-month. Of the 9 sold homes, 22% were sold under asking, 22% were sold at asking, and 56% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 40 Days | +166.7% |
Summary: Homes in North Chelmsford had an average of 40 days on market in Oct 2024, up by 166.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Chelmsford are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in North Chelmsford; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
