Chelsea, Massachusetts Houses for Sale

Chelsea is located in the eastern part of the state of Massachusetts and a city in Suffolk County. It sits on Boston’s northeastern suburb, and lies along the estuary of the Mystic River that is then being joined by Charleston along a road bridge. The area was settled in 1624 and was named as Winnisimmet, it was then renamed to Chelsea in 1739 after the town in London. The city was devastated by two major fires that occurred in 1908 and 1973. With the economic recession in the 1980s, Celsea’s economy was severely affected and was then placed under a receivership in 1991 by the state legislature of Massachusetts. Chelsea’s population is composed of one-third of Hispnics and that a quarter of the residents in the city live below the poverty line. Services and other light manufacturing account for the majority of the employment. Chelsea is home to more than 39,270 people, making it the second-most densely populated in Massachusetts. Approximately 74% of them rent their houses. Chelsea’s median rent is $1,285, which is slightly higher than the national average of $949. Meanwhile, the median home value in this city is $308,300, which is significantly higher than the national average of $184,700. Most residents have a liberal outlook on life.

Chelsea, MA Prices for Houses for Sale

AVERAGE
489,826 +21%
MEDIAN
454,900 +8%

Relative Price (per sqft.)

PRICE

Listings of Chelsea Homes for Purchase

ACTIVE
40 -20%
NEW
32 -20%

Market Duration of Homes Sold

DAYS
25 -11%

Crime & Safety

Police Officers 107  
Police Civilians 8  
Total Arrests 326 (2020)
Total Incidents 1,724 (2020)
CrimeScore 32.70  
National Rank 3406th  
Statewide Rank 31st  

Local Statistics

Population 39,230 (-0.01%)
House Size (sqft.) 1,181 (18.64%)

Criminal Offenses

Arson 2
Assault Offenses 646
Burglary/Breaking & Entering 90
Counterfeiting/Forgery 18
Destruction/Damage/Vandalism of Property 348
Drug/Narcotic Offenses 22
Extortion/Blackmail 4
Fraud Offenses 122
Gambling Offenses 5
Homicide Offenses 2
Human Trafficking 1
Kidnapping/Abduction 4
Larceny/Theft Offenses 435
Motor Vehicle Theft 72
Pornography/Obscene Material 6
Robbery 42
Sex Offenses 30
Sex Offenses, Non-forcible 15
Stolen Property Offenses 24
Weapon Law Violations 29

Featured Chelsea Brokers