Chelsea, MA Real Estate

According to census data in the year 2000 there were 12,337 housing units in Chelsea. This represents a 6.6% growth from 11,574 in 1990.

Of those housing units, 12,337 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Chelsea is about 29%. Chelsea's vacancy rate, including seasonal lodging, is about 3.6%. Average household size is 2.87 people.

The majority of houses, apartments or condos in Chelsea were built after 1948.


Housing Size

Housing Units by Size
Studio Type3.40%
One Bedroom27%
Two Bedrooms34.60%
Three Bedrooms23.40%
Four Bedrooms6.30%
Five Bedrooms or more5.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.96
Median year structure was built1939
Median Value of occupied units$149,200
Median Price asked for vacant units$155,700

Rented Homes, Apartments and Condos

Average Household Size2.84
Median year structure was built1954
Median Monthly Rent asked for vacant units$698

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.90%
Home Equity Loan11.90%
Simple Mortgage42.60%
Debt Free39.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.6%