Foreclosure Homes in Chelsea, MA 02150

Current Market Conditions in Chelsea, MA

The real estate market in Chelsea has been on an upward trend, driven by increasing demand from buyers seeking affordable housing options close to Boston. Prices have steadily risen in recent months, and the market remains competitive, with homes often selling quickly.

Rental demand has also increased, particularly among young professionals and families looking for a vibrant community. This has led to a limited inventory, resulting in rising rental prices.

Rent Prices In Chelsea, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chelsea, MA, is on a rollercoaster ride. The average rent price in Chelsea, MA, is $1,960.00. Indeed, when looking to rent in Chelsea, MA, you can expect to pay as little as $1,270.00 or as much as $3,920.00, with the average rent median estimated to be $1,980.00. The good news is that finding an affordable and desirable property to rent in Chelsea, MA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.