Is North Chelmsford, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$502,500
$328/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Chelmsford was $502,500 in April 2024, up 6.9% from last year, and the median price per square foot was $328.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235K | $237.5K | +1.1% |
2 Bedrooms | $415K | $440K | +6.0% |
3 Bedrooms | $555K | $595K | +7.2% |
4 Bedrooms | $620K | $672.5K | +8.5% |
5+ Bedrooms | $792.5K | $752.5K | -5.0% |
Summary: North Chelmsford housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes decreased by 5%.
Median Sold Price Compared To Nearby Cities
Tyngsborough | $537.5K | $582.5K | +8.4% |
Tyngsboro | $540K | $582.5K | +7.9% |
North Chelmsford | $470K | $502.5K | +6.9% |
Lowell | $434.9K | $460K | +5.8% |
Chelmsford | $575K | $575.2K | 0.0% |
Housing Supply in North Chelmsford, MA
How many homes are available in North Chelmsford, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 27 | +3.8% |
Summary: The North Chelmsford real estate market had 27 homes for sale in April 2024, a 3.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 16 | 16 | 0.0% |
3 Bedrooms | 8 | 7 | -12.5% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The North Chelmsford housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in North Chelmsford in April 2024, up by 25.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 23 Days | -21.7% |
Summary: Homes in North Chelmsford had an average of 23 days on market in Apr 2024, down by 21.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in North Chelmsford; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.