Median Price
$465,000
$426/sqft
Schools
2.4/10
Average
Appreciation
6.5/10
Growth Potential
Commute
35 min
to Boston
Live Market Snapshot
Loading…Recently Sold in Chelsea
View all 29 sales$0
Curated Median
29
Total Sales on Record
$0–0
Price Range
Well Over Median
4bd4ba2,354 sqft
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Well Over Median
4bd3ba4,120 sqft
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Well Over Median
3bd1ba1,258 sqft
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Well Over Median
4bd4ba2,354 sqft
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Well Over Median
4bd3ba4,120 sqft
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Well Over Median
3bd2ba2,460 sqft
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What Drives Prices in Chelsea
Full breakdownDecomposition of the $465,000 median price into its underlying components.
Land Value$142,883 (31%)
Structure & Quality$571,534 (123%)
School Premium-$257,190 (-55%)
Access & Commute Premium$59,440 (13%)
Prestige & Stability Premium-$51,667 (-11%)
520
School Value Score
1180
Overall Value Score
The Chelsea Vibe
Dense, diverse, gritty urban community with immigrant spirit and massive potential
Chelsea is raw, real, and affordable. It's 60% Hispanic, incredibly dense, and has the shortest commute to Boston. Schools struggle but the community is strong and waterfront development is coming.
Highlights
🚇 Silver Line brings you to downtown in 12 minutes
🌎 Most diverse city in Massachusetts (60% Hispanic)
💰 Most affordable option near Boston proper
🌊 Waterfront redevelopment transforming the city
Who It's For
✓ Great for
- •First-time buyers needing ultimate affordability
- •Investors betting on waterfront transformation
- •Those who value diversity and authentic communities
- •Commuters wanting quick Boston access
⚠ Consider elsewhere if
- •You need top schools immediately
- •You want suburban space and quiet
- •You're uncomfortable with urban density and grit
Demographics
Population39,045
Median Age35.4
Median Household Income$88,859
Work from Home8.1%
Professional Sector23.6%
Insider Tips
- 1.Chelsea Station area is improving rapidly
- 2.Amazing Latin American restaurants and markets
- 3.Mystic Mall redevelopment could be a game-changer