Market Overview
Home Prices in Chelmsford, MA
The median home value in Chelmsford, MA is $696,379 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.8% compared to a year ago and up 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Chelmsford are priced70% above average. Chelmsford is part of the Boston-Cambridge-Newton, MA-NH metro area.
Over the past five years, Chelmsford home values have risen by approximately28.5%, reflecting strong long-term appreciation in this market.
Price History
Chelmsford Home Price Trend
City Comparison
Chelmsford vs. National Median
At $696,379, homes in Chelmsford cost 70% above the national median of $410,000. Buyers in Chelmsford should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Chelmsford?
20% Down Payment
$139,276
on $696,379
Monthly P&I
$3,632/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,613/mo
incl. taxes & insurance
Income Needed
$184,520
gross annual (30% rule)
10% Down Option
$69,638
+ PMI applies
Loan Amount (20% dn)
$557,103
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Chelmsford, MA?
The median home value in Chelmsford is $696,379 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.8% year-over-year.
How much have home prices changed in Chelmsford?
Over the past year, home values in Chelmsford have increased by 0.8%. Over five years, prices have risen approximately 28.5%.
How much do I need to earn to buy a home in Chelmsford?
To comfortably afford the median home price of $696,379 with a 20% down payment ($139,276) at today's rates (6.8%), you'd need a gross annual income of approximately $184,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Chelmsford compare to the national average home price?
The national median home value is approximately $410,000. At $696,379, homes in Chelmsford are 70% above the national average.
What metro area is Chelmsford part of?
Chelmsford is part of the Boston-Cambridge-Newton, MA-NH metropolitan area. Home prices and market conditions can vary across the broader metro region.