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 Units by Size|
|Five Bedrooms or more||5.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.96|
|Median year structure was built||1939|
|Median Value of occupied units||$149,200|
|Median Price asked for vacant units||$155,700|
Rented Homes, Apartments and Condos
|Average Household Size||2.84|
|Median year structure was built||1954|
|Median Monthly Rent asked for vacant units||$698|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||11.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.6%|