Is Chelsea, MA 02150 a buyer’s or seller’s market?

The Chelsea housing market right now

In the three months ending August 31, 2026, 25% of homes in Chelsea, MA 02150 sold above their list price, the typical home went under contract in 26 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 37 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (26% then), homes sold faster (41 days then) and the median sale price fell 2% to $528,271. Overall, Chelsea is more competitive than a year ago, so tougher for buyers.

Within Suffolk County, homes here sell faster than in 53% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Chelsea ranks #325 of 362 MA ZIP codes with enough sales (score 54 out of 100).

Nearby, buyers who want less competition could look at Boston 02111 (0% sold over asking) or Boston 02110 (2% sold over asking), while Roslindale 02131 (53% sold over asking) and Jamaica Plain 02130 (50% sold over asking) are even more competitive.