The story of this market
The typical home in ZIP 02150 sells for about $489,755, or $423 per square foot.
Prices are down 2% from a year ago, which gives buyers more room to negotiate. Homes take about 26 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,956 a month.
ZIP 02150 — Chelsea
The 02150 housing market shows a median sale price of $489,755 with a year-over-year decline of 2.0%. Market activity is characterized by faster decision cycles for buyers, though vacancy pressure and tenant-protective regulations present challenges for investors.
This ZIP is suited for commuters and those seeking proximity to Boston, though investors should account for tenant-protective regulations and market friction.
Median prices moved down 2.0% year over year.
Homes spend a median of 26 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98.46% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.2% · poverty 20.7% — a mixed stability profile.
ZCTA 02150, Suffolk County MA
Chelsea features a mix of residential and industrial zones with ongoing urban development and proximity to Boston employment hubs.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
The area offers excellent transportation options including a train station on the Newburyport/Rockport Line and multiple bus routes for commuting to Boston.
The neighborhood features approximately 20 public green spaces, including the scenic Mary O'Malley Waterfront Park, and provides access to local dining and shopping.
The rental market faces vacancy pressure and concerns regarding tenant stability, with a median rent of $2,783 per month.
The local economy is supported by a mix of residential, commercial, and industrial sectors with strong transit links to the broader Boston metropolitan area.
The area is served by the MBTA Newburyport/Rockport Line and various bus routes, facilitating regional connectivity.
Data sourced from BestPlaces and Census estimates.
- Boston Tea Party Ships & Museum4.63.5 mi
- F1 Arcade Boston4.53.5 mi
- Museum of Illusions Boston4.53 mi
- Boda Borg Boston4.72.7 mi
- K1 Speed Boston-Wilmington4.212.4 mi
- Fenway Park4.85 mi
- TD Garden4.62.8 mi
- Thomas M. Menino Convention & Exhibition Center4.53.9 mi
- Topgolf Boston - Canton3.915.5 mi
- MGM Music Hall at Fenway4.44.9 mi
- Fenway Park4.85 mi
- Boston Common4.73.6 mi
- Museum of Fine Arts, Boston4.85.3 mi
- New England Aquarium4.43 mi
- Harvard Square4.64.8 mi
- Museum of Fine Arts, Boston4.85.3 mi
- Boston Public Library4.84.2 mi
- Isabella Stewart Gardner Museum4.75.5 mi
- Museum of Science4.73 mi
- Boston Tea Party Ships & Museum4.63.5 mi
- Boston Common4.73.6 mi
- Franklin Park Zoo4.47.2 mi
- Public Garden4.83.7 mi
- Charles River Esplanade4.83.9 mi
- Arnold Arboretum of Harvard University4.87.8 mi
- Community Boating, Inc.4.63.5 mi
- MIT Sailing Pavilion4.94 mi
- Atlantic Wharf4.63.4 mi
- Constitution Marina4.62.5 mi
- Charlestown Marina4.81.9 mi
- Granite Links Golf Club4.610.8 mi
- Robert T. Lynch Municipal Golf Course3.99 mi
- George Wright4.510.5 mi
- Newton Commonwealth Golf Course48.1 mi
- William J. Devine Golf Course at Franklin Park4.27.4 mi
- Encore Boston Harbor4.31.9 mi
- Burlington Mall4.410.9 mi
- Prudential Center Boston4.54.4 mi
- Quincy Market4.53 mi
- Faneuil Hall Marketplace4.53 mi
- Boston Logan International Airport4.12.6 mi
- Park Shuttle & Fly4.51.1 mi
- The Lounge3.42.4 mi
- DaCoopas Pizza4.11.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A scenic waterfront park offering outdoor recreation opportunities.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).