Compare: Chelsea vs Cambridge
Home Values in Chelsea and Cambridge
|Zillow Home Value IndexWhat's this?||$229,000||vs||$522,400|
|Median List Price||$239,000||vs||$624,900|
|Median Sale Price||$203,000||vs||$509,500|
|Total Homes Sold in Oct||41 homes||vs||149 homes|
Chelsea, MA tends to be less expensive for home buyers than Cambridge, MA. During the last year, Chelsea home values have risen by 12.1%, while Cambridge home values have risen by 17.1%. The median sale price in Chelsea is $203,000, but the median listing price was $239,000, a 15.1% discount. Meanwhile in Cambridge, the median selling price is $509,500, and the starting price had a median of $624,900, a 18.5% discount. In October, Chelsea home sellers managed to move 41 houses, while Cambridge saw 149 transactions.
Demographics in Chelsea and Cambridge
|Median Household Income||$30,161||vs||$47,979|
|Homes with Kids||31.3%||vs||17.5%|
|Average Household Size||2.9||vs||2.0|
|Average Commute Time (Minutes)||32||vs||26|
At $47,979, the median income in Cambridge is $17,818 more than in Chelsea, and $3,467 higher than the national average. Chelsea has a younger median age, at 33, compared to 34 in Cambridge, and a longer average commute. The average commute in Cambridge is 26 minutes and the average commute in Chelsea is 32 minutes.
Homes for Sale in Chelsea and Cambridge
Chelsea vs Cambridge