The story of this market
The typical home in ZIP 01863 sells for about $599,000, or $325 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 39 days to sell. HUD's fair market rent for a two-bedroom is $2,450 a month.
ZIP 01863 — Chelmsford
The 01863 housing market remains competitive with low inventory and steady price appreciation, driven by high demand for suburban family housing. While sales volume is constrained by limited supply, the market maintains a strong sale-to-list ratio. Buyers should expect a measured pace with limited price negotiation power.
This ZIP is well-suited for families and professionals seeking a suburban lifestyle with convenient access to major regional employment corridors.
Median prices moved up 4.2% year over year.
Homes spend a median of 39 days on market with 2.4 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 101.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 0.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 01863, Middlesex County MA
North Chelmsford generally experiences low crime rates consistent with suburban Middlesex County, with property crime being the primary concern.
The area is served by the Chelmsford Public Schools, which are generally well-regarded and maintain high performance ratings within the state.
The region faces moderate risks from winter storms and localized flooding near the Merrimack River, with standard insurance coverage typically sufficient.
Economic momentum is driven by proximity to the Route 3 technology corridor and major employers in Lowell and Burlington, with steady residential infill development.
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.
Residents primarily commute via Route 3 or I-495 toward employment hubs in Lowell, Burlington, and the Greater Boston area.
The area features access to the Bruce Freeman Rail Trail, local parks, and proximity to the Merrimack River for outdoor activities.
The rental market is tight with low vacancy rates, driven by demand from professionals working in the nearby tech and medical sectors.
The local economy is anchored by the technology, education, and healthcare sectors, benefiting from its location within the Greater Boston economic sphere.
The area relies heavily on private vehicle transit via Route 3 and I-495, with limited public transit options compared to the urban core.
Development is focused on small-scale residential infill and commercial revitalization along the main thoroughfares.
The Town of Chelmsford Assessor's office manages property valuations, conducting periodic revaluations to ensure market alignment.
Parcels are subject to standard municipal tax levies with no specialized utility or hospital districts reported.
Property insurance premiums are stable, reflecting the area's low-to-moderate risk profile for natural disasters.
Massachusetts continues to see net domestic out-migration, though suburban areas like Chelmsford maintain stable population levels.
Massachusetts is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a property disclosure statement regarding the condition of the home, though the state is generally caveat emptor.
Data retrieved from Census Reporter and ACS 2024 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Canobie Lake Park4.513.3 mi
- Kimball Farm Westford4.66.6 mi
- K1 Speed Boston-Wilmington4.213.7 mi
- Dave & Buster's Woburn4.115.5 mi
- Nova Trampoline Park4.39.1 mi
- Canobie Lake Park4.513.3 mi
- Tsongas Center4.54 mi
- K1 Speed Boston-Wilmington4.213.7 mi
- Gate City Casino4.38.8 mi
- Smolak Farms4.316.5 mi
- Discovery Museum4.712 mi
- Nashoba Valley Ski Area4.26.8 mi
- Cinemark Rockingham Park and XD4.712.6 mi
- Minute Man National Historical Park4.713 mi
- Showcase Cinema de Lux Lowell4.43.6 mi
- Discovery Museum4.712 mi
- deCordova Sculpture Park and Museum4.714.5 mi
- American Heritage Museum4.917 mi
- Louisa May Alcott's Orchard House4.712.2 mi
- North Bridge4.811.4 mi
- Minute Man National Historical Park4.713 mi
- The Butterfly Place4.62.7 mi
- Mine Falls Park4.710.4 mi
- Great Brook Farm State Park4.75.8 mi
- Benson Park4.89.6 mi
- Shady Point Beach & Campground4.416.2 mi
- Crescent Yacht Club4.418.8 mi
- Pheasant Lane Mall4.35.4 mi
- The Mall at Rockingham Park4.412.3 mi
- Tuscan Village4.412.8 mi
- O'Neil Cinemas4.76.9 mi
- Burlington4.29.7 mi
- Boston Logan International Airport4.126.6 mi
- Manchester-Boston Regional Airport4.620.8 mi
- Park Shuttle & Fly4.525.3 mi
- The Lounge3.426.3 mi
- DaCoopas Pizza4.125.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional multi-use path providing recreation and transit connectivity.
Local community park serving the North Chelmsford area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.