Commercial Real Estate Market in North Chelmsford, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
61 active listings and 640 off-market properties in North Chelmsford, MA. Commercial property asks $326/SF to buy (based on 6 listings) and $19.00/SF/Yr to lease.
Market Trends
North Chelmsford, MA spans 4.5 square miles in Middlesex County, Massachusetts. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in North Chelmsford, MA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail vacancy in North Chelmsford, MA runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in North Chelmsford, MA runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Multifamily
Multifamily space in North Chelmsford, MA has a median asking sale price of $319/SF (based on 5 listings). Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Market overview
Demographics & Economy
North Chelmsford, MA has 9,536 residents in 3,677 households. Density runs 2,140 people per square mile. Median household income here is $136,284 and median gross rent $1,698 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Lowell | $243 | $15.00 |
| Chelmsford | $326 | $19.00 |
| Westford | $200 | $18.00 |
| Dracut | $243 | $14.00 |
Commercial property in North Chelmsford, MA asks $326/SF. The 4 bordering markets run from $200/SF in Westford to $326/SF in Chelmsford, and the city sits above their $243/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in North Chelmsford?
How much does it cost to lease commercial space in North Chelmsford?
How does North Chelmsford compare to nearby markets on price?
Where does Realmo's North Chelmsford market data come from?
Methodology & data sources
- Asking prices and medians
- There are 22 active for-sale and 39 active for-lease listings in North Chelmsford, MA. The medians are based on 6 of the for-sale and 10 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
