Chelsea, MI—48118
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$422,000
1.9% YoY Growth
Household Income
$87,900
2.6% YoY Growth
Days on Market
38
9.0% Longer YoY
Home Price Forecast
-0.7%
Median Rent
$2,500
10.8% YoY Growth
1-Bed Rent
$2,100
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$2,500
55.1% YoY Growth
Home Price Trends — Chelsea, MI
As of May '26, the median home price in Chelsea, MI is $422,000, with a year-over-year change of 1.9%. This indicates that home prices in Chelsea, MI are increasing. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $422,000 | 1.9% |
| Single Family | $436,000 | 2.6% |
| Condos | $329,000 | 1.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |