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Chelsea, OK—74016

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$211,000
0.9% YoY Growth
Household Income
$59,700
18.6% YoY Growth
Days on Market
69
32.0% Shorter YoY
Home Price Forecast
3.0%
Median Rent
$1,500
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,500
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Chelsea, OK

As of Dec '25, the median home price in Chelsea, OK is $211,000, with a year-over-year change of -0.9%. This indicates that home prices in Chelsea, OK are flat. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$211,000-0.9%
Single Family $211,000-0.9%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$131,000-2.2%
    3 Bed
    		$244,0000.0%
    4 Bed
    		$299,0002.7%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.3%
    1 Bedroom
    8.1%
    2 Bedrooms
    25.7%
    3 Bedrooms
    50.9%
    4 Bedrooms
    14.7%
    5+ Bedrooms
    0.4%

    Rental Trends — Chelsea, OK

    Chelsea, OK lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$1,500$1,500
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent $1,500$1,500
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    16.7%
    2 Bedrooms
    24.0%
    3 Bedrooms
    42.0%
    4 Bedrooms
    17.3%

    Property Listings — Chelsea, OK

    As of Dec '25, Realtor.com reports that the median days on market for a home in Chelsea, OK is 59. This is a decrease of -39.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$240,00027.0%
    Listing Count
    		2039.0%
    Listings as % of Homes0.4%39.0%
    Days on Market
    		69-32.0%
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    Demographics — Chelsea, OK

    As of the latest ACS Survey released in 2023, Chelsea, OK has a population of 5,790, which has increased by 1.6% over the past 5 years. Chelsea, OK is a moderately popular place for families, as children make up 22.3% of the population. The area has a poorly educated workforce, with 13.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		5,7901.6%
    % Under 18
    		22.3%-2.2%
    % Seniors
    		17.8%-6.3%
    % WFH
    		9.2%39.4%
    % w/ College Degree
    		13.4%-13.5%
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    As of the latest ACS Survey released in 2023, Chelsea, OK is a predominantly white area, with 64.4% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Chelsea, OK is hispanic, making up 2.3% of the population. Foreign-born residents account for 1.0% of the population in Chelsea, OK, and this percentage has increased by 11.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		64.4%-1.7%
    % Black
    		0.1%0.0%
    % Hispanic
    		2.3%4.5%
    % Asian
    		0.8%14.3%
    % Foreign Born
    		1.0%11.1%
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    Mortgage and Risk — Chelsea, OK

    According to HUD data as of 2023, there were 81 mortgage originations in Chelsea, OK, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 52.0% above 90% LTV (very high). This implies large mortgage risk in Chelsea, OK. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		81
    % Conventional Loans
    		59.0%
    % Government Loans
    		41.0%
    % Investor Loans
    		5.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		12.0%
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    Rentals and Section 8 — Chelsea, OK

    Chelsea, OK lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		N/A
    Total Units Section 8
    		N/A
    % Rentals under Section 8
    		0.2%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$810
    2 BedroomN/AN/A$1,020
    3 Bedroom-$150$1,500$1,350
    4 BedroomN/AN/A$1,560

    Affordability — Chelsea, OK

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.2
    Median Home Price$211,000
    Median Household Income$59,700

    Chelsea, OK — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Claremore, OK

    74017

    Big Cabin, OK

    74332

    Talala, OK

    74080

    Oologah, OK

    74053

    Claremore, OK

    74019

    Frequently Asked Questions