Chelsea, OK 74016 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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

32.0% Shorter YoY

Home Price Forecast

3.0%

Median Rent

$1,500

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,500

N/A

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 Type	Median Home Value	YoY % Change
All Homes	$211,000	-0.9%
Single Family	$211,000	-0.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Chelsea, OK

Chelsea, OK lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$1,500	$1,500
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,500	$1,500
4 Bed Rent	N/A	N/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.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$240,000	27.0%
Listing Count	20	39.0%
Listings as % of Homes	0.4%	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.

Metric	Latest Census	YoY % Change
Population	5,790	1.6%
% 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

Metric	Latest Census	5-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

Metric	Zip 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 Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$810
2 Bedroom	N/A	N/A	$1,020
3 Bedroom	-$150	$1,500	$1,350
4 Bedroom	N/A	N/A	$1,560

Chelsea, OK—74016

Key Metrics at a Glance

Home Price Trends — Chelsea, OK

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Chelsea, OK

% of Rental Stock

Property Listings — Chelsea, OK

Demographics — Chelsea, OK

Race and Ethnicity

Mortgage and Risk — Chelsea, OK

Mortgages

Rentals and Section 8 — Chelsea, OK

Section 8 Market Size

Section 8 Opportunity

Affordability — Chelsea, OK

Home Price to Income Ratio

Chelsea, OK — ZIP Code Boundary Map

Nearby ZIP Codes

Claremore, OK

Big Cabin, OK

Talala, OK

Oologah, OK

Claremore, OK

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.2
Median Home Price	$211,000
Median Household Income	$59,700

Chelsea, OK—74016

Key Metrics at a Glance

Home Price Trends — Chelsea, OK

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Chelsea, OK

% of Rental Stock

Property Listings — Chelsea, OK

Demographics — Chelsea, OK

Race and Ethnicity

Mortgage and Risk — Chelsea, OK

Mortgages

Rentals and Section 8 — Chelsea, OK

Section 8 Market Size

Section 8 Opportunity

Affordability — Chelsea, OK

Home Price to Income Ratio

Chelsea, OK — ZIP Code Boundary Map

Nearby ZIP Codes

Claremore, OK

Big Cabin, OK

Talala, OK

Oologah, OK

Claremore, OK

Frequently Asked Questions

What is the average home price in Chelsea, OK 74016?

How have home prices in Chelsea, OK 74016 changed over the past year?

What is the home price projection for Chelsea, OK 74016?

What are the demographics of Chelsea, OK 74016?

How long does it take homes to sell in Chelsea, OK 74016?

What is the average rent price in Chelsea, OK 74016?