Chelsea, MI Real Estate & Property Data

Chelsea Real Estate Market Trends
Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Chelsea, MI. ATTOM’s Chelsea real estate data is updated daily, and current market trends show that in Chelsea, MI a total of 224 residential properties have sold over the past year. With a median home price of $465,500 in Chelsea and a total of 2 foreclosures. Get detailed property data for Chelsea, MI instantly. ATTOM is your one-stop-shop for the Chelsea property reports and real estate data you need in Chelsea, MI.

Chelsea Real Estate Market Trends
Total Residential Properties 5,350
Total Commercial Properties 313
Avg. Home Age (Single Family Home) 45 Years
Avg. Square Feet (Single Family Home) 1,868
Total 2024 Residential Sales (year-to-date) 29
% of Homes Seriously Underwater (Q2 2024) 0.8%
Total 2023 Residential Sales 206
% of Equity Rich Homes (Q2 2024) 44.4%
Effective 2023 Property Tax 0.88%
Total Foreclosure Filings (year-to-date) 2
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Chelsea, MI Real Estate Overview

There were 224 residential properties sold in the past year in Chelsea, MI. The median home value in Chelsea, MI is $373,585. There are a total of 5,350 residential properties in the Chelsea.

Median Sales Price i
$465,500
(Feb 2024)
+7%
year-over-year
y-o-y
  • February '24 Feb '24 $465,500
  • January '24 Jan '24 $328,500
  • December '23 Dec '23 $430,000
  • November '23 Nov '23 $446,000
  • October '23 Oct '23 $330,000
  • September '23 Sep '23 $277,500
  • August '23 Aug '23 $415,000
  • July '23 Jul '23 $360,000
  • June '23 Jun '23 $440,750
  • May '23 May '23 $342,900
  • April '23 Apr '23 $392,000
  • March '23 Mar '23 $422,450
Median Down Payment i
$70,600
(Feb 2024)
+266.8%
year-over-year
y-o-y
  • February '24 Feb '24 $70,600
  • January '24 Jan '24 $65,000
  • December '23 Dec '23 $90,000
  • November '23 Nov '23 $111,000
  • October '23 Oct '23 $56,937
  • September '23 Sep '23 $17,865
  • August '23 Aug '23 $94,000
  • July '23 Jul '23 $72,875
  • June '23 Jun '23 $83,400
  • May '23 May '23 $86,000
  • April '23 Apr '23 $52,000
  • March '23 Mar '23 $80,652
Number of Homes Sold i
14
(Feb 2024)
+55.6%
year-over-year
y-o-y
  • February '24 Feb '24 14
  • January '24 Jan '24 15
  • December '23 Dec '23 30
  • November '23 Nov '23 20
  • October '23 Oct '23 19
  • September '23 Sep '23 10
  • August '23 Aug '23 19
  • July '23 Jul '23 20
  • June '23 Jun '23 21
  • May '23 May '23 21
  • April '23 Apr '23 12
  • March '23 Mar '23 14
Number of Purchase Loans i
12
(Feb 2024)
+71.4%
year-over-year
y-o-y
  • February '24 Feb '24 12
  • January '24 Jan '24 12
  • December '23 Dec '23 13
  • November '23 Nov '23 18
  • October '23 Oct '23 9
  • September '23 Sep '23 9
  • August '23 Aug '23 18
  • July '23 Jul '23 15
  • June '23 Jun '23 17
  • May '23 May '23 7
  • April '23 Apr '23 6
  • March '23 Mar '23 10
Number of REFI Loans i
4
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 2
  • December '23 Dec '23 4
  • November '23 Nov '23 4
  • October '23 Oct '23 5
  • September '23 Sep '23 5
  • August '23 Aug '23 8
  • July '23 Jul '23 6
  • June '23 Jun '23 9
  • May '23 May '23 10
  • April '23 Apr '23 6
  • March '23 Mar '23 6
Number of HELOC Loans i
3
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 6
  • December '23 Dec '23 5
  • November '23 Nov '23 7
  • October '23 Oct '23 8
  • September '23 Sep '23 5
  • August '23 Aug '23 4
  • July '23 Jul '23 5
  • June '23 Jun '23 3
  • May '23 May '23 15
  • April '23 Apr '23 3
  • March '23 Mar '23 12

Chelsea, MI Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

Chelsea, MI Foreclosure Activity

There were a total of 2 Chelsea, MI properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
2
(Feb 2024)
  • February '24 Feb '24 2
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 2
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
Foreclosure Starts i
2
(Feb 2024)
  • February '24 Feb '24 2
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 2
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
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