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Foreclosure Homes in Chelsea, MI

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Chelsea, MI Foreclosures

Current Market Conditions in in Chelsea, MI As of February 2026?
Over the past month, Chelsea's real estate market has seen a slight uptick in property values, with many homes selling above the asking price due to high demand. The current trend indicates a strong interest in family-sized homes, particularly those with outdoor space and proximity to schools and parks. Buyers are actively seeking properties that can accommodate remote work setups as well.
How much do homes sell for in Chelsea, MI?
The average home price is currently $458,892.
In Chelsea, MI, how many homes are available?
There are currently 16 active home listings available in Chelsea.
What’s the average rental cost in Chelsea, MI?
The average rental price in Chelsea is $1,772.
What is the most expensive home in Chelsea?
The most expensive home sold in Chelsea had a price of $8,323,623.
What is currently the cheapest priced home in Chelsea, MI?
The cheapest home for sale in Chelsea is priced at $24,148.

Living in Chelsea, MI

Chelsea, MI is a delightful small town with a rich cultural scene and a friendly community atmosphere. With its beautiful downtown, excellent schools, and access to outdoor recreation, it's an ideal place for families and individuals alike. The town's commitment to the arts and local businesses adds to its unique character.

Buyer vs Seller Market in Chelsea, MI

The real estate market in Chelsea is currently experiencing steady growth as more buyers are drawn to the area's community-focused lifestyle and natural beauty. With a variety of housing options from historic homes to new developments, the market offers something for everyone.

Demand for homes in Chelsea has increased, resulting in competitive bidding situations for desirable properties. This trend has led to a decrease in the average days on the market as buyers seek to secure homes quickly.

Home Value Estimator For Chelsea, MI

There are currently 5,698 real estate properties in Chelsea, MI, with a median automated valuation model (AVM) price of $406,359.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chelsea, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Chelsea, MI, is $458,892.00, with the most expensive house in Chelsea, MI, topping out at $8,323,623.00 and the cheapest home in Chelsea, MI, clocking in at $24,148.00. In other words, there’s something for every potential homebuyer or savvy investor in Chelsea, MI!

Rent Prices In Chelsea, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chelsea, MI, is on a rollercoaster ride. The average rent price in Chelsea, MI, is $1,772.00. Indeed, when looking to rent in Chelsea, MI, you can expect to pay as little as $850.00 or as much as $2,860.00, with the average rent median estimated to be $1,770.00. The good news is that finding an affordable and desirable property to rent in Chelsea, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Chelsea, MI Foreclosures


Market Trend for Chelsea, MI

Total Listings Available: 16

Market Values:

Home Prices from $24,148 to $8,323,623

Average Sales Price: $458,892

Rental Values:

Rental from $850 to $2,860

Average Rent Value: $1,772 / month

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