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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 March 2026?
Over the past month, Chelsea's real estate market has shown signs of slight fluctuations, with a minor decrease in active listings indicating a competitive landscape for potential buyers. Generally, the average home prices have remained stable, reflecting the overall trend of a robust market. Open houses have had increased foot traffic, suggesting higher buyer interest, particularly in family-friendly neighborhoods with good school access.
How much do homes sell for in Chelsea, MI?
The average home price is currently $453,293.
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 $8,240,254.
What is currently the cheapest priced home in Chelsea, MI?
The cheapest home for sale in Chelsea is priced at $24,247.

Living in Chelsea, MI

Chelsea, MI is a charming small town known for its vibrant arts scene, picturesque downtown, and strong community spirit. With great outdoor activities and numerous local events, it provides a perfect blend of suburban tranquility and urban accessibility. Suitable for families and individuals alike, Chelsea truly embodies a welcoming atmosphere.

Buyer vs Seller Market in Chelsea, MI

The real estate market in Chelsea, MI has been experiencing steady growth. Home prices are on the rise, driven by the area's desirability among families and young professionals. With an abundance of parks and recreational activities, coupled with an active community life, this town continues to attract homebuyers.

Current listings show a healthy inventory of homes, with a mix of historic properties and newer constructions appealing to diverse buyers. The demand for housing is high, indicating a favorable market for sellers while still providing buyers a variety of choices.

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 $402,319.00. 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 $453,293.00, with the most expensive house in Chelsea, MI, topping out at $8,240,254.00 and the cheapest home in Chelsea, MI, clocking in at $24,247.00. 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 $24,247 to $8,240,254

Average Sales Price: $453,293

Rental Values:

Rental from $850 to $2,860

Average Rent Value: $1,772 / month

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