Chelsea, MI Foreclosures
How much do homes sell for in Chelsea, MI?
The average home price is currently $444,387.
In Chelsea, MI, how many homes are available?
There are currently 1 active home listings available in Chelsea.
What’s the average rental cost in Chelsea, MI?
The average rental price in Chelsea is $1,773.
What is the most expensive home in Chelsea?
The most expensive home sold in Chelsea had a price of $3,783,800.
What is currently the cheapest priced home in Chelsea, MI?
The cheapest home for sale in Chelsea is priced at $30,622.
Living in Chelsea, MI
Chelsea, MI is a quaint town that offers a rich sense of community alongside a variety of local shops, restaurants, and cultural events. With excellent schools and ample outdoor spaces, it’s a perfect blend of rural charm and modern convenience. Perfect for families and those seeking a quieter lifestyle.
Current Market Conditions in Chelsea, MI
The real estate market in Chelsea, MI, is currently strong, with demand for homes steadily increasing. The area has seen a rise in new construction as well as updated home renovations, which is appealing to buyers looking for modern amenities in a charming setting.
Homes in Chelsea tend to sell quickly, reflecting the area's growing popularity due to its community feel, proximity to larger cities, and highly regarded school district. Overall, the market is competitive but offers a diverse range of options for both buyers and sellers.
Home Value Estimator For Chelsea, MI
There are currently 4,959 real estate properties
in Chelsea, MI,
with a median automated valuation model (AVM) price
of $401,700.00. 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 $444,387.00, with the most expensive house
in Chelsea, MI, topping out
at $3,783,800.00 and the cheapest home
in Chelsea, MI,
clocking in at $30,622.00. 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 $1,773.00. 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.