Market report, updated

Chelsea Home Values and Market Report

Search in the school district of Chelsea

Create your own market report
Khoury Real Estate LLC. logo
Report prepared by Rosietherealtormi.com Khoury Real Estate LLC.

Market at a glance

Over the last 12 months, homes sold for 99.0% of list price in 39 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $510K Sold · $507K
$580K$500K$420K$340K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 26 sales in May. Last month: 22.

Where the market stands

All homes in this report, by status.

314homes
Active56 · 18%
Under contract30 · 10%
Sold (12 mo)228 · 73%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$562K
Under contract$423K
Sold$442K

Average days on market

Active75 days
Under contract65 days
Sold39 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 56
Average list price $562,358
Avg. days on market 75 days
Avg. price per ft² $256 Based on 45 of 56 homes
Avg. living area 2,411 ft² Based on 45 of 56 homes
Avg. beds / baths 3.5 / 2.7

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

11 homes didn’t report living area and aren’t shown.

$6M$4M$2M$0

Price vs. living area: 45 homes plotted, up to $6M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

11 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

14091 Scio Church Road$1,069
14344 Edgewater Drive$628
821 Hidden Creek Court$443
7355 Webbs Shore Drive$424
238 Harrison Street$378
10725 Jerusalem Road$360
2770 Cozy Cove$347

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
14091 Scio Church RoadChelsea, MI 48118 353,624$3,875,000$1,069466 days
10725 Jerusalem RoadChelsea, MI 48118 544,420$1,595,000$36034 days
821 Hidden Creek CourtDexter, MI 48130 443,495$1,550,000$44349 days
2770 Cozy CoveGrass Lake, MI 49240 332,590$899,000$34793 days
238 Harrison StreetChelsea, MI 48118 422,349$890,000$378111 days
888 Ridge RoadChelsea, MI 48118 544,428$835,000$188126 days
10645 Mark DriveDexter, MI 48130 332,900$825,000$28478 days
210 Spring Lake DriveChelsea, MI 48118 232,794$775,000$277139 days
Fahrner RoadChelsea, MI 48118 ———$725,000—98 days
6567 Softshell DriveGrass Lake, MI 49240 332,784$719,900$25856 days
Khoury Real Estate LLC. logo

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Rosietherealtormi.com Khoury Real Estate LLC.

Next steps

Free and instant. We can follow up with a detailed valuation.