What is the median home value in Chelsea, MI?

The median value of owner-occupied homes in Chelsea, MI is $312,700 (±$22,986), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Chelsea, the median home value went from $237,500 in 2015–2019 to $312,700 in 2020–2024 (+31.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$312,700 (±$22,986)
Owner-occupied homes
1,741 (±184)
Most common range
$300,000 to $499,999

Home values in Chelsea

Owner-occupied homes by value, 2020–2024
ValueChelseaWashtenaw CountyMichiganUnited States
Less than $50,0001.1% (±1.2 points)4.1%7.6%5.3%
$50,000 to $99,9991.0% (±1.0 points)2.6%9.2%6.1%
$100,000 to $149,9994.8% (±4.2 points)3.4%10.6%6.8%
$150,000 to $199,9997.6% (±5.8 points)6.6%14.1%9.0%
$200,000 to $299,99931.4% (±7.8 points)18.7%23.4%17.8%
$300,000 to $499,99949.1% (±8.3 points)36.9%24.1%26.9%
$500,000 to $999,9995.1% (±2.6 points)24.0%9.2%20.9%
$1,000,000 or more0.0% (±1.7 points)3.8%1.6%7.1%

The most common range is $300,000 to $499,999, 49.1% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Chelsea against Washtenaw County, its state and the nation

Estimate (90% margin of error)
ChelseaWashtenaw CountyMichiganUnited States
Median home value$312,700 (±$22,986)$374,100 (±$4,164)$231,600 (±$642)$332,700
Owner-occupied homes1,741 (±184)92,768 (±1,301)2,984,190 (±12,886)84,210,142

In Chelsea, the median home value is lower than in Washtenaw County ($374,100).

It is also higher than in Michigan ($231,600).

It is not measurably different from the national figure ($332,700).

In Washtenaw County, Chelsea ranks 19 of 26 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 200 of 1,518.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Chelsea have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$237,500 (±$15,648)$312,700 (±$22,986)+31.7%No measurable change after inflation
Median owner cost with a mortgage$1,765 (±$77)$1,893 (±$194)+7.3%Down after inflation
Median real estate taxes$4,488 (±$276)$4,853 (±$492)+8.1%Down after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Chelsea

Nearest places with a published estimate, compared with Chelsea
PlaceDistanceMedian home valueCompared with this place
Chelsea—$312,700 (±$22,986)—
Sylvan Township (Washtenaw County)3.3 mi$396,200 (±$43,941)Higher
Lima Township4.0 mi$404,700 (±$40,012)Higher
Lyndon Township6.0 mi$350,200 (±$21,003)Higher
Dexter Township6.4 mi$466,300 (±$28,332)Higher
Dexter7.2 mi$421,000 (±$22,878)Higher
Freedom Township7.4 mi$400,600 (±$45,608)Higher
Sharon Township7.9 mi$371,300 (±$19,636)Higher
Scio Township9.0 mi$519,100 (±$43,492)Higher

Nearby places with a measurably higher figure: Sylvan Township (Washtenaw County), MI ($396,200), Lima Township, MI ($404,700), Lyndon Township, MI ($350,200).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Washtenaw County, place by place

RankPlaceMedian home value
13Sylvan Township (Washtenaw County)$396,200 (±$43,941)
14Sharon Township$371,300 (±$19,636)
15Lyndon Township$350,200 (±$21,003)
16Saline$341,300 (±$21,391)
17Bridgewater Township$331,300 (±$32,379)
18Northfield Township$315,400 (±$23,607)
19Chelsea$312,700 (±$22,986)
20Saline Township$310,400 (±$37,638)
21Superior Charter Township$305,800 (±$27,319)
22Augusta Charter Township$296,500 (±$24,610)
23Manchester Township$273,600 (±$16,686)
24Milan$247,100 (±$12,963)
25Ypsilanti Charter Township$233,900 (±$6,621)

Showing 13 of 26 places in Washtenaw County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Chelsea

What is the average home value in Chelsea, MI?

The Census Bureau publishes the median: $312,700 (±$22,986) for owner-occupied homes in Chelsea (2020–2024 American Community Survey).

Have home values in Chelsea gone up?

In Chelsea, the median home value went from $237,500 in 2015–2019 to $312,700 in 2020–2024 (+31.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Chelsea sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Chelsea city, Michigan (place:15020, in state:26).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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