Chelsea, AL

Balanced market-1.4% YoY

Housing market overview · Updated weekly

$364,900median sale price

Homes sold

31

Last 12 weeks

Days on market

91

Average pace

Active listings

108

3.5 months supply

Sale-to-list

99.6%

Below asking

The Chelsea housing market is currently classified as a balanced market with a median sale price of $364,900. Prices have fallen 1.4% compared to last year, with homes spending an average of 91 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Chelsea?

The median home sale price in Chelsea is $364,900, down 1.4% from last year.

How long do homes stay on market in Chelsea?

Homes typically spend 91 days on market before going under contract.

Is Chelsea a buyer's or seller's market?

With 3.5 months of supply, Chelsea is currently a balanced market.

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