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Featured local agent — Chelsea, AL
Sarah Mitchell
Compass Real Estate · Chelsea, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Chelsea, AL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$399,900median sale price
How is the Chelsea, AL housing market right now?
The median home sale price in Chelsea, AL is $399,900, up 6.6% year-over-year. Homes sell in an average of 57 days with 128 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Chelsea a buyer's or seller's market?
Chelsea, AL is currently a balanced market, based on 3.3 months of supply and homes selling in about 57 days. How we determine this →
Homes sold
39
Last 12 weeks
Days on market
57
Average pace
Active listings
128
3.3 months supply
Sale-to-list
99.6%
Below asking
What does the Chelsea housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $399,900 |
| Median list price | $399,000 |
| Year-over-year price change | +6.6% |
| Average days on market | 57 days |
| Active inventory | 128 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 99.6% |
| Median price per sq ft | $187/sq ft |
| Homes sold (latest month) | 39 |
| New listings (latest month) | 43 |
| Listings with a price cut | 27.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Chelsea by property type?
How the Chelsea, AL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $402,400 | $188/sq ft | 38 | 57 days |
| Townhouse | $299,900 | $137/sq ft | 1 | 75 days |
Source: Redfin · Updated monthly
The Chelsea housing market is currently classified as a balanced market with a median sale price of $399,900. Prices have risen 6.6% compared to last year, with homes spending an average of 57 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.5x provides context for how home values compare to local earning capacity.
Homes for sale in Chelsea
There are currently 128 homes listed for sale in Chelsea, Alabama. The median listing price is $399K.
Active listings
128
Homes on market
Median list price
$399K
Avg. days on market
57
Days until sale
New this week
43
Newly listed
Who lives in Chelsea?
Population
15,731
Median income
$110,056/yr
Median age
38.2 years
Owner-occupied
89.9%
College grads
44.9%
Avg commute
34 min
Source: U.S. Census Bureau ACS
What are homes worth in Chelsea?
Zillow home value
$386,638
Zillow rent index
$2,151/mo
Price-to-rent ratio
15.0x
Price-to-income
3.5x
Source: Zillow Research
What is it like to live in Chelsea?
Chelsea is a community of approximately 16K residents with a median age of 38.2 years.The median household income is $110,056, which reflects a relatively affluent area with strong earning potential. 44.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 89.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 34 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Chelsea offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Chelsea?
4 schools tracked · 3,681 students
The largest public schools serving Chelsea, AL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Chelsea High School
Grades 9-12 · 1,291 students
Chelsea Park Elementary School
Grades PK-5 · 890 students
Chelsea Middle School
Grades 6-8 · 857 students
Forest Oaks Elementary School
Grades K-5 · 643 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Chelsea, AL?
Want a head-to-head view? Compare Chelsea side-by-side with any other U.S. city using our market-comparison tool.
Is Chelsea a good real estate investment market?
For investors evaluating Chelsea, the price-to-rent ratio of 15.0x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 6.6% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Chelsea's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Chelsea's median home price.
Frequently asked questions
What is the average home price in Chelsea?
The median home sale price in Chelsea is $399,900, up 6.6% from last year.
How long do homes stay on market in Chelsea?
Homes typically spend 57 days on market before going under contract.
What is the median income in Chelsea?
The median household income is $110,056 per year.
Is Chelsea a buyer's or seller's market?
With 3.3 months of supply, Chelsea is currently a balanced market.
What is the Zillow home value estimate for Chelsea?
The Zillow Home Value Index (ZHVI) for Chelsea is $386,638, representing the typical home value in the area.
How much does a single-family home cost in Chelsea?
The median single-family home price in Chelsea, AL is $402,400 (about $188 per square foot).
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