Home prices
Chelsea's median home value is $237,500. In comparison to its surrounding areas it is roughly $51,620 (27%) higher.It is approximately $20,000 (9%) higher in comparison to the entire nation, and it is roughly $188,300 (382%) higher in comparison to the city of Detroit.
Rents
In Chelsea the median monthly rent is $1,084. Compared to the surrounding areas this is roughly $273 (33%) higher.It is roughly $22 (2%) higher in comparison to the United States as a whole, and compared to the city of Detroit it is about $260 (31%) higher.
Nearby places
Dexter
Dexter is roughly 6 miles east of Chelsea. The real estate prices there are somewhat more expensive. The median home in Dexter is valued at $300,900, which is $63,400 (21%) higher than Chelsea. Rents there are a little more expensive. Dexter's median monthly rent is $1,213, which is $129 (10%) higher than Chelsea.
Grass Lake
Grass Lake is about 9 miles southwest from Chelsea. The real estate prices there are significantly less expensive. The median home in Grass Lake is valued at $155,900, which comes out to $81,600 (52%) lower than Chelsea. Rents there are somewhat less expensive. The median rent in Grass Lake is $833 a month, which works out to $251 (30%) lower than Chelsea.
Pinckney
Pinckney is roughly 9 miles north of Chelsea. The real estate prices there are significantly less expensive. The median home in Pinckney is valued at $178,100, which works out to $59,400 (33%) lower than Chelsea. The rent there is significantly less expensive. Pinckney's median monthly rent is $699, which is $385 (55%) lower than Chelsea.
Manchester
Manchester is roughly 10 miles south from Chelsea. Its housing prices are significantly less expensive. The median home in Manchester costs $162,500, which works out to $75,000 (46%) lower than Chelsea. The rent there is substantially less expensive. The median monthly rent in Manchester is $676, which comes out to $408 (60%) lower than Chelsea.
Stockbridge
Stockbridge is roughly 11 miles northwest of Chelsea. Real estate prices there are significantly less expensive. The median home in Stockbridge costs $132,000, which works out to $105,500 (79%) lower than Chelsea. The rent there is a lot less expensive. In Stockbridge the median monthly rent is $636, which works out to $448 (70%) lower than Chelsea.
