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Chassell, MI

Full City Profile · Michigan · Keweenaw County County

3.6 /5.0
B+ Good
905 Population 250/sq mi density
$55,417 Median Income $37,638 per capita
$170,700 Home Value $261,219 Zillow
$711 Median Rent 36.3% income on rent
40°F Avg Temperature 249 sunny days/yr
66 Violent Crime/100K 1,258 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$55,417 median income, 0.4% unemployment
A+
Affordability
5.0 / 5.0
$170,700 home value, $711/mo rent
F
Safety
1.0 / 5.0
66 violent crimes/100K
A
Education
4.2 / 5.0
40.6% bachelor's degree or higher

Housing Overview

Median Home Value
$170,700
39% below
US avg: $281,900
Median Rent
$711/mo
39% below
US avg: $1,163/mo
Homeownership Rate
80.4%
23% above US avg (65.4%)
Total Housing Units
570
Median year built: 1971

Home Value by Source

Census Median
$170,700
Zillow (ZHVI)
$261,219
Median Sale Price
$296,000
Median List Price
$550,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

80.4%
Owner-Occupied
19.6%
Renter-Occupied
80%
20%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent: $711/mo

Market Indicators (Redfin)

Median Days on Market
198 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$133
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
36.3%
of renters spending 30%+ of income on housing
17% above US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
80.4%

Complete Housing Data

Home Values

Census Median Value$170,700
Zillow Home Value (ZHVI)$261,219
Median Sale Price$296,000
Median List Price$550,000
Price Per Sq Ft$133

Rent

Census Median Rent$711
FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market198
Sale-to-List Ratio0.9%
Price Drops50.0%
Homes Sold1
Active Inventory2
Price Per Sq Ft$133

Ownership & Stock

Owner-Occupied80.4%
Renter-Occupied19.6%
Homeownership Rate80.4%
Total Housing Units570
Median Year Built1971
Rent Burden36.3%