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Chelsea, MI
Full City Profile · Michigan · Jackson County County
3.7
/5.0
B+
Good
5,420
Population
1,497/sq mi density
$71,702
Median Income
$51,542 per capita
$301,100
Home Value
$400,699 Zillow
$1,543
Median Rent
39.0% income on rent
48°F
Avg Temperature
260 sunny days/yr
72
Violent Crime/100K
1,299 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$71,702 median income, 1.4% unemployment
A
Affordability
4.3 / 5.0
$301,100 home value, $1,543/mo rent
F
Safety
1.0 / 5.0
72 violent crimes/100K
A+
Education
5.0 / 5.0
50.8% bachelor's degree or higher
Housing Overview
Median Home Value
$301,100
7% above
US avg: $281,900
Median Rent
$1,543/mo
33% above
US avg: $1,163/mo
Homeownership Rate
62.6%
4% below US avg (65.4%)
Total Housing Units
2,681
Median year built: 1971
Home Value by Source
Census Median
$301,100
Zillow (ZHVI)
$400,699
Median Sale Price
$419,737
Median List Price
$372,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
62.6%
Owner-Occupied
37.4%
Renter-Occupied
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:
$1,543/mo
Market Indicators (Redfin)
Median Days on Market
45 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
5.9%
of listings with price reduction
Price Per Sq Ft
$212
Active Inventory
17
homes for sale
Affordability & Housing Stock
Rent Burden
39.0%
of renters spending 30%+ of income on housing
26% above US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
62.6%
Complete Housing Data
Home Values
| Census Median Value | $301,100 |
| Zillow Home Value (ZHVI) | $400,699 |
| Median Sale Price | $419,737 |
| Median List Price | $372,000 |
| Price Per Sq Ft | $212 |
Rent
| Census Median Rent | $1,543 |
| 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 Market | 45 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 5.9% |
| Homes Sold | 8 |
| Active Inventory | 17 |
| Price Per Sq Ft | $212 |
Ownership & Stock
| Owner-Occupied | 62.6% |
| Renter-Occupied | 37.4% |
| Homeownership Rate | 62.6% |
| Total Housing Units | 2,681 |
| Median Year Built | 1971 |
| Rent Burden | 39.0% |