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Median sale price
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ZIP 48118 in Chelsea, MI: housing market trends

The median home sale price in ZIP 48118 in Chelsea, MI was $424,875 for the three-month period ending September 2026. Sale prices were 1.2% lower than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$424,875
three-month period ending September 2026
Median sale price per sq ft
$231.31
three-month period ending September 2026
Active listings
97
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 97 active listings for the three-month period ending September 2026. Active listings were 4.3% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 33 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 48118 in Chelsea, MI
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$424,875$231.3147
Single-familySeptember 2026$428,892$237.9141
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Condos / co-opsSeptember 2026$344,990$212.826 · small sample
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 48118 in Chelsea, MI
MarketMedian sale priceReporting period / source
Chelsea, MI$394,8123 months ending September 2026 · Redfin
Dexter, MI$494,7643 months ending September 2026 · Redfin
Grass Lake, MI$284,3653 months ending September 2026 · Redfin
Pinckney, MI$339,8383 months ending September 2026 · Redfin
Gregory, MIUnavailableMonth ending unavailable date · Zillow
Manchester, MI$360,2783 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 48118 in Chelsea, MI
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$424,875$231.3197
August 2026$437,433$220.4088
July 2026$431,433$218.7187
June 2026$455,480$212.0280
May 2026$376,450$212.4678
April 2026$387,400$205.0071
March 2026$339,000$200.2668
February 2026$390,950$205.9268
January 2026$380,000$209.4569
December 2025$420,000$209.4575
November 2025$422,805$199.2189
October 2025$430,000$196.18105
September 2025$430,000$194.4093
August 2025$400,000$200.7096
July 2025$411,478$206.64103
June 2025$443,325$218.71108
May 2025$430,000$219.63112
April 2025$422,450$214.53102
March 2025$429,900$188.6475
February 2025$456,000$203.4869
January 2025$438,250$207.0871
December 2024$427,500$218.8382
November 2024$420,490$218.7789
October 2024$425,000$217.9097

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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