Data as of June 2026. Source: Realtor.com.
The CHELSEA, MI real estate market (48118) currently shows 35 active listings, with 19 pending sales. Homes are averaging 25 days on the market before going under contract.
Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 25 days on market compared to 24 days last year.
The median listing price has risen 6.6% year-over-year, from $449,925 to $479,500.
Whether you are buying or selling in CHELSEA, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 13,001 · Density: 58.2/mi² · Median household income: $89,125
Typical home value: $341,536 · Homeownership: 79.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48118 | Chelsea, MI 48118 | 0.0 mi | 25 | $10,957,525 | $379,950 | $438,301 |
| 49240 | Grass Lake, MI 49240 | 7.6 mi | 21 | $7,651,707 | $372,673 | $364,367 |
| 48103 | Ann Arbor, MI 48103 | 10.6 mi | 117 | $80,494,362 | $526,175 | $687,986 |
| 48169 | Pinckney, MI 48169 | 11.4 mi | 41 | $27,966,592 | $575,000 | $682,112 |
| 49285 | Stockbridge, MI 49285 | 13.9 mi | 16 | $4,617,408 | $297,475 | $288,588 |
| 48139 | Hamburg, MI 48139 | 15.3 mi | 1 | $734,000 | $734,000 | $734,000 |
| 48176 | Saline, MI 48176 | 16.0 mi | 109 | $64,881,923 | $576,775 | $595,247 |
| 49236 | Clinton, MI 49236 | 16.8 mi | 7 | $1,410,745 | $217,380 | $201,535 |
| 48108 | Ann Arbor, MI 48108 | 16.9 mi | 76 | $35,034,328 | $433,675 | $460,978 |
| 49230 | Brooklyn, MI 49230 | 17.6 mi | 37 | $12,734,364 | $324,825 | $344,172 |
| 48116 | Brighton, MI 48116 | 18.7 mi | 70 | $31,454,360 | $399,500 | $449,348 |
| 49202 | Jackson, MI 49202 | 19.3 mi | 82 | $11,666,632 | $146,175 | $142,276 |
| 49287 | Tipton, MI 49287 | 20.1 mi | 4 | $1,789,200 | $447,450 | $447,300 |
As of June 2026, there are 35 active listings in CHELSEA, MI (zip code 48118), compared to 52 the prior year.
The median listing price in CHELSEA, MI 48118 is $479,500 as of June 2026, a 6.6% increase from $449,925 the prior year.
Homes in CHELSEA, MI 48118 spend an average of 25 days on the market before going under contract, compared to 24 days the prior year.
Based on current inventory and days-on-market data as of June 2026, CHELSEA, MI 48118 is currently a Balanced Market. Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 25 days on market compared to 24 days last year.
With SELL123.com's maximum 3% commission, sellers in CHELSEA, MI 48118 save an estimated $9,590 compared to a typical 5% commission on the median listing price of $479,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.