Data as of March 2026. Source: Realtor.com.
The CHELSEA, MI real estate market (48118) currently shows 34 active listings, with 18 pending sales. Homes are averaging 24 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 24 days on market compared to 30 days last year.
The median listing price has fallen 7.1% year-over-year, from $427,400 to $396,950.
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 March 2026, there are 34 active listings in CHELSEA, MI (zip code 48118), compared to 36 the prior year.
The median listing price in CHELSEA, MI 48118 is $396,950 as of March 2026, a 7.1% decrease from $427,400 the prior year.
Homes in CHELSEA, MI 48118 spend an average of 24 days on the market before going under contract, compared to 30 days the prior year.
Based on current inventory and days-on-market data as of March 2026, CHELSEA, MI 48118 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 24 days on market compared to 30 days last year.
With SELL123.com's maximum 3% commission, sellers in CHELSEA, MI 48118 save an estimated $7,939 compared to a typical 5% commission on the median listing price of $396,950. 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.