Data as of September 2026. Source: Realtor.com.
The CHELSEA, MI real estate market (48118) currently shows 52 active listings, with 21 pending sales. Homes are averaging 31 days on the market before going under contract.
Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.
Homes are selling faster, averaging 31 days on market compared to 32 days last year.
The median listing price has risen 4.1% year-over-year, from $449,975 to $468,240.
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 September 2026, there are 52 active listings in CHELSEA, MI (zip code 48118), compared to 39 the prior year.
The median listing price in CHELSEA, MI 48118 is $468,240 as of September 2026, a 4.1% increase from $449,975 the prior year.
Homes in CHELSEA, MI 48118 spend an average of 31 days on the market before going under contract, compared to 32 days the prior year.
Based on current inventory and days-on-market data as of September 2026, CHELSEA, MI 48118 is currently a Balanced Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are selling faster, averaging 31 days on market compared to 32 days last year.
With SELL123.com's maximum 3% commission, sellers in CHELSEA, MI 48118 save an estimated $9,365 compared to a typical 5% commission on the median listing price of $468,240. 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.