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CHELSEA, OK 74016

Real Estate Market Report
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The CHELSEA, OK real estate market (74016) currently shows 20 active listings, with 5 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 56 days on market compared to 36 days last year.

The median listing price has fallen 32.4% year-over-year, from $253,250 to $171,175.

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Market Context

Market Context

Population: 5,700  ·  Density: 15.3/mi²  ·  Median household income: $58,580

Typical home value: $115,782  ·  Homeownership: 71.2%

Market Overview

Active Listings
20
⇧ 11.1% vs 18 last year
Pending
5
25% pending ratio
Median Price
$171,175
⇩ 32.4% vs $253,250 last year
Average Price
$177,476
⇩ 52.8% vs $376,180 last year
Days on Market
56
⇧ 55.6% vs 36 days last year

Price Per Square Foot

Median $/sqft
$124
⇩ 10.8% vs $139/sqft last year
Median Home Size
1,441 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 20 this year vs 18 last year
  • Days on market: 56 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $171,175 (-32.4% YoY)
  • Average: $177,476 (-52.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 28.4 miles — 440 listings ($150,367,882 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
74016Chelsea, OK 740160.0 mi25$9,186,350$272,063$367,454
74330Adair, OK 7433012.4 mi14$5,880,028$308,025$420,002
74048Nowata, OK 7404815.2 mi22$4,957,920$108,000$225,360
74080Talala, OK 7408016.1 mi5$1,827,250$314,500$365,450
74361Pryor, OK 7436117.9 mi82$28,787,248$305,000$351,064
74019Claremore, OK 7401919.8 mi76$29,977,060$370,975$394,435
74350Langley, OK 7435023.1 mi8$3,742,624$500,000$467,828
74340Disney, OK 7434024.5 mi4$2,653,332$675,000$663,333
74061Ramona, OK 7406124.8 mi9$2,948,967$289,500$327,663
74036Inola, OK 7403626.7 mi23$7,585,147$339,975$329,789
74006Bartlesville, OK 7400627.2 mi144$42,597,504$255,000$295,816
74365Salina, OK 7436528.1 mi7$4,206,650$303,225$600,950
74337Chouteau, OK 7433728.4 mi21$6,017,802$244,375$286,562

Frequently Asked Questions

How many homes are for sale in CHELSEA, OK 74016?

As of September 2026, there are 20 active listings in CHELSEA, OK (zip code 74016), compared to 18 the prior year.

What is the median home price in CHELSEA, OK 74016?

The median listing price in CHELSEA, OK 74016 is $171,175 as of September 2026, a 32.4% decrease from $253,250 the prior year.

How long do homes stay on the market in CHELSEA, OK?

Homes in CHELSEA, OK 74016 spend an average of 56 days on the market before going under contract, compared to 36 days the prior year.

Is it a seller's or buyer's market in CHELSEA, OK 74016?

Based on current inventory and days-on-market data as of September 2026, CHELSEA, OK 74016 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 56 days on market compared to 36 days last year.

How much can I save on real estate commission in CHELSEA, OK?

With SELL123.com's maximum 3% commission, sellers in CHELSEA, OK 74016 save an estimated $3,424 compared to a typical 5% commission on the median listing price of $171,175. 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.