Chelsea, ME is a great place to live for those looking for affordable housing. The median value of homes in Chelsea is $262,700, which is significantly lower than the US median value of $338,100. Additionally, the house appreciation rate in Chelsea has been much higher than the US average over the past year at 16.46% compared to 8.27%. This suggests that buying a home in Chelsea could be an attractive option for those wanting to invest in real estate and benefit from a good return on their investment.
The median home cost in Chelsea is $262,700. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Chelsea is up 20.6%.
Average Age of Homes
- The median age of Chelsea real estate is 29 years old
The Rental Market in Chelsea
- Renters make up 14.6% of the Chelsea population
- 0.0% of houses and apartments in Chelsea, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.