Chelsea, OK is a great place to live and the median value of housing there is much lower than the national median. The median value for a home in Chelsea is $113,000 while the US median is $338,100. Additionally, over the past year the appreciation rate for homes in Chelsea has been 13.94% which is higher than the US average of 8.27%. This means that people who invest in housing in Chelsea can expect to reap some great benefits from their investment as it appreciates in value.
The median home cost in Chelsea is $113,000. Home appreciation the last 10 years has been 70.8%. Home Appreciation in Chelsea is up 17.0%.
Average Age of Homes
- The median age of Chelsea real estate is 46 years old
The Rental Market in Chelsea
- Renters make up 36.7% of the Chelsea population
- 3.5% 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.