Chelsea, VT is a small town with a population of around 1,000 people located in the state of Vermont. The median value for housing in Chelsea is $261,700 which is significantly lower than the median value for housing across the United States which stands at $338,100. This difference can be attributed to the smaller population size and more rural location of Chelsea compared to larger cities across the country. Over the past year, houses in Chelsea have appreciated at an impressive rate of 15.30%, far higher than the 8.27% appreciation rate seen across America as a whole during that same period. Chelsea's attractive scenery and quality schools make it an increasingly desirable place to live, driving up home prices in this small town.
The median home cost in Chelsea is $261,700. Home appreciation the last 10 years has been 63.5%. Home Appreciation in Chelsea is up 19.1%.
Average Age of Homes
- The median age of Chelsea real estate is 45 years old
The Rental Market in Chelsea
- Renters make up 18.2% of the Chelsea population
- 0.9% 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.