Chelsea, SD is a small but growing city that has seen an increase in housing values over the past year. The median value of housing in Chelsea is $74,100, which is significantly lower than the US House Median Value of $338,100. However, while national house appreciation only increased by 8.27%, Chelsea experienced an impressive 14.45% appreciation rate in the same period. This indicates that Chelsea's real estate market is strong and may indicate higher future growth potential for the area.
The median home cost in Chelsea is $74,100. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Chelsea is up 17.2%.
Average Age of Homes
- The median age of Chelsea real estate is 69 years old
The Rental Market in Chelsea
- Renters make up 10.5% 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.