Zip 35043 (Chelsea, AL) Housing

The housing market in Chelsea, AL (zip code 35043) is very strong. The median value of a house in the area is $340,800, which is slightly higher than the US median house value of $338,100. Furthermore, the one year house appreciation rate in Chelsea is 13.55%, which is significantly higher than the US one year house appreciation rate of 8.27%. This indicates that the housing market in Chelsea is growing at a faster rate and could be an attractive option for potential buyers or investors.

The median home cost in Chelsea (zip 35043) is $340,800. Home appreciation the last 10 years has been 77.2%. Home Appreciation in Chelsea (zip 35043) is up 19.7%.

Average Age of Homes

- The median age of Chelsea (zip 35043) real estate is 14 years old

The Rental Market in Chelsea (zip 35043)

- Renters make up 10.1% of the Chelsea (zip 35043) population
- 3.1% of houses and apartments in Chelsea (zip 35043), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Chelsea, Alabama	United States
	4,610.0	139,647,020.0
	16	42
	$340,800	$338,100
	19.7%	16.6%
	59.0%	57.0%
	77.2%	101.1%
	$4.33	$10.98
	$1,121	$2,690
	84.4%	57.4%
	6.2%	11.2%
	9.4%	31.4%
Vacant Housing
	3.1%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.3%	0.4%
	0.7%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	1.0%	2.4%
	0.2%	2.8%
	1.1%	3.9%
	0.0%	4.5%
	5.8%	11.3%
	13.3%	13.0%
	46.6%	20.1%
	16.9%	13.6%
	7.6%	8.3%
	5.4%	9.7%
	1.3%	3.9%
	0.2%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.8%	0.2%
	44.1%	13.6%
	44.1%	13.6%
	15.7%	13.6%
	5.6%	13.2%
	3.4%	14.8%
	15.7%	13.6%
	0.8%	10.0%
	0.8%	4.7%
	0.7%	12.2%

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