Chelsea, MI Real Estate
According to census data in the year 2000 there were 1,932 housing units in Chelsea.
This represents a 33.6% growth from 1,446 in 1990.
Of those housing units, 1,932 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Chelsea is about 66.9%.
Chelsea's vacancy rate, including seasonal lodging, is about 3.9%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Chelsea were built after 1958.
|Housing Units by Size|
|Five Bedrooms or more||2.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.61|
|Median year structure was built||1955|
|Median Value of occupied units||$159,800|
|Median Price asked for vacant units||$266,700|
Rented Homes, Apartments and Condos
|Average Household Size||1.65|
|Median year structure was built||1971|
|Median Monthly Rent asked for vacant units||$825|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||7.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19%|