The Chelsea housing market is not very competitive. The median sale price of a home in Chelsea was $155K last month, up 24.0% since last year. The median sale price per square foot in Chelsea is $214, up 25.4% since last year.
In March 2024, Chelsea home prices were up 24.0% compared to last year, selling for a median price of $155K. On average, homes in Chelsea sell after 100 days on the market compared to 87 days last year. There were 28 homes sold in March this year, down from 38 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$155,000
+24.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Chelsea, NJ
$155,000
+24.0%
United States
To compare other locations to the Chelsea and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Atlantic City add value to a home.
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How hot is the Chelsea housing market?
Chelsea is not very competitive. Homes sell in 99.5 days.
0
100
7
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 100 days.
Hot homes
can sell for around list price and go pending in around 39 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
94.5%
-0.15 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Chelsea, NJ
94.5%
-0.15 pt
United States
Home offer insights for Chelsea
Explore recent offers and recently sold homes in Chelsea
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Chelsea housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Chelsea.
Risk Factor
Flood Factor - Extreme
98% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Chelsea has an extreme risk of flooding. 1,796 properties in Chelsea are likely to be
severely affected
by flooding over the next 30 years. This represents 98% of all properties in Chelsea. Flood risk is increasing slower than the national average.
71% of properties are at risk of wildfire over the next 30 years
Fire Factor
Chelsea has a minor risk of wildfire. There are 1,399 properties in Chelsea that have some risk of being affected by wildfire over the next 30 years. This represents 71% of all properties in Chelsea.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Chelsea has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Chelsea is most at risk from hurricanes. 1,945 properties in Chelsea have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 128 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 148 mph.