The Lower Chelsea housing market is not very competitive. The median sale price of a home in Lower Chelsea was $410K last month, up 41.4% since last year. The median sale price per square foot in Lower Chelsea is $354, down 2.5% since last year.
What is the housing market like in Lower Chelsea today?
In January 2025, Lower Chelsea home prices were up 41.4% compared to last year, selling for a median price of $410K. On average, homes in Lower Chelsea sell after 99 days on the market compared to 72 days last year. There were 28 homes sold in January this year, down from 37 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$410,000
+41.4% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Lower Chelsea, NJ
$410,000
+41.4%
United States
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How hot is the Lower Chelsea housing market?
Lower Chelsea is not very competitive. Homes sell in 96 days.
0
100
17
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 4% below list price and go pending in around 96 days.
Hot homes
can sell for around list price and go pending in around 65 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
96.2%
+0.3 pt YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
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 Lower Chelsea housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lower Chelsea.
Flood Factor - Major
98% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lower Chelsea has a major risk of flooding. 1,630 properties in Lower Chelsea are likely to be
severely affected
by flooding over the next 30 years. This represents 98% of all properties in Lower Chelsea. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lower Chelsea has a moderate risk of wildfire. There are 2 properties in Lower Chelsea that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Lower Chelsea.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Lower Chelsea has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lower Chelsea is most at risk from hurricanes. 1,914 properties in Lower 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 131 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 151 mph.