Comprehensive market data and analysis• Updated Oct 2026
3.6 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | 3 | 4 |
| 2-5 acres | - | 4 | 6 | 8 |
| 5-10 acres | - | - | 2 | 5 |
| 10-20 acres | - | 1 | 4 | 4 |
| 20-50 acres | - | - | 1 | 2 |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 5 | 17 | 25 |
Acreage buckets
The median price for land in Chelsea, Michigan is currently $34K per acre. For a typical parcel, the median sale price is $133K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $100K while premium lots reached $273K.
Chelsea, Michigan is currently a seller's market with 3.6 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Chelsea, Michigan currently has 3.6 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
There are currently 6 active listings in Chelsea, Michigan. 3 new listings have hit the market in the last 90 days. The median asking price is $202K.
Land in Chelsea, Michigan averages $41K per acre. The median price per acre is $34K, which may be more representative of typical transactions. Most parcels sold are around 4.3 acres.
The current absorption rate in Chelsea, Michigan is 27.8% (3-month basis), indicating strong demand. The top-performing broker in this market is Howard Hanna Real Estate.
Over the past 12 months, Chelsea, Michigan saw 25 properties sold, totaling $4.0M in sales volume. In just the last 3 months, 5 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Chelsea on LandyDandy.
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