Chelsea, OK


Highest Appreciating Chelsea Neighborhoods Since 2000

Chelsea, OK Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Chelsea Housing Market Information

With a population of 1,969, 780 total housing units (homes and apartments), and a median house value of $66,415, house prices in Chelsea are some of the most affordable in Oklahoma as well as the nation.

Single-family detached homes are the single most common housing type in Chelsea, accounting for 69.18% of the town's housing units. Other types of housing that are prevalent in Chelsea include mobile homes or trailers ( 18.24%), large apartment complexes or high rise apartments ( 5.77%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.77%).

People in Chelsea primarily live in small (one, two or no bedroom) single-family detached homes. Chelsea has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Chelsea built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Chelsea built between 1940-1969 ( 39.41%). A lesser amount of the housing stock also hails from before 1939 ( 12.58%). There's also some housing in Chelsea built between 2000 and later ( 8.39%).

Vacant housing appears to be an issue in Chelsea. Fully 18.24% of the housing stock is classified as vacant. Left unchecked, vacant Chelsea homes and apartments can be a drag on the real estate market, holding Chelsea real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Chelsea Home Appreciation Rates

Appreciation rates for homes in Chelsea have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 1.76%, which ranks in the top 50% nationwide. This equates to an annual average Chelsea house appreciation rate of 0.17%.

NeighborhoodScout's data show that during the latest twelve months, Chelsea's appreciation rate, at 4.37%, has been at or slightly above the national average. In the latest quarter, Chelsea's appreciation rate has been 0.95%, which annualizes to a rate of 3.85%.

Relative to Oklahoma, our data show that Chelsea's latest annual appreciation rate is higher than 70% of the other cities and towns in Oklahoma.

Average Home Values


Median Home Value:


Value Range
> $1,080,000 0.0
$810,001 - $1,080,000 0.6
$540,001 - $810,000 0.8
$432,001 - $540,000 0.0
$324,001 - $432,000 0.0
$216,001 - $324,000 0.6
$108,001 - $216,000 19.4
$54,001 - $108,000 42.0
$0 - $54,000 36.5

Very Low for OK
Very Low for Nation

Value Relative to Nation Value Relative to State
96.4139224188445 93.6555891238671

Number Of Homes And Apartments:

Chelsea Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
30.62% 1.56% 1 3
* 10 is highest

Rent & Ownership


Average Market Rent:
$746 / per month

Homeownership Rate

Owners 58.21
Renters 41.79
Vacant 18.24

Housing Market Details


Age of Homes

2000 or Newer 8.4
1970 - 1999 39.6
1940 - 1969 39.4
1939 or Older 12.6

Types of Homes

Single-Family 69.2
Townhomes 1.0
Small Apt. Buildings 5.8
Apt. Complexes 5.8
Mobile Homes 18.2
Other 0.0

Home Size

No Bedroom 2.10
1 Bedroom 11.84
2 Bedrooms 39.94
3 Bedrooms 38.36
4 Bedrooms 6.60
5 or more bedrooms 1.15

Popular Neighborhoods in Chelsea

Popular Communities Near Chelsea, OK

Zip Codes in Chelsea, OK