Chelsea Real Estate Market Overview

LGBT civil rights and the birth of the downtown New York gallery scene top the list of Chelsea's claims to fame. While rental and housing prices are among the most competitive in the city (Chelsea residences aren't known for their size), they're mere steps from some of the best-appointed shops, bars, and restaurant patios in the city. From sunny weather mainstays like Boxers sports bar to the waterside... entertainment options at Chelsea Piers multiplex, no other neighborhood rings truer to the tongue-in-cheek New York sentiment to treat the city like your living room.View more

$1,577,500

Median Sales Price

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$1,774

Price Per Sqft

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$6,450

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Chelsea show a -16% year-over-year drop in median sales price and a -1% drop in median rent per month.

Median Sales Price
The median sales price for homes in Chelsea for May 18 to Aug 17 was $1,577,500 based on 34 home sales.
Price Per Square Ft.
Average price per square foot for Chelsea was $1,774, a decrease of -5% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Chelsea for Jul 18 to Aug 18 was $6,450.

Crime

Most frequent crimes in the past year

Chelsea has low crime relative to the rest of New York County.

Knowing more about crime activity in Chelsea can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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1,534

Counts of Theft

229

Counts of Assault

75

Counts of Burglary


Schools in Chelsea

School data is currently unavailable. Use the map above to find the best schools in Chelsea.


Demographics

Get to know your neighbors in Chelsea by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
76%
Single residents
Home owners
32%
Home owners
Median age
38
Median age
Household income
$98,438
Median household income
College educated
80%
College educated

Commute

Most people in Chelsea commute by public transit. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
10% commute by car
1% commute by bike
56% commute by public transportation
30% commute by foot

Moments in Chelsea


Insider Tips: Where to Go

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Morning

A do-anything day in Chelsea starts with brunch. Hit 10th Avenue for modern-meets-classic at Cookshop - choose from award-winning beignets and half-a-dozen bloody marys. Lose your buzz at concept shop Story among the rotating selection of indie goods.

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Afternoon

Grab a juice or indie 'zine at Chelsea Market, then head up to the elevated High Line to snap photos on the Seating Steps at 22nd Avenue - and watch cars glide beneath your feet.

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Evening

When the sun goes down, hit G Lounge or the Frying Pan (a docked ship) for sunset and day-glow happy hours (respectively), followed by world-class Ballet Hispanico performances at The Joyce Theater, and a gender-bending show at 8th Avenue drag bistro Intermezzo.

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