48118 Real Estate Market Overview

Could Chelsea, MI 48118 be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about 48118. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 48118 such as Dexter... and Grass Lake. When you’re ready, Trulia has 64 resale and new homes in 48118 lined up for you, including 3 open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$332,000

Median Sales Price

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$385

Price Per Sqft

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$1,400

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 48118 show a 36% year-over-year rise in median sales price and a 0% rise in median rent per month.

Median Sales Price
The median sales price for homes in 48118 for Feb 25 to May 24 was $332,000 based on 7 home sales.
Price Per Square Ft.
Average price per square foot for 48118 was $385, an increase of 185% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 48118 for Apr 25 to May 25 was $1,400.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in and around 48118 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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Crime data for the past year is not available at this location.


Best Schools in 48118

There are 5 schools in 48118.

Elementary Schools
9

South Meadows Elementary School

Public, 3 - 5

N/A

North Creek Elementary School

Public, K - 2

Middle Schools
10

Beach Middle School

Public, 6 - 8

High Schools
10

Chelsea High School

Public, 9 - 12

N/A

Cassidy Lake Technical School

Public, 9 - 12


Demographics

Get to know your neighbors in 48118 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
28%
Single residents
Home owners
92%
Home owners
Median age
46
Median age
Household income
$76,635
Median household income
College educated
48%
College educated

Commute

Most people in 48118 commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
100% commute by car
0% commute by bike
0% commute by public transportation
0% commute by foot

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