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Market Snapshot

Median listing price
$390K

The median listing price in Chelsea, AL ZIP 35043 is $390,000 as of June 2026.

Median rent
$2,165/mo

The median market rent in Chelsea, AL ZIP 35043 is $2,165/month as of June 2026.

Days on market
253 days

The median days on market in Chelsea, AL ZIP 35043 is 253 days as of June 2026. The market is currently neutral.

Gross rental yield
6.66%

At a median list price of $390,000 and a median rent of $2,165/month, the gross rental yield in Chelsea, AL ZIP 35043 is 6.66% as of June 2026.

Chelsea, AL 35043 Real Estate Market Report

ZIP Code: 35043

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
193
Active Listings
33
Sold Properties
160

Market Metrics

Median Listing Price
$390,000
Median Sold Price
$395,000
Median Price per Sqft
$172/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,165

Property Taxes

Property Tax Rate
0.41%

Liquidity & Velocity

Median Days on Market
253
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
flat
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Key Findings

  1. median sold price: 395,000 is the primary indicator of market value and recent transaction activity, signaling stable pricing around this level and serving as the best reference for valuation and comps; flat price trend supports using recent sales rather than list prices for underwriting and pricing strategy.
  2. Despite a close relationship between median listing price: 390,000 and the median sold price, the market shows pricing friction due to extended selling timelines, so sellers may need realistic concessions on timing rather than significant price cuts.
  3. The notably long median days on market: 253 points to slower sales velocity and suggests transaction timelines are extended; this may indicate buyers require more time to evaluate offers and lenders are underwriting cautiously in the current rate environment.
  4. Macro and near-market signals show a neutral market temperature with price year-over-year trend: flat, rising rental demand (rent year-over-year trend: up), and interest rate pressure: elevated; collectively this suggests a balanced market with cautious buyers and resilient rent fundamentals—prioritize listings that highlight rent-adjacent value (e.g., recent upgrades) and set time-sensitive marketing plans.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

891 Whisenhunt Rd, Chelsea, AL 35043
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds3 baths3,773 sqft
$1,900,000
May 1, 2026
$504/sqft/sqft
189 days on market
565 Griffin Rd, Chelsea, AL 35043
Premium

Sold above market average

3 beds3 baths4,292 sqft
$1,250,000
May 1, 2026
$291/sqft/sqft
771 days on market
442 S Highland Ridge Ln, Chelsea, AL 35043
Market Benchmark

Sold at market average

6 beds3 baths4,732 sqft
$825,000
May 1, 2026
$174/sqft/sqft
336 days on market
104 Brynleigh Dr, Chelsea, AL 35043
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,952 sqft
$370,000
May 1, 2026
$190/sqft/sqft
191 days on market
4128 Park Crossings Dr, Chelsea, AL 35043
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds2 baths2,410 sqft
$369,900
May 1, 2026
$153/sqft/sqft
137 days on market
107 Magnolia Ridge Cir, Chelsea, AL 35043
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds3 baths2,427 sqft
$369,000
May 1, 2026
$152/sqft/sqft
336 days on market
88 Hargis Dr, Chelsea, AL 35043
Value

Sold below market average

3 beds2 baths1,672 sqft
$120,000
May 1, 2026
$72/sqft/sqft
171 days on market
2036 Chelsea Park Bnd, Chelsea, AL 35043
Value

Sold below market average

3 beds2 baths1,620 sqft
$119,912
May 1, 2026
$74/sqft/sqft
98 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$83/mo
35043 Avg Rent
35043 Cost to Own
Rent$2,165
Own$2,248

20% down, 6.50% rate, 0.4% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

35043 Avg nightly rate
35043 Avg occupancy (days/year)
Nightly rate$122/night
Occupancy53 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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